American States Water (AWR) Raises Quarterly Dividend 5.4% to $0.255; 2% Yield

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American States Water Company Announces 5.4% Increase In Quarterly Dividend

August 2, 2017 8:00 AM EDT

The Company Has Increased Its Dividend Every Year Since 1954

SAN DIMAS, Calif.--(BUSINESS WIRE)-- On August 1, 2017, the Board of Directors of American States Water Company (NYSE: AWR) approved an increase in AWRs third quarter cash dividend from $0.242 to $0.255 per share on the common shares of the company. The annualized dividend rate after this increase is $1.02 per share, which represents a 5.4% increase from the current annualized dividend rate of $0.968 per share. This action marks the 325th consecutive dividend payment by the company. For 63 consecutive years, American... More