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SouthWest Water Ups Common Share Dividend By 100%

Posted on: Mon, 26 Oct 2009 04:02:00 EDT

Symbols: SWWC

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Oct 26, 2009 (FinancialWire via COMTEX) --
SWWC | Quote | Chart | News | PowerRating -- (Comment on this article at http://www.financialwire.net/2009/10/26/southwest-water-ups-common-share-dividend-by-100/)

October 26, 2009 (FinancialWire) -- SouthWest Water Co.'s (NASDAQ: SWWC | Quote | Chart | News | PowerRating) board has raised the company's quarterly cash dividend on its common stock to $0.05 per share from $0.025 per share, a 100% increase.

The board also declared a quarterly cash dividend of $0.65625 per share on the company's series A preferred stock. Both dividends will be paid November 20 to stockholders of record on November 4.

Los Angeles-based SouthWest Water provides a 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. SouthWest serves more than a million people in nine states.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

http://www.financialwire.net

For full details on Southwest Water Co (SWWC) SWWC. Southwest Water Co (SWWC) has Short Term PowerRatings at TradingMarkets. Details on Southwest Water Co (SWWC) Short Term PowerRatings is available at This Link.

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