Connecticut Water Service Inc. elected three directors and set quarterly dividends on the Clinton water utility’s preferred and common shares.
Former utilities regulator Heather Hunt, retired Cigna Corp. financial executive Arthur C. Reeds, and Connecticut Water CEO Eric W. Thornburg were re-elected to seats on the nine-member board at its annual meeting on Friday.
Meantime, the board declared a dividend of 22.75 cents a common share to be paid on June 15 to stockholders of record as of June 1.
Directors also declared a dividend of 20 cents for each share of its preferred A stock to be paid July 15 to stockholders of record as of July 1.
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Holders of its preferred 90 shares will collect on Aug. 2 22.5 cents for each share held as of July 19.
