Aqua America is on the Price Upside

Aqua America (WTR), the largest publicly-traded water utility in the United States, is on a multi-year price upside. WTR is growing its earnings through many acquisitions.

WTR pays a $0.52 annual dividend with a 2.03% yield as of April 8, 2005. The payout ratio (annual dividend/annual earnings) is a safe 61.2% ($0.52/$0.85).

As of April 8, 2005 the stock price is trading well above its trendline (green line on price chart). So in the short term the price could correct but WTR is a strong candidate for a long-term dividend reinvestment portfolio.

WTR is included in the buyupside.com high performers portfolio and the buyupside.com core stock portfolio, which contains dividend-paying stocks and two exchange traded funds (ETFs).