American Water Declares Quarterly Dividend

Rhea-AI Summary

American Water Works Company (NYSE: AWK) has announced a quarterly cash dividend of $0.6025 per share, payable on March 1, 2022, to shareholders on record by February 8, 2022. This dividend reflects an increase approved by the Board in April 2021. The company offers a dividend reinvestment program enabling shareholders to reinvest dividends without brokerage fees. With a history dating back to 1886, American Water serves approximately 15 million customers across 46 states, emphasizing safe and reliable water services.

Positive

• Quarterly cash dividend set at $0.6025, reflecting continued company confidence.
• Dividend reinvestment program allows shareholders to purchase additional shares without fees.

Negative

• None.

Cash dividend payable in the first quarter of 2022

CAMDEN, N.J.--(BUSINESS WIRE)-- American Water Works Company, Inc. (NYSE: AWK) announced today that its board of directors declared a quarterly cash dividend payment of $0.6025 per share of common stock, payable on March 1, 2022, to all shareholders of record as of February 8, 2022.

This quarterly dividend is a continuation of the increase in the annualized dividend approved by the Board and announced in April 2021.

American Water offers a dividend reinvestment and direct stock purchase plan called American Water Stock Direct, which enables shareholders to reinvest cash dividends and purchase additional shares of American Water common stock without any brokerage commissions or service charges. Shareholders and other persons may obtain a copy of the Plan prospectus and an enrollment form by contacting American Stock Transfer & Trust Company (“AST”) at 888-556-0423, visiting AST’s website at www.astfinancial.com, contacting American Water’s Investor Relations department at 856-566-4005 or by visiting the Investor Relations webpage located at ir.amwater.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities. The offer is being made solely through the Plan prospectus.

About American Water

With a history dating back to 1886, American Water (NYSE: AWK) is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs more than 7,000 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 46 states. American Water provides safe, clean, affordable and reliable water services to our customers to help keep their lives flowing. For more information, visit amwater.com and follow American Water on Twitter, Facebook and LinkedIn.

AWK-IR

View source version on businesswire.com: https://www.businesswire.com/news/home/20211209005728/en/

Investor Contact:

Aaron Musgrave

Senior Director, Investor Relations

(856) 955-4029

aaron.musgrave@amwater.com

Media Contact:

Maureen Duffy

Senior Vice President, Communications and External Affairs

(856) 955-4163

maureen.duffy@amwater.com

Source: American Water Works Company, Inc.

FAQ

What is the dividend amount for American Water Works in March 2022?

The dividend amount is $0.6025 per share.

When is the dividend for American Water Works payable?

The dividend is payable on March 1, 2022.

What is the record date for the dividend payment of AWK?

The record date for the dividend payment is February 8, 2022.

Has American Water Works increased its dividend recently?

Yes, the quarterly dividend reflects an increase approved by the Board in April 2021.

Does American Water Works offer a dividend reinvestment plan?

Yes, American Water offers a dividend reinvestment and direct stock purchase plan.