Maybe a portfolio rebalance is in order. The stock (WTR) is currently trading at $25.14; down 0.19 with a volume of 153,010 and a dividend of 0.15.
From the Triangle Business Journal dated May 3, 2005: "Aqua America Inc. said Tuesday that its subsidiaries have made three small acquisitions in North Carolina worth about $250,000. The acquisitions were made by Aqua's North Carolina subsidiaries, Cary-based Aqua North Carolina Inc. and Heater Utilities Inc."
And then bits and pieces started flowing (literally) from the spigot.
"The homes north of Interstate 540 are among Wake County's most expensive -- and, this summer, may be among the driest. Because of policies designed to discourage high-density construction near Falls Lake, these neighborhoods are not hooked up to Raleigh's water system. Instead, they get their water from wells."