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American Water Declares Quarterly Dividend

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Rhea-AI Summary

American Water Works Company (NYSE: AWK) has declared a quarterly cash dividend of $0.6025 per share, payable on September 1, 2021, to shareholders of record as of August 10, 2021. This dividend continues the increase in the annualized dividend approved by the Board in April 2021. The company also offers a dividend reinvestment and direct stock purchase plan, enabling shareholders to reinvest dividends without brokerage fees. For more details, investors can contact American Stock Transfer & Trust Company or visit their Investor Relations webpage.

Positive
  • Quarterly dividend increased to $0.6025 per share, signaling confidence in financial stability.
  • Continued growth in annualized dividends indicates strong cash flow management.
Negative
  • None.

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 September 1, 2021, to all shareholders of record as of August 10, 2021.

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 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 more than 15 million people in 46 states. American Water provides safe, clean, affordable and reliable water services to our customers to make sure we keep their lives flowing. For more information, visit amwater.com and follow American Water on Twitter, Facebook and LinkedIn.

AWK-IR

FAQ

What is the dividend amount for American Water Works in 2021?

American Water Works declared a dividend of $0.6025 per share.

When is the dividend payment date for AWK shareholders?

The dividend payment date is September 1, 2021.

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

The record date for the dividend payment is August 10, 2021.

Does American Water Works offer a dividend reinvestment plan?

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

How can shareholders participate in the dividend reinvestment plan?

Shareholders can contact American Stock Transfer & Trust Company or visit their website for enrollment.

American Water Works Company, Inc

NYSE:AWK

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26.63B
194.14M
0.12%
93.7%
1.89%
Utilities - Regulated Water
Water Supply
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United States of America
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