WEST COVINA, Calif., May 14, 2002 -- Stockholders of Southwest Water Co. elected two board members for three-year terms at the company's Annual Stockholders Meeting, held yesterday in Los Angeles. Elected to the Board were James C. Castle, Ph.D. and Maureen A. Kindel.
At a Board meeting that followed the Annual Meeting, the company's directors declared quarterly cash dividends of $.056 per share of common stock and $.65625 per share of Series A preferred stock. The dividends are payable on July 19, 2002, to stockholders of record on June 28, 2002.
In his remarks to those in attendance at the Annual Meeting, Chairman, CEO and President Anton C. Garnier reviewed the company's 2001 financial performance and operational highlights.
Southwest Water Company provides a broad range of services, including water production and distribution, wastewater collection and treatment, public works services and utility submetering. The company owns regulated public utilities and also serves cities, utility districts and private companies under contract. More than 1.5 million people in 29 states from coast to coast depend on Southwest Water for high-quality, reliable service.
