UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d)
of
the Securities Exchange Act of 1934
|
Date
of Report: November 24,
2009
|
|
(Date
of earliest event reported)
|
THE
YORK WATER COMPANY
(Exact
name of registrant as specified in its charter)
|
PENNSYLVANIA
|
001-34245
|
23-1242500
|
|
|
(State
or other jurisdiction
|
(Commission
|
(I.R.S.
Employer
|
|
|
of
incorporation)
|
File
Number)
|
Identification
No.)
|
|
|
130
EAST MARKET STREET
YORK,
PENNSYLVANIA
|
17401
|
||
|
(Address
of principal executive offices)
|
(Zip
Code)
|
||
|
(717)
845-3601
|
|
(Registrant's
telephone number, including area
code)
|
|
Not
Applicable
|
|
(Former
Name or Former Address, if Changed Since Last
Report)
|
|
Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
|
|
|
¨
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
|
¨
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
|
¨
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
|
|
¨
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
|
THE
YORK WATER COMPANY
|
Item
8.01
|
Other
Events
|
THE
YORK WATER COMPANY ANNOUNCES 556th CONSECUTIVE DIVIDEND,
INCREASES
DIVIDEND,
AND
COMPLETES THE BEAVER CREEK VILLAGE WATER SYSTEM ACQUISITION
York, Pennsylvania, November 24, 2009: The York
Water Company's (NASDAQ:YORW) President and CEO, Jeffrey R. Hines, announced
today that the Board of Directors at their November 23rd meeting increased the
quarterly dividend from $0.126 per share to $0.128 per share. The
annualized dividend yield based on Monday’s stock market closing is about 3.5%.
The dividend is payable January 15, 2010 to shareholders as of record date
December 31, 2009.
This is
the 556th consecutive dividend to be paid by The York Water Company and is the
thirteenth consecutive year that the Company has increased its
dividend. York Water, which is the oldest investor owned utility in
the nation, has paid dividends for 193 consecutive years beginning in 1816. This
is believed to be the longest record of consecutive dividends in
America.
York
Water also announced the completion of the acquisition of the Beaver Creek
Village water system. Beaver Creek, which served approximately 500 people, is
now a part of York Water’s service population of over 175,000. This
is York Water’s third acquisition in the past twelve months.
According
to President Hines, “York Water continues to grow to meet the needs of the
region. In addition to providing “That good York water” to the residents of
Beaver Creek Village, we will invest in replacing and upgrading our existing
infrastructure and facilities so that we can continue our 193 year tradition of
providing a safe, reliable supply of high quality water, while preserving our
precious resources.”
This
release contains forward-looking statements that are subject to various risks
and uncertainties. A discussion of factors that may cause actual results to
differ from management's projections, forecasts, estimates and expectations is
available in the Company filings with the SEC. Those factors may include changes
in general economic conditions, increases in costs, changes in regulation,
changes in weather, and other factors. The Company undertakes no obligation to
update forward looking statements to reflect changes occurring after the date
hereof.
THE
YORK WATER COMPANY
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
|
THE
YORK WATER COMPANY
|
|||
|
Date:
November 24, 2009
|
By:
|
/s/Kathleen M. Miller | |
|
Kathleen
M. Miller
|
|||
|
Chief
Financial Officer
|
|||