Essential Utilities Inc Dividend history 25 years & forecast 2024 to 2028
Dividend analysis of the Essential Utilities Inc share
| Current dividend yield | 3.3 % |
| Dividendenrendite 5 Jahre | 7.7 % |
| Dividend yield 10 years | 2.81 % |
| Payout 3 years | 3.69 % |
When does Essential Utilities Inc pay a dividend?
The Essential Utilities Inc share dividend is distributed 4 times a year. In order to receive a dividend, you should generally own the Essential Utilities Inc share before the ex-dividend date. The dividend calendar shows that the last ex-day dates were February, May, August and November . Dividends from Essential Utilities Inc are distributed via March, June, September and December.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Financial year | Dividend per share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.3071
$0.31
|
May 09 2024
May 09 2024
Jun 01 2024
May 09 24
Jun 01 24 |
Jun 01 2024 |
quarterly
quarterly
|
| 2024 |
$0.3071
$0.31
|
Feb 08 2024
Feb 08 2024
Mar 01 2024
Feb 08 24
Mar 01 24 |
Mar 01 2024 |
quarterly
quarterly
|
| 2023 |
$0.3071
$0.31
|
Nov 09 2023
Nov 09 2023
Dec 01 2023
Nov 09 23
Dec 01 23 |
Dec 01 2023 |
quarterly
quarterly
|
| 2023 |
$0.3071
$0.31
|
Aug 10 2023
Aug 10 2023
Sep 01 2023
Aug 10 23
Sep 01 23 |
Sep 01 2023 |
quarterly
quarterly
|
| 2023 |
$0.287
$0.29
|
May 11 2023
May 11 2023
Jun 01 2023
May 11 23
Jun 01 23 |
Jun 01 2023 |
quarterly
quarterly
|
| 2023 |
$0.287
$0.29
|
Feb 09 2023
Feb 09 2023
Mar 01 2023
Feb 09 23
Mar 01 23 |
Mar 01 2023 |
quarterly
quarterly
|
| 2022 |
$0.287
$0.29
|
Nov 09 2022
Nov 09 2022
Dec 01 2022
Nov 09 22
Dec 01 22 |
Dec 01 2022 |
quarterly
quarterly
|
| 2022 |
$0.287
$0.29
|
Aug 11 2022
Aug 11 2022
Sep 01 2022
Aug 11 22
Sep 01 22 |
Sep 01 2022 |
quarterly
quarterly
|
| 2022 |
$0.2682
$0.27
|
May 12 2022
May 12 2022
Jun 01 2022
May 12 22
Jun 01 22 |
Jun 01 2022 |
quarterly
quarterly
|
| 2022 |
$0.2682
$0.27
|
Feb 10 2022
Feb 10 2022
Mar 01 2022
Feb 10 22
Mar 01 22 |
Mar 01 2022 |
quarterly
quarterly
|
How much dividend does Essential Utilities Inc pay?
Essential Utilities Inc most recently paid a dividend of $0.31. Essential Utilities Inc paid a dividend of $1.19 per share in the financial year 2023. With a share price of $37.07 at Jul 02 2024, the current dividend yield is 3.21% (calculation: $1.19 / $37.07 = 3.21%). No special dividend was paid.
What is the Essential Utilities Inc dividend yield and payout ratio?
The average Essential Utilities Inc dividend yield over the last 5 years is 2.38% and the average over the last 10 years is 2.40%.
The payout ratio of Essential Utilities Inc in relation to the last financial year is 63.88%. The payout ratio smoothed over 3 years is 62.95%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Essential Utilities Inc |
|---|---|
| Current dividend yield | 3.21% |
| Dividend yield 5 yrs. | 2.38% |
| Dividend yield 10 yrs. | 2.40% |
| Payout 1 yr. | 63.88% |
| Payout 3 yrs. | 62.95% |
Is the Essential Utilities Inc dividend safe? Continuity & dividend growth
Is the Essential Utilities Inc dividend safe?
Essential Utilities Inc has been paying a dividend for 25 years and has not lowered the dividend for 25 years (dividend continuity). As a result, the dividend was recently increased25-times.
The dividend growth in relation to the previous financial year amounts to 7.01%. The average Essential Utilities Inc dividend growth over the last 5 years is 6.99%. The average for the last 10 years is 7.36%.
| Metric | Essential Utilities Inc |
|---|---|
| Increased | 25 Years |
| Continuity | 25 Years |
| Paid | 25 Years |
| Growth 1 yr. | 7.01% |
| Growth 5 yrs. | 6.99% |
| Growth 10 yrs. | 7.36% |
Continuity
Essential Utilities Inc has been paying a dividend for 25 years and has not lowered the dividend for 25 years (dividend continuity). As a result, the dividend was recently increased25-times.
Dividend growth
The dividend growth in relation to the previous financial year amounts to 7.01%. The average Essential Utilities Inc dividend growth over the last 5 years is 6.99%. The average for the last 10 years is 7.36%.
Essential Utilities Inc Share forecast 2024
On the stock exchange, the Essential Utilities Inc share (ISIN: US29670G1022) is not traded as a top scorer in July 2024 according to the dividend strategy.
The share price of Essential Utilities Inc -0.75% has fallen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Essential Utilities Inc share price in real time at the top of the page.
The Essential Utilities Inc share (symbol: WTRG) is valued at a price/earnings ratio (P/E ratio) of 17.57 and a price/sales ratio (P/S ratio) of 5.23 valued. Based on analyst estimates, the Essential Utilities Inc share forecast 2024 of the current financial year corresponds to a valuation of 16.99 according to P/E ratio and 4.59 according to P/S ratioe.
| Metric | Essential Utilities Inc |
|---|---|
| Dividend score | ??/15 |
| Performance 2024 |
0.75%
|
| P/E ratio TTM | 17.57 |
| P/S ratio TTM | 5.23 |
| P/E ratio expected | 16.99 |
| P/S ratio expected | 4.59 |
The Essential Utilities Inc share (symbol: WTRG) is valued at a price/earnings ratio (P/E ratio) of 17.57 and a price/sales ratio (P/S ratio) of 5.23 valued. Based on analyst estimates, the Essential Utilities Inc share forecast 2024 of the current financial year corresponds to a valuation of 16.99 according to P/E ratio and 4.59 according to P/S ratioe.
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