American States Water (AWR) Raises Quarterly Dividend 8.9% to $0.3975; 1.9% Yield

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Go back to American States Water (AWR) Raises Quarterly Dividend 8.9% to $0.3975; 1.9% Yield

American States Water Company Announces An 8.9% Increase In Quarterly Dividend

July 28, 2022 8:30 AM EDT

Quarterly dividend rate has grown at a CAGR of 9.3% over the last five years

SAN DIMAS, Calif.--(BUSINESS WIRE)-- On July 26, 2022, the Board of Directors of American States Water Company (NYSE: AWR) approved an increase in the companys third quarter cash dividend from $0.3650 per share to $0.3975 per share on the common shares of the company. The annualized dividend rate after this increase is $1.59 per share, which represents an 8.9% increase from the current annualized dividend rate of $1.46 per share. This action marks the... More