AWR raises quarterly dividend 8.33% to $0.546 per share

American States Water Company (AWR) has announced a quarterly dividend increase of 8.33%, raising the payout to $0.5460 per share. The new dividend will be paid to shareholders of record as of the ex-dividend date, which is set for August 17, 2026. This marks the company's 24th consecutive year of dividend increases, underscoring its long-term commitment to returning value to shareholders.

The numbers

The previous quarterly dividend was $0.5040 per share, and the new payment represents a $0.042 increase. Recent payments have been $0.466 (May 2025), $0.504 (Aug 2025), $0.504 (Nov 2025), $0.504 (Feb 2026), and $0.504 (May 2026). At the current stock price of $87.87, the trailing twelve-month (TTM) dividend yield is 2.34%, based on TTM dividend per share of $2.0580. Over the past five years, the dividend has grown at a compound annual growth rate (CAGR) of 8.7%, reflecting a consistent upward trend.

What it means for income investors

For income investors, the new quarterly rate of $0.546 translates to an annualized dividend of $2.184 per share. On a 100-share position, that would amount to $218.40 per year in dividend income, up from $201.60 previously. This increase, combined with the company's 24-year streak of raises, may appeal to those seeking reliable and growing income streams. However, investors should consider their own financial goals and risk tolerance.

Reporting based on: DividendSmart market data. Figures verified against market data where available.