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York Water Co. declared a 3 percent increase on its quarterly dividend at its final board meeting of the year, according to a company news release.

The dividend, just more than 16 cents per share, will be payable to shareholders Jan. 17, 2017.

This is the 20th consecutive year the company has increased its dividend and the company's 584th consecutive dividend paid, believed to be the longest such streak in America.

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