American States Water Company (AWR) To Go Ex-Dividend on August 17th

American States Water Company (NYSE:AWR) announced a quarterly dividend on Tuesday, July 28th. Investors of record on Monday, August 17th will be paid a dividend of 0.5455 per share by the utilities provider on Wednesday, September 2nd. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Monday, August 17th. This is a 8.2% increase from American States Water’s previous quarterly dividend of $0.50.

American States Water has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 71 years. American States Water has a payout ratio of 57.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect American States Water to earn $3.82 per share next year, which means the company should continue to be able to cover its $2.01 annual dividend with an expected future payout ratio of 52.6%.

American States Water Stock Performance

Shares of American States Water stock traded down $1.79 on Thursday, hitting $86.07. The stock had a trading volume of 90,089 shares, compared to its average volume of 309,195. American States Water has a twelve month low of $69.45 and a twelve month high of $90.11. The business’s 50 day moving average is $81.25 and its two-hundred day moving average is $77.27. The company has a quick ratio of 1.13, a current ratio of 1.22 and a debt-to-equity ratio of 0.86. The stock has a market cap of $3.37 billion, a price-to-earnings ratio of 25.10, a price-to-earnings-growth ratio of 3.43 and a beta of 0.59.

American States Water (NYSE:AWR) last released its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.01). The firm had revenue of $169.19 million for the quarter, compared to analyst estimates of $157.02 million. American States Water had a return on equity of 13.06% and a net margin of 19.66%.The business’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.70 earnings per share. Analysts forecast that American States Water will post 3.71 EPS for the current year.

About American States Water

American States Water Company (NYSE: AWR), founded in 1929 and headquartered in San Dimas, California, is a publicly traded utility holding company. The company operates primarily through two regulated segments—water and electric utilities—and provides non-regulated water system services. Over its history, American States Water has expanded its footprint through strategic acquisitions and organic growth, positioning itself as a reliable provider of essential services in its core territories.

Within its regulated water utility segment, American States Water serves more than 250,000 residential, commercial and industrial customers across 35 communities in six counties of California.