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News

American States Water Company Increases Quarterly Dividend From $0.43 To $0.4655 Per Share

Author: Benzinga Newsdesk | August 01, 2024 09:14am
  • Quarterly dividend rate has grown at a CAGR of 8.8% over the last five years

On July 30, 2024, the Board of Directors of American States Water Company (NYSE:AWR) approved an increase in the company's 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.

Posted In: AWR

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