SouthWest Water Company Declares Cash Dividends
December 11 2008 - 8:00AM
Business Wire
SouthWest Water Company (Nasdaq:SWWC) today announced that its
board of directors declared quarterly cash dividends of $0.025 per
share of common stock and $0.65625 per share of Series A preferred
stock. The dividends are payable on January 22, 2009 to
stockholders of record as of January 7, 2009. �Each quarter since
1960, SouthWest Water�s board has reviewed our dividend policy in
light of current business, economic and market conditions,� said
Mark Swatek, SouthWest Water chairman and chief executive officer.
�The decision to reduce this quarter�s dividend reflects the
board�s desire to be prudent and preserve company resources during
these challenging times.� SouthWest Water Company provides a broad
range of operations, maintenance and management services, including
water production, treatment and distribution; wastewater collection
and treatment; customer service; and utility infrastructure
construction management. The company owns regulated public
utilities and also serves cities, utility districts and private
companies under contract. More than two million people in 10 states
depend on SouthWest Water for high-quality, reliable service.
Additional information may be found on the company�s Web site:
www.swwc.com. For Further Information: SouthWest Water Company624
S. Grand Ave., Suite 2900Los Angeles, CA 90017www.swwc.com
Southwest Water (NASDAQ:SWWC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Southwest Water (NASDAQ:SWWC)
Historical Stock Chart
From Jul 2023 to Jul 2024