American States Water (AWR) Raises Quarterly Dividend 7.8% to $0.275; 1.9% Yield

American States Water (NYSE: AWR) declared a quarterly dividend of $0.275 per share, or $1.1 annualized. This is a 7.8% increase from the prior dividend of $0.255. The dividend will be payable on August 31, 2018, to stockholders of record on August 15, 2018, with an ex-dividend date of August 14, 2018. The annual yield on the dividend is 1.9 percent.

"This increase in our quarterly dividend and our long-term dividend growth policy both reflect our Board’s continued confidence in the sustainability and growth of the company’s earnings at our Golden State Water Company and American States Utility Services, Inc. subsidiaries," said Robert J. Sprowls, President and CEO of American States Water Company. "A strong and increasing dividend allows the company to continue attracting capital to make necessary investments in the systems for the communities and military bases that we serve."

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

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