AWR dividend yield – American States Water Company Declares Quarterly Dividend of $0.3975 per Share, Yielding 1.72%

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AWR dividend yield – American States Water ($NYSE:AWR) Company (AWR) has declared a quarterly dividend of $0.3975 per share, which is consistent with previous payments. The dividend is payable on March 1 to shareholders on record as of February 21, with the stock going ex-dividend on February 20. The forward yield of the dividend is 1.72%. Further information can be found on Seeking Alpha’s AWR Dividend Scorecard, Yield Chart, and Dividend Growth. It is the largest investor-owned water utility in the United States and is listed on the New York Stock Exchange (NYSE). American States Water Company offers a full range of services, including water production and distribution, wastewater collection and treatment, engineering services, water systems operations and maintenance, energy efficiency solutions, and fire protection services.

The company also serves military installations and provides renewable energy to its customers. The company’s portfolio includes several subsidiaries and affiliates, including Golden State Water Company, American States Utility Services, and American States Supply Company. The forward yield of the dividend is 1.72%, according to Seeking Alpha’s AWR Dividend Scorecard, Yield Chart, and Dividend Growth. American States Water Company has a long history of providing reliable water and wastewater services to its customers. With the most recent dividend payment, the company continues to reward its shareholders with steady dividend payments. Further information about the dividend and the company can be found on Seeking Alpha’s AWR Dividend Scorecard, Yield Chart, and Dividend Growth.

Dividends – AWR dividend yield

This marks the three-year consecutive annual dividend per share issued by ASW, ranging from $1.49 to $1.28 USD in the last three years. This indicates a positive outlook for the company and its shareholders, as well as a potential for long-term growth opportunities. The payment of the quarterly dividend is an indication of ASW’s dedication to providing returns to its shareholders, and also that the company is financially healthy and stable. It is important to note that the dividend payments are not intended to replace other payments such as capital gains or retained earnings, but rather to supplement them. The dividend payment is seen as a sign of confidence in the company’s financial health and future prospects, and it is expected that ASW will continue to issue dividends on a regular basis in the future.

This can bring peace of mind to shareholders and provide them with a steady income stream. Overall, American States Water Company’s recent declaration of a quarterly dividend per share of $0.3975 is great news for shareholders and prospective investors alike, as it signals the company’s commitment to providing returns to its shareholders. The yield from this dividend is expected to remain strong over the next few years, making it an attractive investment option for those looking for reliable returns and steady income.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for AWR. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for AWR. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for AWR. More…

Key Ratios Snapshot

Some of the financial key ratios for AWR are shown below. More…

Stock Price

AWR stock opened at $94.7 and closed at $92.5 on Thursday, down by 2.0% from its last closing price of 94.4. American States Water Company is a publicly listed company in the United States and is engaged in the regulated and non-regulated water, energy and electric services markets. Investors should take notice that the company may have other significant risks to consider before investing, such as its earnings outlook or the performance of the overall market sector that it is involved in. As such, potential investors should do their own extensive research before making any investment decision. Live Quote…

Analysis

GoodWhale has conducted a comprehensive assessment of AMERICAN STATES WATER’s fundamentals, analyzing various aspects of their financial and business performance. The overall Risk Rating for the company is low, suggesting that it is a relatively safe investment. Recent analysis has revealed three risk warnings, however; these are shown in the income sheet, balance sheet and cashflow statement. GoodWhale’s report on AMERICAN STATES WATER is thorough and complete, examining various metrics including financial ratios, cash flow, debt-equity ratio and working capital. Assets, liabilities and equity are explored in detail to ensure a complete picture of the financial situation. Analysis of sales revenue and expenses are also included in the report. The report also provides an overview of the company’s business operations. GoodWhale has looked into management and ownership structure, as well as their competitive position in the market. A comprehensive overview of the company’s products and services, customer base and market segments is also included in the report. Finally, GoodWhale has provided detailed insights into AMERICAN STATES WATER’s risks and opportunities. This involves an extensive review of areas such as macroeconomic factors, regulatory environment, industry trends, etc. Using this data combined with financial analysis, GoodWhale has been able to provide an in-depth evaluation of the company’s future prospects. More…

Peers

The Company operates through two segments: Water and Electric. American States Water Company provides water and wastewater services to residential, commercial, industrial, and governmental customers in the states of California and Arizona. The Company is the largest shareholder-owned water utility in California. American States Water Company’s subsidiaries include Golden State Water Company and Arizona Water Company. SJW Group is a publicly traded water and wastewater utility company headquartered in San Jose, California. The Company operates through three segments: Water Utility Services, Real Estate Services, and Corporate and Other. SJW Group provides water and wastewater services to residential, commercial, industrial, and governmental customers in the states of California, Texas, Connecticut, and Massachusetts. American Water Works Co Inc is a publicly traded water and wastewater utility company headquartered in Voorhees, New Jersey. The Company operates through three segments: Regulated Businesses, Market-Based Operations, and Homeowner Services. American Water Works Company Inc provides water and wastewater services to residential, commercial, industrial, and governmental customers in the states of Illinois, New Jersey, Pennsylvania, Virginia, West Virginia, Kentucky, Ohio, Michigan, Indiana, North Carolina, South Carolina, Maryland, Delaware, Florida, Louisiana, Georgia, Colorado, Nevada, New Mexico, Oklahoma, Texas, and Wyoming. Global Water Resources Inc is a publicly traded water and wastewater utility company headquartered in Scottsdale, Arizona. The Company operates through two segments: Regulated Operations and Non-Regulated Operations. Global Water Resources Inc provides water and wastewater services to residential, commercial, industrial, and governmental customers in the state of Arizona.

– SJW Group ($NYSE:SJW)

SJW Group is a publicly traded water and wastewater utility company headquartered in San Jose, California. It is the holding company for San Jose Water Company, SJWTX, Inc., and SJW Land Company. As of 2019, SJW Group served more than one million people in San Jose, California; Austin, Texas; and Connecticut.

The company has a market cap of 1.88B as of 2022 and a Return on Equity of 7.1%. SJW Group’s market cap is the fourth highest of all water and wastewater utilities in the United States. The company’s ROE is above the average for all water and wastewater utilities in the United States.

– American Water Works Co Inc ($NYSE:AWK)

The American Water Works Company, Inc. is the largest publicly traded U.S. water and wastewater utility company. It provides water and wastewater services to an estimated 15 million people in 47 states and Ontario, Canada. The company operates through six segments: Regulated Businesses, Market-Based Businesses, Homeowner Services, Contracted Services, Other, and Corporate & Other. The company was founded in 1886 and is headquartered in Voorhees, New Jersey.

– Global Water Resources Inc ($NASDAQ:GWRS)

As of 2022, Global Water Resources Inc has a market cap of 277.81M and a ROE of 30.2%. The company is involved in the development, ownership, and operation of water and wastewater utilities in the United States.

Summary

American States Water Company (AWR) recently declared a quarterly dividend of $0.3975 per share, equating to a dividend yield of 1.72%. This dividend payment makes AWR an attractive option for investors seeking income, as the dividend yield is higher than other stocks in the same sector. Given these strong fundamentals, investors looking for a reliable dividend yield and solid stock performance should consider investing in American States Water Company.