Reasons to Add Essential Utilities (WTRG) to Your Portfolio Now

Currently, the company carries a Zacks Rank #2 (Buy). Let's look at the factors that are driving the stock. The company's long-term (three to five years) earnings growth is pinned at 5.75%. The company has paid shareholders a cash dividend on its common stock for 79 years and has increased the dividend 33 times in the past 32 years. Its current dividend yield is 3.28%, better than the industry average yield of 2.35%. WTRG is making continuous investments to improve its water and natural gas infrastructure. ...