Aquarion declares regular quarterly dividend.BRIDGEPORT, Conn.--(BUSINESS WIRE)--July 24, 1997--Aquarion Company (NYSE NYSE See: New York Stock Exchange :WTR WTR Water WTR Writer WTR Wait To Restore WTR Wireless Technology Research WTR Walker, Texas Ranger (TV show) WTR Western Test Range WTR With-The-Rule Astigmatism WTR Working Time Regulation (UK) ) announced that its Board of Directors today declared a regular quarterly cash dividend of 40 1/2 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 the company's outstanding common stock. The dividend is payable July 30, 1997 to shareholders of record on July 11, 1997. This continues the company's record of uninterrupted dividend payments since 1890. Aquarion Company's principal business is the protection, treatment and supply of public water. Through its BHC BHC benzene hexachloride. BHC, ?-BHC see benzene hexachloride. and Sea Cliff Water Company subsidiaries, it is one of the 10 largest investor-owned water utilities in the U.S. and serves a population of 500,000 in 30 Connecticut Connecticut, state, United States Connecticut (kənĕt`ĭkət), southernmost of the New England states of the NE United States. It is bordered by Massachusetts (N), Rhode Island (E), Long Island Sound (S), and New York (W). and Long Island, NY communities. Other businesses include real estate through the sale of surplus water company land, and contract management of municipal water systems. Aquarion also owns a small timber processing company. CONTACT: Larry L. Bingaman 203/336-7626 or Adrienne C. Vaughan 203/336-7624 |
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