AQUA AMERICA, Inc. (NY: WTR)
+0.00 (0.00%)
at
16.75
677,273 in Volume
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Data as of 06:40 PM EST Feb 9,2010
(WTR) Community Analysis from
February 10, 2010
I regularly check the wires for companies which are increasing dividends. That way I have another control which would enable me to find promising dividend growers to add to my...(read more)
(Blue Grass Portfolio, 11/21/08)
Despite what it may feel like, not every single stock has been cut in half over the course of the last few months. Oh, the winners are few and far between to be sure, but there have been a couple of consistent hot spots since this...(read more)
Aqua America (WTR) Company Overview

Aqua America (NYSE:WTR) is a water and wastewater company that provides water to homes, offices, and industrial customers across 12 state boundaries. [1] Residential customers make up more than half of Aqua America's client base. [2] This group has shown itself to be relatively price inelastic - demand has grown at roughly 2% per year for the past 5 years despite over 90 rate increase over the same time period.[3]

Over 90% of the water provided to customers is drawn directly from lakes, reservoirs, and wells in customers' home states.[4] During times of drought, Aqua America sustains signifcant extra costs transporting water to their customers; however, they have been successful passing these costs on to their customers in the form of rate increases.[4]

(Read more at Wikinvest )

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