York Water is a small-cap water utility in the mid-Atlantic. It operates as a water utility and waste water company for 200 000 people in York County, Pennsylvania and nine other communities in Adams County, Pennsylvania. Incorporated in 1816 and paying a consecutive dividend since then, York Water impounds, purifies and distributes drinking water to 48 municipalities within York and Adams Counties, Pennsylvania. It owns and operates wastewater collection systems and wastewater treatment systems. Its business operation is regulated by the Pennsylvania Public Utility Commission in the areas of billing, payment procedures, dispute processing, terminations, service territory, and rate setting. York Water is the oldest investor-owned utility in the USA and has the longest consecutive dividend record in America. York Water offers an recession-proof business model and that is why York’s dividend yield has consistently, though less volatile, been traded in-line with the yield of US 10y Treasury Notes.
USA – Water Utility