American States Water

American States Water increased its dividend by 8.2%, extending its streak of annual dividend raises to 72 years and maintaining its place among Dividend Kings. The regulated utility serves about 1 million customers through Golden State Water and Bear Valley Electric Services and also operates services at military bases, generating stable cash flows. It plans $185–220 million in capital investments this year and is acquiring additional water systems to support demand and rate-base growth, contributing to an 8.7% CAGR in dividends over the past decade. » More on finance.yahoo.com

Shares of American States Water rose to a 52-week high of $90.21; market capitalization is $3.56 billion and the P/E ratio is 24.63. Over the past year the stock is up 19.59%, and year-to-date it is up 25.12%. In Q2/2026 the company beat consensus estimates with EPS of $1.09 (expectation $0.94) and revenue of $181.29 million (expectation $171.64 million), supported by new rates, higher construction activity and improved water-segment performance. AWR has raised its dividend for 33 consecutive years but is currently rated above fair value by InvestingPro. » More on de.investing.com

American States Water Company approved an 8.2% quarterly dividend increase to $0.5455, lifting the annualized payout to $2.182 and extending its consecutive dividend-raising record to 72 years. The company reports stable regulated water and electric operations, a growing contracted services segment, and first-quarter diluted EPS up 8.6% year over year. At a forward yield of about 2.49% and a forward P/E of 23.2, the payout ratio is roughly 58%, leaving room for reinvestment while management targets long-term dividend growth above 7% and plans multiyear capital spending to expand the rate base. » More on finance.yahoo.com