Why The York Water Company (YORW) Deserves its Spot Among Dividend Champions

The York Water Company (NASDAQ:YORW) is included among the Best Dividend Stocks for a Dividend Champions List.

The York Water Company (NASDAQ:YORW) is a small player in the utility space, handling water and wastewater services in Pennsylvania. Unless you live in one of the 57 municipalities it serves across four counties in the south-central part of the state, you’ve probably never heard of it. Its stock doesn’t attract much buzz either, with average daily trading volume is just over 100,000 shares, which is a drop in the bucket compared to larger utilities.

What keeps The York Water Company (NASDAQ:YORW) steady is the nature of its business. Running water lines is expensive, so once a utility is set up in an area, it usually becomes the only option around. That kind of built-in monopoly gives York a predictable cash flow and removes the usual worries about competitors stealing market share.

For investors, though, the real appeal has always been its dividend. The York Water Company (NASDAQ:YORW) has been paying one without interruption since 1816, making it the oldest continuously paying dividend stock in the US. Moreover, the company has raised its payout for 28 straight years. The quarterly dividend sits at $0.2192 per share, giving it a yield of about 2.9%, as of October 2.

While we acknowledge the potential of YORW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.