Connecticut Water Service Increases Dividend by 2.2% to 23.75 Cents

Connecticut Water Service, Inc. CTWS announced that the Company's Board of Directors has approved an annualized dividend increase of two cents per common share, or 2.2%, above the current cash dividend. The quarterly cash dividend on common shares was increased to $0.2375 per quarter from $0.2325. The increased dividend will be effective with the dividend declared by the Board on common shares payable on September 15, 2011, for shareholders of record as of September 1, 2011. The Company's annual dividend yield is currently about 3.5%.