American States Water Company Announces Regular Common Dividends
January 30 2019 - 4:45PM
Business Wire
On January 29, 2019, the Board of Directors of American States
Water Company (NYSE:AWR) approved a quarterly dividend of $0.275
per share on the Common Shares of the company. This action marks
the 331st consecutive dividend payment by the company. For 64
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 6% over the long-term.
Dividends on the Common Shares will be payable on March 1, 2019
to shareholders of record at the close of business on February 15,
2019.
About American States Water Company
American States Water Company is the parent of Golden State
Water Company and American States Utility Services, Inc. Through
its utility subsidiary, Golden State Water Company, AWR provides
water service to approximately 260,000 customers located throughout
10 counties in Northern, Coastal and Southern California. The
company also distributes electricity to approximately 24,000
customers 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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version on businesswire.com: https://www.businesswire.com/news/home/20190130005819/en/
American States Water CompanyEva G. TangSenior Vice President -
Finance, Chief Financial Officer,Treasurer and Corporate
Secretary(909) 394-3600, extension 707
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