Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

American States Water Empowers Investors with Solid Returns and Fueling Shareholder Value

Author: Benzinga Insights | September 01, 2023 11:05am

On September 01, 2023, American States Water (NYSE:AWR) will distribute a dividend payout of $0.43 per share, equating to an annualized dividend yield of 1.95%. Shareholders who owned the stock before the ex-dividend date on August 14, 2023 will receive this payout.

American States Water Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-08-14 4 $0.43 1.95% 2023-08-01 2023-08-15 2023-09-01
2023-05-18 4 $0.4 1.75% 2023-05-08 2023-05-19 2023-06-01
2023-02-17 4 $0.4 1.68% 2023-02-09 2023-02-21 2023-03-01
2022-11-14 4 $0.4 1.76% 2022-11-01 2022-11-15 2022-12-01
2022-08-12 4 $0.4 1.89% 2022-07-28 2022-08-15 2022-09-01
2022-05-13 4 $0.36 1.82% 2022-04-28 2022-05-16 2022-06-01
2022-02-14 4 $0.36 1.58% 2022-02-01 2022-02-15 2022-03-01
2021-11-12 4 $0.36 1.62% 2021-10-28 2021-11-15 2021-12-01
2021-08-13 4 $0.36 1.67% 2021-07-29 2021-08-16 2021-09-01
2021-05-14 4 $0.34 1.7% 2021-04-30 2021-05-17 2021-06-02
2021-02-12 4 $0.34 1.69% 2021-02-02 2021-02-16 2021-03-02
2020-11-13 4 $0.34 1.72% 2020-10-27 2020-11-16 2020-12-01

When comparing American States Water's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Essential Utilities (NYSE:WTRG) having the highest annualized dividend yield at 3.33%.

Analyzing American States Water Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $1.16 in 2019 to $1.53 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.

YoY Earnings Growth For American States Water

earning chart graph

The earnings chart illustrates an increase in American States Water's earnings per share, from $2.05 in 2019 to $2.16 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.

Recap

This article delves into the recent dividend payout of American States Water and its implications for shareholders. Presently, the company is distributing a dividend of $0.43 per share, leading to an annualized dividend yield of 1.95%.

When comparing American States Water's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Essential Utilities having the highest annualized dividend yield at 3.33%.

The upward trend in dividend per share and earnings per share for American States Water from 2019 to 2022 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.

To stay well-informed about potential changes in financials or dividend disbursements, investors should closely observe the company's performance in the upcoming quarters.

\To read more news on American States Water click here

Click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: AWR WTRG

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist