American Water Increases Quarterly Dividend.VOORHEES Voorhees may mean: Places
See: New York Stock Exchange :AWK (Aho Weinberger Kernighan) A Unix programming utility developed in 1977 by Alfred Aho, Peter Weinberger and Brian Kernighan. Due to its unique pattern-matching syntax, awk is often used in data retrieval and data transformation. ) announced today that its Board of Directors increased its quarterly cash dividend payment by five percent from $0.20 to $0.21 per share. The regular quarterly cash dividend is payable on September 1, 2009 to all shareholders of record as of August 18, 2009. "The decision to raise the dividend reflects our confidence in American Water's financial performance," said Don Correll, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of American Water. "We are pleased that this is our fifth consecutive declaration since going public more than one year ago and we recognize the importance of meeting our shareholders expectations." Founded in 1886, American Water is the largest investor-owned U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs more than 7,000 dedicated professionals who provide drinking water drinking water supply of water available to animals for drinking supplied via nipples, in troughs, dams, ponds and larger natural water sources; an insufficient supply leads to dehydration; it can be the source of infection, e.g. leptospirosis, salmonellosis, or of poisoning, e.g. , wastewater and other related services to approximately 15 million people in 32 states and Ontario, Canada. |
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