American States Water (AWR) Raises Quarterly Dividend 8.3% to $0.4655; 2.3% Yield

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Go back to American States Water (AWR) Raises Quarterly Dividend 8.3% to $0.4655; 2.3% Yield

American States Water Company Announces an 8.3% Increase in Quarterly Dividend

August 1, 2024 9:00 AM EDT

Quarterly dividend rate has grown at a CAGR of 8.8% over the last five years

SAN DIMAS, Calif.--(BUSINESS WIRE)-- On July 30, 2024, the Board of Directors of American States Water Company (NYSE: AWR) approved an increase in the companys third quarter cash dividend to $0.4655 per share from $0.4300 per share on the common shares of the company. The annualized dividend rate after this increase is $1.862 per share, which represents an 8.3% increase from the current annualized dividend rate of $1.72 per share. This action marks the 353rd consecutive... More