WECT TV6 - WECT.com - Wilmington, NC news and weather - SouthWest Water doubles regular dividend
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LOS ANGELES (AP) - SouthWest Water Co. on Friday doubled its regular quarterly dividend to 5 cents from 2.5 cents.
The company will pay the dividend on Nov. 20 to shareholders of record Nov. 4.
SouthWest Water's stock fell 12 cents, or 2.2 percent, to $5.34 in afternoon trading. Over the past year, the shares have traded in a range of $2.67 to $8.98.
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