Water Utilities Are Growth Stocks That Pay Good Dividends

Fueled by a robust demand for a reliable and safe supply of drinking and commercial water, many water utilities have enjoyed long-term price appreciation. And water utilities pay reliable dividends, some of which exceed a three percent yield, making them excellent stocks for dividend reinvestment.

Consider the following water utilities as candidates for a long-term dividend reinvestment portfolio.

Water Utilities
Stock	Quote	State	Annual Dividend	Dividend Yield
American States Water	AWR	CA	$1.00	2.30%
Aqua America	WTR	Many	$0.50	2.30%
Artesian Resources	ARTNA	DL	$0.69	3.60%
BIW	BIW	CT	$0.68	2.90%
California Water Service Group	CWT	CA, HI, NM and WA	$1.16	2.90%
Connecticut Water Service	CTWS	CT	$0.87	3.50%
Middlesex Water Co	MSEX	DE and NJ	$0.70	3.70%
SJW Corporation	SJW	CA	$0.61	1.70%
Southwest Water	SWWC	Many	$0.23	1.90%
York Water	YORW	PA	$0.47	2.90%
NOTE: All data are from finance.yahoo.com as of November 29, 2007.

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Why Dividends Matter

Updated November 30, 2007.