American Water Works (AWK) Raises Quarterly Dividend 9.9% to $0.50; 2% Yield

American Water Works (NYSE: AWK) declared a quarterly dividend of $0.50 per share, or $2 annualized. This is a 9.9% increase from the prior dividend of $0.455.

The dividend will be payable on June 4, 2019, to stockholders of record on May 17, 2019, with an ex-dividend date of May 16, 2019.

The annual yield on the dividend is 2 percent.

“American Water is a company that prepares for the future and is committed to being purpose driven, people powered, customer obsessed and the trusted source of everything water,” said Susan Story, president and CEO of American Water. “We continue to pay dividends to our shareholders that are aligned with our financial performance, while at the same time continue needed investment in our systems to ensure clean, safe, reliable and affordable water services for our customers and communities,” 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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