American States Water Declares Quarterly Dividend of $0.504
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 19 2026
0mins
Should l Buy AWR?
Source: seekingalpha
- Dividend Declaration: American States Water has declared a quarterly dividend of $0.504 per share, maintaining consistency with previous dividends, which demonstrates the company's commitment to shareholder returns.
- Yield Information: The forward yield of this dividend stands at 2.75%, providing investors with a relatively stable return and reflecting the company's attractiveness in the current market environment.
- Payment Schedule: The dividend will be payable on March 5, with a record date of February 23 and an ex-dividend date also set for February 23, ensuring shareholders receive their earnings promptly.
- Signal of Stability: The company has now announced the same dividend for three consecutive quarters, indicating its financial health and stable cash flow, which enhances market confidence in its long-term investment value.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy AWR?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on AWR
About AWR
American States Water Company is a holding company. Its segments include water, electric and contracted services. Within the segments, the Company has three principal business units: water and electric service utility operations conducted through its regulated utilities, Golden State Water Company (GSWC) and Bear Valley Electric Service, Inc. (BVES), respectively, and contracted services conducted through American States Utility Services, Inc. (ASUS) and its subsidiaries. GSWC is a public water utility engaged in the purchase, production, distribution and sale of water in 11 counties in the state of California and provides wastewater collection and treatment services. BVES is a public electric utility that distributes electricity in several San Bernardino County Mountain communities in California. ASUS operates, maintains and performs construction activities (including renewal and replacement capital work) on water and/or wastewater systems at various United States military bases.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Stable Quarterly Dividend: American States Water has declared a quarterly dividend of $0.504 per share, consistent with previous quarters, indicating the company's stable profitability and likely attracting income-focused investors.
- Dividend Payment Timeline: The dividend will be payable on June 2, with a record date of May 18 and an ex-dividend date also on May 18, ensuring shareholders receive timely returns and bolstering investor confidence.
- Capital Expenditure Growth: The company projects utility capital expenditures of $185 million to $225 million in 2026, reflecting a proactive stance on infrastructure investment that supports future growth and service expansion.
- Robust Growth Expectations: With an anticipated rate base CAGR of 11.3%, the company demonstrates its ability to maintain strong financial performance amid market challenges, further solidifying its position in the industry.
See More
- American States Water's Strong Performance: American States Water has increased its dividend for 71 consecutive years while serving over 1 million customers, boasting a market cap of $3.1 billion; despite a modest 2.5% yield, its goal of 7% annual growth positions it for steady returns in the coming years.
- Constellation Energy Group's AI Catalyst: Constellation Energy Group, owning the largest fleet of nuclear facilities in the U.S., benefits from the rising electricity demand driven by AI data centers, with forecasts suggesting annualized earnings growth of around 20%, indicating strong long-term growth potential despite a current P/E ratio of 26.
- NextEra Energy's Green Transition: NextEra Energy is building renewable power plants across the U.S. through its NextEra Energy Resources unit, with anticipated annualized earnings growth of about 8% through 2035, supporting its stock price at a mid-20s forward P/E multiple and continued dividend growth.
- Transformation in Utility Sector: The rise of AI technology is shifting utility companies from traditional steady income to growth-oriented investments, capturing the attention of younger investors and potentially altering portfolio compositions in the future.
See More
- Market Volatility Analysis: The S&P 500 index experienced a sharp decline in March and April due to the onset of the Iran war but has since recovered by 4.1% as of April 17, indicating market resilience, although higher energy prices may dampen consumer spending and overall economic performance.
- Colgate-Palmolive's Strong Performance: Colgate-Palmolive has achieved a 9.3% return this year, with projected sales growth of 1.4% for 2025, and generated $3.6 billion in free cash flow, ensuring the stability of its 2.55% dividend yield, showcasing its resilience amid economic uncertainty.
- American States Water's Stable Growth: American States Water's adjusted diluted earnings per share grew by 10.9% in 2025 to $3.37, with a payout ratio of 57%, indicating the company's ability to sustain dividend payments, appealing to investors seeking stable income.
- Dividend King Status: Both Colgate-Palmolive and American States Water are classified as
See More
- Market Volatility Impact: The U.S. stock market experienced significant volatility following the onset of the Iran war, with the S&P 500 index recovering 4.1% by April 17, yet higher energy prices may suppress consumer spending, potentially affecting overall market performance.
- High Dividend Yields: Colgate-Palmolive and American States Water achieved year-to-date returns of 9.3% and 5.5%, respectively, demonstrating the stability and appeal of these high-dividend stocks amid market turmoil.
- Colgate-Palmolive's Growth: The company anticipates a 1.4% sales increase for 2025 and generated $3.6 billion in free cash flow over the past year, ensuring the security of its dividends, with a recent 1.9% increase in quarterly payouts announced for May.
- American States Water's Stability: This utility company reported a 10.9% growth in adjusted diluted earnings per share to $3.37 for 2025, has paid dividends since 1931, and recently raised its dividend by 8.3% to $0.504 per share, reflecting strong financial health and commitment to shareholder returns.
See More
- Inflation Pressure: The consumer price index (CPI) rose 0.9% in March, bringing the annual inflation rate to 3.3%, the highest in nearly a year, posing significant challenges for the Federal Reserve's monetary policy, potentially leading to interest rate hikes.
- Defensive Stock Recommendations: In the high-inflation environment, we recommend buying four low-beta defensive stocks: Atmos Energy, American States Water, Keurig Dr Pepper, and Entergy, all of which have seen upward revisions in earnings estimates over the past 60 days, indicating solid growth potential.
- Atmos Energy Performance: Atmos Energy has an expected earnings growth rate of 10.5% for the current year, with a 1.2% upward revision in earnings estimates over the last 60 days, serving 3.3 million customers across over 1,400 communities, showcasing a strong market position.
- Keurig Dr Pepper Growth Potential: Keurig Dr Pepper has an expected earnings growth rate of 11.2% for the current year, with a 5.6% upward revision in earnings estimates over the last 60 days, and its diverse brand portfolio holds a significant share in the North American market, demonstrating robust competitive strength.
See More
- American States Water Overview: American States Water has raised its dividend for 72 consecutive years, currently offering a 2.7% yield and a market cap of $2.9 billion, demonstrating its stability and income potential in uncertain markets.
- Earnings Growth Drivers: EPS is projected to grow from $1.60 to $3.37 between 2015 and 2025, primarily driven by investments in water infrastructure and approved rate increases, ensuring ample room for future dividend growth.
- Coca-Cola's Market Position: Coca-Cola has increased its dividend for 64 years, with a current yield of 2.7% and a market cap of $329 billion, and as the world's largest beverage maker, it generates stable profits from high-margin concentrates and syrups.
- Diversification Strategy: To combat declining soda consumption, Coca-Cola has diversified its portfolio with bottled water, teas, juices, and energy drinks, enhancing its competitive edge and is expected to continue attracting younger consumers.
See More











