American States Water Company

American States Water Company Announces Third Quarter 2026 Results

American States Water reported Q3 2026 GAAP diluted EPS of $1.06, flat versus Q3 2025, with adjusted EPS up $0.05 to $1.06 after excluding retirement-plan investment swings. YTD reported diluted EPS rose 11.0% to $2.92 (12.6% adjusted to $2.86), driven primarily by CPUC-approved rate increases at the water and electric utilities and growth in contracted services. Operating revenues rose to $192.5 million from $182.7 million. AWR completed its $200 million ATM equity program in June 2026 and plans no further equity issuance through at least end of 2029, though ATM dilution cut YTD EPS by roughly $0.07. The board raised the quarterly dividend 8.2% to $0.5455 per share — AWR's 72nd consecutive year of dividend increases.

•4d ago

American States Water Company Announces Regular Common Dividends

American States Water's board approved a quarterly dividend of $0.5455 per share, its 362nd consecutive payment, payable December 2, 2026 to shareholders of record November 16. AWR has paid dividends every year since 1931 and has increased them for 72 consecutive calendar years, with a 5-year dividend CAGR of 8.4% and a 10-year CAGR of 8.7%. The declaration is in line with the company's stated policy of long-term dividend growth above 7% annually -- routine income news for utility shareholders.

•11d ago

American States Water Company Announces Second Quarter 2026 Results

AWR reported second quarter 2026 diluted EPS of $1.09, a 25.3% increase from the prior year, driven by new CPUC-approved rate increases and higher construction activity. The Board of Directors approved an 8.2% increase in the quarterly dividend to $0.5455 per share, marking the 72nd consecutive year of dividend increases. Management reaffirmed full year 2026 guidance, expecting contracted services to contribute $0.63 to $0.67 per share and capital investments to total between $185 and $220 million.

•3mo ago

American States Water Company Announces an 8.2% Increase in Quarterly Dividend

American States Water increased its quarterly dividend to $0.5455 per share, an 8.2% rise from the prior $0.5040, marking the 72nd consecutive year of dividend increases. The company’s 5-year dividend CAGR stands at 8.4%, with management targeting a long-term growth rate of more than 7%. The new annualized dividend rate of $2.182 is payable on September 2, 2026, to shareholders of record at the close of business on August 17, 2026.

•3mo ago

American States Water Company Announces a Settlement Agreement Reached at its Regulated Water Utility Subsidiary to Acquire a New Water System

American States Water Company's subsidiary Golden State Water Company filed a joint settlement agreement to acquire a water system from the city of Norwalk for $5.25 million. The acquisition includes nearly 900 customer connections and, subject to CPUC approval expected in Q4 2026, will be integrated into an existing ratemaking area. Management characterized the agreement as a milestone in expanding the company's regulated water utility footprint in California.

•3mo ago

American States Water Company Named on TIME’s America’s Best Companies 2026 List

American States Water was named to TIME’s America’s Best Companies 2026 list, ranking highly based on financial performance, employee satisfaction, and sustainability transparency. CEO Robert J. Sprowls noted the recognition reflects disciplined execution of growth plans and robust ESG practices. The company continues its dividend streak with 71 consecutive years of increases, achieving a 5-year dividend CAGR of 8.5%.

•4mo ago

American States Water Company Announces the Successful Completion of Its $200 million ATM Equity Offering Program

American States Water Company completed its $200 million at-the-market equity offering program, having raised the full gross proceeds through June 12, 2026. The company confirmed that no further shares will be sold under this program and currently has no plans to issue additional equity through the end of 2029. Net proceeds were utilized to pay down borrowings under its credit facility and make equity contributions to its regulated subsidiaries for operations and capital expenditures.

•4mo ago

American States Water Company Announces First Quarter 2026 Results

American States Water reported Q1 diluted EPS of $0.76, an 8.6% increase year-over-year, driven by CPUC-authorized rate increases and higher construction activity across all segments. Total operating revenues rose to $169.2 million, with the water, electric, and contracted services segments all posting earnings growth. The Board declared a Q2 dividend of $0.5040 per share, marking the 71st consecutive year of dividend increases, and maintained its 2026 capital investment target of $185 to $225 million.

•6mo ago

American States Water Company Announces Regular Common Dividends

The Board of American States Water Company approved a quarterly dividend of $0.5040 per share, marking the 360th consecutive payment by the utility. This action extends the company's record of increasing dividends for 71 consecutive years, maintaining its elite status as a Dividend King on the NYSE. Management targets long-term dividend growth of over 7% CAGR, supported by recent five-year and ten-year growth rates of 8.5% and 8.3%, respectively.

•6mo ago