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

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American States Water Company Announces 7.8% Increase in Quarterly Dividend

August 2, 2018 8:00 AM EDT

The Company Has Increased Its Dividend Every Year for 64 Years

SAN DIMAS, Calif.--(BUSINESS WIRE)-- On July 31, 2018, the Board of Directors of American States Water Company (NYSE: AWR) approved an increase in the companys third quarter cash dividend from $0.255 per share to $0.275 per share on the common shares of the company. The annualized dividend rate after this increase is $1.10 per share, which represents a 7.8% increase from the current annualized dividend rate of $1.02 per share. This action marks the 329th consecutive dividend payment by the company. Since... More