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ap

SouthWest Water doubles regular dividend

SouthWest Water doubles regular quarterly dividend to 5 cents from 2.5 cents

  • On 12:45 pm EDT, Friday October 23, 2009

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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