American States Water Company（AWR）のニュースとイベントAWRAmerican States Water Company

American States Water Company Increases Q3 Cash Dividend to $0.5455 per Share

On July 28, 2026, the Board of Directors of American States Water Company approved an increase in the company's third quarter cash dividend to $0.5455 per share from $0.5040 per share on the common shares of the company. The annualized dividend rate after this increase is $2.182 per share, which represents an 8.2% increase from the current annualized dividend rate of $2.016 per share. This action marks the 361st consecutive dividend payment by the company. American States Water Company has paid dividends every year since 1931, increasing the dividends received by shareholders each calendar year for 72 consecutive years, which places it in an exclusive group of companies on the New York Stock Exchange that have achieved that result. The company has grown its quarterly dividend rate at a compound annual growth rate of 8.4% over the last five years since the third quarter of 2021 and is on pace to achieve a 10-year CAGR of 8.7% in its calendar year dividend payments through 2026. The company's current policy is to achieve a compound annual growth rate in the dividend of more than 7% over the long-term.

American States Water Seeks to Acquire New Water System for $5.25 Million

American States Water announced that on July 13, 2026, its regulated water utility subsidiary, Golden State Water Company, GSWC, and the Public Advocates Office at the California Public Utilities Commission filed a joint motion to adopt a settlement agreement between GSWC and Cal Advocates that would approve the asset acquisition of a new water system that serves almost 900 customer connections. In January 2026, GSWC had filed an application with the CPUC to acquire the water system assets from Norwalk, a city in Los Angeles County, for a purchase price of $5.25 million. If the settlement agreement is approved by the CPUC, the new system will be incorporated into one of GSWC's existing ratemaking areas. The CPUC is scheduled to issue a proposed decision in the fourth quarter of 2026.

American States Water Company Completes $200M Equity Offering Program

American States Water Company announced the completion of its previously established at-the-market equity offering program. No further shares will be sold under this program. The ATM equity offering program, which was originally established on February 27, 2024, allowed AWR to sell shares of its common stock, from time to time at its sole discretion, having an aggregate gross sales price of up to $200M. Through June 12, AWR has fully utilized the maximum aggregate offering capacity under the program, raising $200M in gross proceeds. AWR has utilized the net proceeds from the sale of its shares, after deducting sales agent commissions and offering expenses, for general corporate purposes, including, without limitation, to pay down borrowings under its credit facility and make equity contributions to its regulated subsidiaries in support of their operations and capital expenditures. AWR has no plans to issue additional equity through the end of 2029 to support its current operations and likely beyond 2029 based on current estimates.