Enjoy Stability With This Predictable Dividend Growth Stock

“Market Bites,” a short Sunday email that highlights unique stocks and investing ideas in 150 words or less.

Today’s topic, The York Water Company ($YORW).

Once called “the Greatest Dividend Stock of All Time,” York Water is the oldest dividend stock in the United States. This is a regional water utility that serves over 212,000 customers across 57 municipalities.

York Water has paid uninterrupted dividends for 209 years and has raised its payout for 28 straight years.

This company offers a 2.69% starting yield backed by a 5-year compound annual dividend growth rate of 4.00%. York Water isn’t exciting, but it's not meant to be.

At the time of writing, Bitcoin is down -2.94% year-to-date. Meanwhile York Water is up over 3%, including dividends. If you earn your money in a high-risk field like trading or ecommerce, this is the kind of asset that preserves capital while providing dependable, generational income.

Disclaimer: This article is for entertainment purposes only. It is not financial advice, always do your own research.