On September 01, 2023, American States Water 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 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
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
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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