American Water Works (AWK) Raises Quarterly Dividend 10.7% to $0.415; 2.1% Yield

American Water Works (NYSE: AWK) declared a quarterly dividend of $0.415 per share, or $1.66 annualized. This is a 10.7% increase from the prior dividend of $0.375.

The dividend will be payable on June 1, 2017, to stockholders of record on May 5, 2017, with an ex-dividend date of May 3, 2017.

The annual yield on the dividend is 2.1 percent.

"American Water continues our commitment to pay dividends that are aligned with our financial performance, and to strike the right balance between increased dividend payouts to shareholders and continued proactive investment in our systems on behalf of our customers to ensure clean, safe, reliable and affordable water services,” said Susan Story, president and CEO of American Water.

For a dividend history and other dividend-related data on American Water Works (AWK) click here.

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