Water Investment Ideas

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York Water Company (YORW) - >>> York Water Company, founded in 1816, is the oldest investor-owned water utility in the U.S. The company sources, purifies, and distributes drinking water within three counties in south-central Pennsylvania. It also owns two wastewater collection systems and five wastewater collection and treatment facilities.

As a water utility, York's growth is determined by the number of customers, as well as water and wastewater rates. Because it can't directly control prices, the best way for the company to grow is by increasing its customer base.

York Water has made a number of acquisitions in its territory to boost growth, but it operates in a slow-growing part of the country. The company's total customer count increased slightly from 71,411 at the end of 2019 to 73,144 at the end of 2021.

Its 2021 revenue increased 2.3% to $55.1 million. The company is also highly profitable, with an operating margin of 42%.

York Water pays a dividend yield of 1.8%, and its payout ratio is around 60%, meaning that investors can count on a continuing dividend.

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