American Water Works Company (AWK) Raises Quarterly Dividend 4.5% to $0.23; 3.2% Yield

American Water Works Company (NYSE: AWK) declared a quarterly dividend of $0.23 per share, or $0.92 annualized. This is a 4.5% increase from the prior dividend of $0.22.

The dividend will be payable on September 1, 2011, to stockholders of record on August 12, 2011, with an ex-dividend date of August 10, 2011.

The annual yield on the dividend is 3.2 percent.

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