High materiality8/10
Public signal · 1-minute delayed
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Essential Utilities raised its quarterly dividend by 6% in July 2024. The company's second quarter operating revenue decreased by 0.5% year-over-year. Rate cases may lead to increased future revenues for Essential Utilities. The company maintains a strong credit rating of A- from S&P. Projected adjusted diluted EPS growth is expected at 6.5% for 2024.
- Essential Utilities raised its quarterly dividend by 6% in July 2024.
- The company's second quarter operating revenue decreased by 0.5% year-over-year.
- Rate cases may lead to increased future revenues for Essential Utilities.
- The company maintains a strong credit rating of A- from S&P.
- Projected adjusted diluted EPS growth is expected at 6.5% for 2024.
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