The board of directors of Consumers Water Co. last Saturday voted to increase th

Source

Portland Press Herald

Date

9-16-1994

Pages

1C

Abstract

The board of directors of Consumers Water Co. last Saturday voted to increase the company's common stock dividend by 1.7 percent, from 29 cents to 29 1/2 cents per share. This marks the 38th consecutive year it has raised the stock dividend, and some observers in the investment community are questioning the move. Maine Securities Corp. President Bradley C. McCurtain feels Consumers Water would be better off retaining more of its earnings and finding investment opportunities.

Subjects

Consumers Water Company -- Portland

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