Connecticut Water announces dividend

The Connecticut Water Co. approved a dividend of 21.5 cents per share at its annual meeting yesterday. The payment is unchanged from the previous quarter and represents an annualized dividend of 86 cents per share. It will be payable on June 15 to shareholders of record on June 1. The company also approved a 20 cents per share dividend for its non-publicly traded stock, and a 22.5 cents per share dividend on its Preferred 90 stock, which is traded on Nasdaq’s Over the Counter Bulletin Board.