American States Water Co

AWR

Equity

ISIN null / Valor 905513

New York Stock Exchange, Inc (2025-11-21)

USD 73.37+2.09%

American States Water Co
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About company

American States Water Company operates as a diversified utility company, primarily engaged in the provision of water, electric services, and contracted services across the United States. It serves over one million people through its subsidiaries, which include Golden State Water Company, Bear Valley Electric Service, Inc., and American States Utility Services, Inc. Golden State Water Company, its water utility arm, supplies water to around 264,100 customer connections in over 80 communities across Northern, Coastal, and Southern California. Bear Valley Electric Service, Inc., the company's electric utility subsidiary, delivers electricity to about 24,800 customer connections in the City of Big Bear Lake and its surrounding areas in San Bernardino County, California. Additionally, through American States Utility Services, Inc., it offers operations, maintenance, and construction management services for water and wastewater facilities on 12 military bases under 50-year privatization contracts with the U.S. government. A notable aspect of American States Water Company's financial performance is its consistent dividend payments to shareholders since 1931, with an increase in dividends for 69 consecutive years, marking it as a distinguished member of the New York Stock Exchange for this achievement.

Summarized from source with an LLMView SourceSector: Energy

Earnings Per Share

In the second quarter of 2025, American States Water Co achieved consolidated diluted earnings of $0.87 per share, up from $0.85 per share in the second quarter of 2024. This growth was primarily driven by increased earnings in the water and electric regulated utilities segments due to the implementation of new rates supporting ongoing capital investments.

Dividend Increase

The company announced an 8.3% increase in its quarterly dividend, with the first payment scheduled for September 3. This marks the 71st consecutive year that American States Water Co has raised its annual dividends to shareholders, underscoring its commitment to delivering consistent returns.

Capital Investments

American States Water Co’s regulated utilities received decisions from the California Public Utilities Commission (CPUC) in early 2025, authorizing nearly $650 million in capital investments related to general rate cases. The company is on target to spend between $170 million and $210 million in 2025 to support these initiatives.

Credit Ratings

In July, Standard & Poor’s affirmed the company’s strong credit ratings, assigning an “A” rating to American States Water Co with a stable outlook and an “A+” rating to its regulated water utility, also with a stable outlook. These ratings reflect the company’s solid financial health and operational stability.

Summarized from source with an LLMView Source

Key figures

-12.7%1Y

-24.7%3Y

-2.77%5Y

Performance

21.1%1Y

21.9%3Y

22.8%5Y

Volatility