American States Water Company (NYSE:AWR) Plans Quarterly Dividend of $0.55

American States Water Company (NYSE:AWR – Get Free Report) declared a quarterly dividend on Wednesday, July 29th. Shareholders 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) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend 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 payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 71 years. American States Water has a dividend payout ratio of 57.8% meaning its dividend is sufficiently covered by earnings. 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%.

Get American States Water alerts:

American States Water Stock Performance

AWR stock opened at $87.68 on Thursday. The firm has a 50 day moving average of $81.25 and a two-hundred day moving average of $77.27. American States Water has a 12 month low of $69.45 and a 12 month high of $90.11. The company has a market capitalization of $3.44 billion, a price-to-earnings ratio of 25.56, a P/E/G ratio of 3.43 and a beta of 0.59. The company has a quick ratio of 1.13, a current ratio of 1.22 and a debt-to-equity ratio of 0.86.

American States Water (NYSE:AWR – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $0.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.01). American States Water had a return on equity of 13.06% and a net margin of 19.66%.The business had revenue of $169.19 million during the quarter, compared to the consensus estimate of $157.02 million. During the same quarter in the prior year, the company posted $0.70 earnings per share. The company’s revenue for the quarter was up 14.3% on a year-over-year basis. As a group, equities analysts anticipate that American States Water will post 3.71 EPS for the current fiscal year.

American States Water Company Profile

(Get Free Report)

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.

See Also

• Five stocks we like better than American States Water
• UnitedHealth Just Gave Wall Street a Clearer Turnaround Signal
• Why SK hynix Could Be the Best AI Chip Stock to Buy Now
• Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
• Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?

Receive News & Ratings for American States Water Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American States Water and related companies with MarketBeat.com's FREE daily email newsletter.