American Water Works (AWK) Declares $0.34 Quarterly Dividend; 2.7% Yield

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American Water Declares Quarterly Dividend

July 24, 2015 12:30 PM EDT

Cash dividend payable in the third quarter 2015

VOORHEES, N.J.--(BUSINESS WIRE)-- American Water Works Company, Inc. (NYSE: AWK) announced today that its Board of Directors declared a quarterly cash dividend payment of $0.34 per share of common stock, payable on Sept. 1, 2015 to all shareholders of record as of Aug. 10, 2015.

American Water offers a dividend reinvestment and direct stock purchase plan... More

California American Water to Purchase the Operating Assets of Meadowbrook Water Company of Merced

July 22, 2015 5:52 PM EDT

CORONADO, Calif.--(BUSINESS WIRE)-- California American Water has signed a contract to acquire the Meadowbrook Water Company and assume domestic water services within Meadowbrooks service area.

Meadowbrook, based in Merced County, is an investor-owned utility regulated by the California Public Utilities Commission. The purchase of the systems will add approximately 1,650 water service connections to California American Water's customer base in Californias Central Valley.

California American Water currently supplies water service to nearly 600,000 Californians about 1/3 of which are in the Central Valley. Meadowbrook customers will be served by... More