Summary
The company is on a 10-year dividend growth streak, to be sustained.
Management's acquisition frenzy seems to be paying off.
A fast pace growing customer list brings positive outlooks.
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This article has been written by Olivier Gélinas for Dividend Stocks Rock.
Everybody needs water, right? That is exactly why Aqua America (WTR) is a strong growth company in its industry. The company uses an aggressive growth strategy which, in turn, translates to a high-level of expertise. This 10-year dividend growth trail, while not the shiniest, still offers an interesting outlook. The utilities industry is a mitigate area. While some utilities can suffer downtrends on demand, water isn't working in the same way. Latest reported metrics are showing lots of potential, a result of a well-managed business. Keeping this constant demand in mind, I am quite interested to monitor WTR's next quarters.