Today’s Dividend On Watch: $0.28 dividends are now a reality for Connecticut Water Service, Inc. (NASDAQ:CTWS) shareholders. Here’s why.

Today's Dividend On Watch: $0.28 dividends are now a reality for Connecticut Water Service, Inc. (NASDAQ:CTWS) shareholders. Here's why.

Connecticut Water Service, Inc. (NASDAQ:CTWS) is expected to pay $0.28 on Dec 15, 2016. The indicated annual dividend is $1.13. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on Connecticut Water Service, Inc.’s current price of $55.70, the dividend is 0.51%. This dividend’s record date is Dec 1, 2016 and the announcement date is Nov 11, 2016. The stock increased 3.13% or $1.69 on November 25, hitting $55.7. Connecticut Water Service Inc (NASDAQ:CTWS) has risen 20.38% since April 25, 2016 and is uptrending. It has outperformed by 14.37% the S&P500.

Connecticut Water Service, Inc. is a non-operating holding company. The company has a market cap of $645.68 million. The Company’s income is derived from the earnings of its subsidiary companies, including The Connecticut Water Company , The Maine Water Company (Maine Water), New England Water Utility Services, Inc. (NEWUS) and Chester Realty Company (Chester Realty). It has a 25.19 P/E ratio. It operates through three divisions: Water Operations, Real Estate Transactions, and Services and Rentals.

Insitutional Activity: The institutional sentiment increased to 1.02 in 2016 Q2. Its up 0.10, from 0.92 in 2016Q1. The ratio increased, as 8 funds sold all Connecticut Water Service Inc shares owned while 40 reduced positions. 15 funds bought stakes while 29 increased positions. They now own 4.82 million shares or 3.51% more from 4.66 million shares in 2016Q1.
Teton Advisors has invested 0.02% of its portfolio in Connecticut Water Service Inc (NASDAQ:CTWS). M&T Commercial Bank Corp accumulated 20,230 shares or 0.01% of the stock. accumulated 375 shares or 0.01% of the stock. Legal & General Gp Pcl has 1,744 shares for 0% of their US portfolio. First Trust Advsr L P has 9,374 shares for 0% of their US portfolio. Pnc Fincl Services Group Inc has 1,725 shares for 0% of their US portfolio. Teachers Advsr has 0% invested in the company for 17,045 shares. Public Employees Retirement Association Of Colorado, a Colorado-based fund reported 6,483 shares. Wells Fargo Com Mn holds 0% of its portfolio in Connecticut Water Service Inc (NASDAQ:CTWS) for 39,019 shares. The Pennsylvania-based Vanguard Group has invested 0% in Connecticut Water Service Inc (NASDAQ:CTWS). Janney Montgomery Scott Limited Liability Corporation has 0.02% invested in the company for 31,373 shares. Goldman Sachs Gru Incorporated holds 13,065 shares or 0% of its portfolio. The Pennsylvania-based Nationwide Fund Advisors has invested 0% in Connecticut Water Service Inc (NASDAQ:CTWS). Blackrock Institutional Trust Na accumulated 357,352 shares or 0% of the stock. State Board Of Administration Of Florida Retirement System has 0% invested in the company for 3,646 shares.

More important recent Connecticut Water Service Inc (NASDAQ:CTWS) news were published by: Patch.com which released: “Avon Water Company and Connecticut Water Service Joining Forces” on October 12, 2016, also Globenewswire.com published article titled: “Connecticut Water Service, Inc. to Webcast, Live, at …”, Zacks.com published: “Connecticut Water’s Buyouts Bode Well, Regulations Sting” on November 17, 2016. More interesting news about Connecticut Water Service Inc (NASDAQ:CTWS) was released by: Nasdaq.com and their article: “Connecticut Water Service, Inc. to Present at the Southwest IDEAS Investor …” with publication date: November 02, 2016.

CTWS Company Profile

Connecticut Water Service, Inc., incorporated on February 1, 1956, is a non-operating holding company. The Company’s income is derived from the earnings of its subsidiary companies, including The Connecticut Water Company (Connecticut Water), The Maine Water Company (Maine Water), New England Water Utility Services, Inc. (NEWUS) and Chester Realty Company (Chester Realty). Connecticut Water and Maine Water are its regulated water companies (referred to as Regulated Companies). The Firm operates through three divisions: Water Operations, Real Estate Transactions, and Services and Rentals.

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