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American Water declares dividend

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    Voorhees-based American Water Works Co. Inc. announced Friday a quarterly dividend of 28 cents per common share, payable Dec. 2, to all shareholders of record. American Water offers a dividend reinvestment and direct stock purchase plan called American Water Stock Direct.

    According to the announcement, the plan enables stockholders to reinvest cash dividends and purchase additional American Water common shares without any brokerage commissions or service charges. American Water recently tendered $225 million in notes.

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