American States Water increases quarterly dividend 8.3% to 50.4c per share
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 31 2025
0mins
Dividend Increase: American States Water's board of directors approved an increase in the third quarter cash dividend to 50.4 cents per share, up from 46.55 cents per share.
Common Shares Impact: The dividend increase applies to the common shares of the company.
Get Free Real-Time Notifications for Any Stock
Monitor tickers like AWR with instant alerts to capture every critical market movement.
Sign up for free to build your custom watchlist and receive professional-grade stock notifications.
Analyst Views on AWR
About AWR
American States Water Company is a holding company. The Company’s 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 10 counties in the state of California. 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.
Three Top Dividend Stocks on Wall Street
- Dividend Growth Leader: Realty Income has declared dividends for 667 consecutive months since its 1994 IPO and has increased its payout for 113 consecutive quarters, showcasing its robust cash flow and stable business model, which enhances investor confidence.
- Long-Term Stable Returns: American States Water has raised its annual dividend for 71 consecutive years, targeting a compound annual growth rate of over 7% for future dividends, with its monopoly position in the water and electricity sector ensuring stable demand and predictable earnings.
- Historic Dividend Payer: York Water has paid dividends for 209 consecutive years, making it one of the longest-standing dividend-paying companies in the U.S., with its stable cash flow and undervaluation attracting long-term investors' interest.
- Market Potential: York Water plans to apply for a significant rate increase from the Pennsylvania Public Utility Commission, which could boost its full-year revenue by 32%, further solidifying its market position in the water utility sector.
Continue Reading
Automatic Data Processing Expects $21.8 Billion Revenue, Continues 51-Year Dividend Growth
- Stable Revenue Source: Automatic Data Processing anticipates a revenue of $21.8 billion for the fiscal year, reflecting a 5.8% increase, which underscores its strong market position in payroll processing and tax reporting, enabling consistent dividends for shareholders.
- Dividend Growth Strength: The company has raised its per-share dividend for 51 consecutive years, with a forward-looking dividend yield of 2.6%, indicating its stable profitability and enhancing investor confidence in its long-term investment value.
- Walmart's Market Dominance: Walmart's stock price has surged 156% over the past three years, and while its current dividend yield is only 0.8%, its significant influence in the U.S. retail market and ongoing stock buyback programs create additional value for shareholders.
- Growth Potential in Water Sector: American States Water has increased its dividend for 70 consecutive years, with an average annual growth of over 8% in the past decade, and with rising water scarcity and electricity demand, its market performance is expected to continue outperforming the broader market.
Continue Reading