Thursday December
14, 2006
Southwest Water Company
Increases Cash Dividend on Common Stock by 10%
Source: Southwest Water Company
The board declared a quarterly cash dividend of $0.0576 per share on the company's common stock and a quarterly cash dividend of $0.65625 per share on the company's Series A preferred stock. Both dividends will be paid January 19, 2007, to stockholders of record on December 29, 2006.
Mark Swatek, Southwest Water chairman and chief executive officer, said, "Our board has consistently rewarded our shareholders through annual cash dividend increases. Today's action reflects the continuing confidence our board has in the company's long-term business outlook."
Southwest Water Company provides
a broad range of operations, maintenance and management services,
including water production, treatment and distribution; wastewater
collection and treatment; customer service; and utility infrastructure
construction management. The company owns regulated public utilities and
also serves cities, utility districts and private companies under
contract. Approximately two million people from coast to coast depend on
Southwest Water for high-quality, reliable service. Additional information
may be found on
the company's Web site: www.swwc.com
Contact:
Southwest Water Company
DeLise Keim, Dir. Corp. Communications 213-929-1800
www.swwc.com
PondelWilkinson Inc.
Robert Jaffe 310-279-5980
www.pondel.com