American Water Announces Quarterly Dividend

Rhea-AI Summary

American Water (NYSE: AWK) declared a quarterly cash dividend of $0.8950 per share, payable on September 1, 2026, to shareholders of record on August 11, 2026. This continues the higher annualized dividend announced on April 29, 2026.

According to American Water, the company targets long-term annual dividend growth of 7–9% and a dividend payout ratio of 55–60% of earnings. Shareholders can reinvest dividends or buy additional shares without commissions through the American Water Stock Direct plan.

Positive

• Quarterly dividend $0.8950 per share payable September 1, 2026
• Targets long-term annual dividend growth of 7–9%
• Maintains target dividend payout ratio of 55–60% of earnings
• Dividend reinvestment and direct stock purchase plan with no brokerage commissions

Negative

• None.

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Cash dividend payable in the third quarter of 2026

CAMDEN, N.J., July 29, 2026 /PRNewswire/ -- American Water Works Company, Inc. (NYSE: AWK) announced that its board of directors today declared a quarterly cash dividend payment of $0.8950 per share of common stock, payable on September 1, 2026, to all shareholders of record as of August 11, 2026.

This quarterly dividend is a continuation of the increase in the annualized dividend approved by the Board and announced on April 29, 2026.

The company expects to continue its annual dividend growth within a 7 to 9 percent range over the long term, and maintaining a target dividend payout ratio of between 55 and 60 percent of earnings.

American Water offers a dividend reinvestment and direct stock purchase plan called American Water Stock Direct (the "Plan"), 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 Equiniti Trust Company, LLC at 888-556-0423, visiting Equiniti's website at equiniti.com/us, contacting American Water's Investor Relations department at 856-566-4005 or by visiting the Investor Relations webpage located at ir.amwater.com/resources.

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
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 19 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

AWK-IR

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SOURCE American Water

FAQ

What dividend did American Water (NYSE: AWK) declare for the third quarter of 2026?

American Water declared a quarterly cash dividend of $0.8950 per share for the third quarter of 2026. According to American Water, this dividend will be paid on September 1, 2026, to shareholders of record as of August 11, 2026.

When is the record date and payment date for American Water’s Q3 2026 dividend (AWK)?

The record date is August 11, 2026, and the payment date is September 1, 2026. According to American Water, shareholders of record on August 11 will receive the $0.8950 per share cash dividend on the September 1 payment date.

Is American Water (AWK) planning to grow its dividend over the long term?

American Water expects to grow its dividend 7–9% annually over the long term. According to American Water, this growth target aligns with maintaining a dividend payout ratio between 55% and 60% of earnings, supporting a balanced capital allocation strategy.

What is American Water’s target dividend payout ratio relative to earnings for AWK shareholders?

American Water targets a dividend payout ratio of 55–60% of earnings. According to American Water, this range is intended to balance returning cash to shareholders through dividends with retaining earnings to support ongoing business needs and long-term investments.

Does American Water (AWK) offer a dividend reinvestment plan for shareholders?

Yes, American Water offers a dividend reinvestment and direct stock purchase plan called American Water Stock Direct. According to American Water, the plan lets participants reinvest dividends and buy additional AWK shares without brokerage commissions or service charges, subject to the plan prospectus.

How can investors enroll in the American Water Stock Direct plan for AWK shares?

Investors can obtain the plan prospectus and enrollment form from Equiniti Trust Company or American Water Investor Relations. According to American Water, contact options include calling Equiniti at 888-556-0423, visiting equiniti.com/us, or accessing materials via the company’s Investor Relations website.