American States Water Company Announces Regular Common Dividends
January 29 2020 - 8:13PM
Business Wire
On January 28, 2020, the Board of Directors of American States
Water Company (NYSE:AWR) approved a quarterly dividend of $0.305
per share on the Common Shares of the company. This action marks
the 335th consecutive dividend payment by the company. For 65
consecutive years, American States Water Company shareholders have
received an increase in their calendar year dividend, which places
it in an exclusive group of companies on the New York Stock
Exchange that have achieved that result. The company’s current
policy is to achieve a five-year compound annual growth rate in the
dividend of more than 7% over the long-term.
Dividends on the Common Shares will be payable on March 2, 2020
to shareholders of record at the close of business on February 14,
2020.
About American States Water Company
American States Water Company is the parent of Golden State
Water Company and American States Utility Services, Inc., serving
over one million people in nine states. Through its utility
subsidiary, Golden State Water Company, the company provides water
service to approximately 261,000 customer connections located
within more than 80 communities in Northern, Coastal and Southern
California. The company also distributes electricity to
approximately 24,000 customer connections in the City of Big Bear
Lake and surrounding areas in San Bernardino County, California.
Through its contracted services subsidiary, American States Utility
Services, Inc., the company provides operations, maintenance and
construction management services for water distribution and
wastewater collection and treatment facilities located on military
bases throughout the country under 50-year privatization contracts
with the U.S. government.
American States Water Company has paid dividends to shareholders
every year since 1931, increasing the dividends received by
shareholders each calendar year since 1954.
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American States Water Company Eva G. Tang Senior Vice President
- Finance, Chief Financial Officer, Treasurer and Corporate
Secretary (909) 394-3600, extension 707
American States Water (NYSE:AWR)
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