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American States Water Company - AWR STOCK NEWS

Welcome to our dedicated page for American States Water Company news (Ticker: AWR), a resource for investors and traders seeking the latest updates and insights on American States Water Company stock.

American States Water Company (AWR) is a distinguished utility services provider based in California. As the parent company of both Golden State Water Company (GSWC) and American States Utility Services, Inc. (ASUS), AWR plays a pivotal role in delivering essential utilities to communities across the state and beyond. GSWC offers water services to approximately 258,000 customers spread over 75 communities in 10 counties across Northern, Coastal, and Southern California. Additionally, Bear Valley Electric Services (BVES), a division of GSWC, supplies electricity to around 24,000 customers in the Big Bear area of San Bernardino County.

Through American States Utility Services, Inc. (ASUS), AWR extends its expertise to water and wastewater system management on military bases across the United States. These services are rendered under long-term 50-year privatization contracts with the U.S. government, emphasizing the company's dedication to reliable and sustainable utility management.

Founded with a commitment to reliability, AWR has consistently paid dividends to shareholders annually since 1931, showcasing a robust financial foundation. The company's operations are organized into three main segments: water, electric, and contracted services. The majority of revenue is generated from water services provided to both commercial and residential customers.

Golden State Water operates under the regulation of the California Public Utilities Commission, ensuring compliance and quality in their service delivery. Meanwhile, American States Utility Services continues to fulfill its contracts with the U.S. government, providing essential services to various military installations.

For investors and stakeholders looking for the latest updates and relevant information on AWR’s performance, current projects, and financial health, this page serves as a comprehensive resource. Stay informed with the latest news and developments about American States Water Company.

News

American States Water Company Announces Regular Common Dividends

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American States Water Company (NYSE:AWR) has approved a quarterly dividend of $0.43 per share on the Common Shares, marking the 350th consecutive dividend payment. Shareholders have received an increase in their calendar year dividend for 69 consecutive years, positioning the company among a select group on the NYSE. The company aims for a compound annual growth rate in the dividend of over 7% in the long-term, with a quarterly dividend rate growth of 9.4% over the past five years. Dividends will be payable on December 1, 2023, to shareholders of record on November 15, 2023.
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American States Water Company to Report Third Quarter 2023 Results

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American States Water Company to release Q3 2023 financial results
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American States Water Company Announces New Privatization Contract Award at Naval Air Station Patuxent River, Maryland

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American States Water Company's subsidiary, American States Utility Services, has been awarded a 50-year contract by the U.S. government to operate and maintain water distribution and wastewater collection facilities at Naval Air Station Patuxent River. The initial contract value is estimated at $349 million over the 50-year period. ASUS will also have the opportunity to generate additional revenues through contract modifications. NAS Pax River is headquarters to several naval commands and ASUS will now provide utility services at twelve military bases across eight states.
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American States Water Company Announces Second Quarter 2023 Results

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American States Water Company Announces an 8.2% Increase in Quarterly Dividend

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American States Water Company (NYSE:AWR) increases its third quarter cash dividend from $0.3975 to $0.4300 per share, reflecting an annualized dividend rate of $1.72 per share, an 8.2% increase. The company has achieved a 8.1% compound annual growth rate in dividend payments from 2013-2023, reflecting its long-term commitment to sustainable earnings growth.
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American States Water Company to Report Second Quarter 2023 Results

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American States Water Company Announces Final Decisions by the CPUC in Its Water Utility General Rate Case and Cost of Capital Proceedings

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American States Water Company (NYSE:AWR) announced that the California Public Utilities Commission (CPUC) has adopted final decisions in connection with the general rate case and cost of capital proceedings at AWR's regulated water utility subsidiary, Golden State Water Company (GSWC). The final decision in GSWC's general rate case proceeding will set new water rates for the years 2022-2024. The final decision adopts an 8.85% return on equity, a 5.10% cost of debt, and a capital structure of 57% equity and 43% debt for GSWC, resulting in a 7.24% authorized return on rate base for the calendar year 2022.
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American States Water Company and Golden State Water Company Announce New Credit Agreements

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American States Water Company Announces First Quarter 2023 Results

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American States Water Company (NYSE:AWR) received a proposed decision from the California Public Utilities Commission (CPUC) approving a settlement agreement in its water utility general rate case. The settlement agreement authorizes $405 million in capital investment and resulted in a $0.55 per share increase in recorded first-quarter consolidated diluted EPS compared to the same period in 2022. The company's first-quarter results also reflect a favorable variance of $0.06 per share from gains on investments held to fund a retirement plan.
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American States Water Company Announces Regular Common Dividends

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FAQ

What is the current stock price of American States Water Company (AWR)?

The current stock price of American States Water Company (AWR) is $73.54 as of January 29, 2025.

What is the market cap of American States Water Company (AWR)?

The market cap of American States Water Company (AWR) is approximately 2.8B.

What services does American States Water Company (AWR) provide?

AWR provides water and electric services in California and manages water and wastewater systems on U.S. military bases through long-term contracts.

Who are the subsidiaries of American States Water Company?

AWR's subsidiaries include Golden State Water Company (GSWC) and American States Utility Services, Inc. (ASUS).

How many customers does Golden State Water Company serve?

Golden State Water Company serves approximately 258,000 customers in 75 communities across 10 counties in California.

What is Bear Valley Electric Services (BVES)?

BVES is a division of Golden State Water Company that supplies electricity to around 24,000 customers in the Big Bear area of San Bernardino County, California.

How does American States Utility Services (ASUS) operate?

ASUS provides operations, maintenance, and construction management services for water and wastewater systems on military bases under 50-year privatization contracts with the U.S. government.

Where is American States Water Company located?

American States Water Company is based in California.

When was American States Water Company founded?

AWR has been paying dividends to shareholders every year since 1931.

What regulatory body oversees Golden State Water Company's operations?

Golden State Water Company is regulated by the California Public Utilities Commission.

What are the main segments of AWR's business?

The main segments of AWR's business are water, electric, and contracted services.

Where can I find the latest news about American States Water Company?

The latest news and updates about AWR can be found on stock market websites such as StockTitan and through the company's official communications.
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American States Water Company

NYSE:AWR

AWR Rankings

#1732 Ranked by Market Cap
#1200 Ranked by Dividends

AWR Stock Data

2.83B
37.48M
0.82%
81.09%
1.99%
Utilities - Regulated Water
Water Supply
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United States of America
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