American States Water Company Announces Regular Common Dividends

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Feb 09, 2023

On February 7, 2023, the Board of Directors of American States Water Company (NYSE:AWR, Financial) approved a quarterly dividend of $0.3975 per share on the Common Shares of the company. This action marks the 347th consecutive dividend payment by the company. For 68 consecutive years, American States Water Company shareholders have received an increase in their calendar year dividend, which places it in an exclusive group of companies on the New York Stock Exchange that have achieved that result. The company has achieved a 9.2% compound annual growth rate in its calendar year dividend payments from 2012 – 2022. The company’s current policy is to achieve a compound annual growth rate in the dividend of more than 7% over the long-term.