American States Water Announces $0.50 Quarterly Dividend

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American States Water Company (NYSE:AWR), a publicly traded utility holding company, announced a quarterly dividend of $0.504 per share. The dividend will be paid on March 5th to shareholders of record as of February 23rd. This represents an annualized dividend of $2.01 and a yield of 2.8%. The company has raised its dividend for 71 consecutive years.

Why it matters

The consistent dividend increases demonstrate American States Water's financial stability and commitment to shareholder returns. As a regulated utility, the company's dividend payouts are an important indicator of its operational performance and ability to generate reliable cash flows.

The details

American States Water provides water and electric utility services to over 250,000 customers across 35 communities in California. The company has a dividend payout ratio of 57.8%, indicating its dividend is well-covered by earnings. Analysts expect American States Water to earn $3.53 per share next year, which would result in a payout ratio of 56.9% - further supporting the sustainability of the dividend.

• The quarterly dividend of $0.504 per share will be paid on March 5, 2026.
• The ex-dividend date is February 23, 2026.