American Water Works Company Inc. declares quarterly dividend.VOORHEES, N.J.--(BUSINESS WIRE)--April 3, 1997--The board of directors of American Water Works Company Inc. (NYSE NYSE 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. ) Thursday declared its regular quarterly dividend of 19 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. on its common stock, payable May 15, 1997 to shareholders of record on April 25, 1997. Directors also declared the regular quarterly dividends of 31 1/4 cents per share on the cumulative preferred stock Cumulative preferred stock Preferred stock whose dividends accrue, should the issuer not make timely dividend payments. Related: Non-cumulative preferred stock. , 5 percent series, and the 5 percent cumulative preference stock, and 53 1/8 cents per share on the cumulative preferred stock, 8.5 percent series (unlisted), all payable June 1, 1997 to shareholders of record on May 9, 1997. American Water Works Company is the largest investor-owned water utility business in the U.S. Its 22 water utility subsidiaries serve a population of more than 7 million people in over 800 communities in 21 states. CONTACT: American Water Works Co. Inc., Voorhees George W. Johnstone, president/CEO, 609/346-8200 |
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