California Water Service (CWT) Raises Quarterly Dividend 5.3% to $0.1975; 1.7% Yield

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California Water Service Group Board of Directors Declares 296th Consecutive Quarterly Dividend and 52nd Consecutive Annual Dividend Increase

January 30, 2019 4:30 PM EST

SAN JOSE, Calif., Jan. 30, 2019 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 296th consecutive quarterly dividend, increasing the annual dividend from $0.75 to $0.79. This represents the company's 52nd consecutive annual dividend increase. The quarterly dividend of $0.1975 per common share will be payable on February 22, 2019, to stockholders of record on February 11, 2019.

California Water Service Group is the parent company of California Water Service, Washington Water Service, New Mexico Water Service, Hawaii Water Service, CWS Utility Services, and HWS Utility Services. Together, these companies... More