American States Water (AWR) Raises Quarterly Dividend 9.8% to $0.335; 1.7% Yield

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American States Water Company Announces 9.8% Increase in Quarterly Dividend

July 30, 2020 9:00 AM EDT

Targeting a Compound Annual Growth Rate in the Dividend of More Than 7% Over the Long-Term

SAN DIMAS, Calif.--(BUSINESS WIRE)-- On July 28, 2020, the Board of Directors of American States Water Company (NYSE: AWR) approved an increase in the companys third quarter cash dividend from $0.305 per share to $0.335 per share on the common shares of the company. The annualized dividend rate after this increase is $1.34 per share, which represents nearly a 10% increase from the current annualized dividend rate of $1.22 per share. This action... More