Welcome to our dedicated page for American Wtr Wks Co news (Ticker: AWK), a resource for investors and traders seeking the latest updates and insights on American Wtr Wks Co stock.
American Water Works Company, Inc. (NYSE: AWK) generates a steady flow of news tied to its role as the largest regulated water and wastewater utility company in the United States. With regulated operations in 14 states and on 18 military installations, the company and its subsidiaries frequently announce infrastructure projects, regulatory decisions, acquisitions and customer-focused initiatives that affect millions of people.
On this page, readers can follow updates from state-level subsidiaries such as Kentucky American Water, Missouri American Water, West Virginia American Water, Pennsylvania American Water, California American Water and Illinois American Water. Recent releases highlight topics like new water rates approved by state commissions, voluntary conservation requests during drought conditions, and major upgrades to treatment plants designed to enhance service reliability, water quality and operational efficiency.
Investors and customers can also track news on system acquisitions, where subsidiaries assume ownership of municipal or private water and wastewater systems and outline multi-year investment plans to meet regulatory, safety and security standards. Other recurring themes include announcements about bill payment options, customer assistance programs, and conservation tips aimed at helping households manage usage and costs.
Corporate-level news for AWK covers sustainability recognition, such as inclusion on Newsweek’s America’s Most Responsible Companies list, capital markets activity, and material events disclosed in 8-K filings, including rate case developments and merger agreements. For anyone following AWK stock or monitoring developments in regulated water and wastewater utilities, this news feed offers a centralized view of operational, regulatory and corporate milestones across American Water’s footprint.
American Water Works Company, Inc. (NYSE: AWK) reported solid first quarter 2024 results with earnings of $0.95 per share, compared to $0.91 per share in 2023. The company affirmed its 2024 EPS guidance range of $5.20 to $5.30 and long-term growth targets. Additionally, they announced a quarterly cash dividend increase and completed a $1.4 billion financing.
American Water Works Company, Inc. (NYSE: AWK) has announced an 8.1% increase in its quarterly cash dividend payment to $0.7650 per share of common stock. The company plans to sustain a dividend growth between 7 to 9 percent long term, with a target payout ratio of 55 to 60 percent of earnings. The increased dividend will be payable on June 3, 2024, to shareholders of record as of May 14, 2024.
American Water Charitable Foundation, a 501(c)(3) organization by American Water, awarded $1 million to 59 organizations in 11 states through the 2024 Water and Environment Grant Program. The grant focuses on water, people, and communities, supporting ESG, diversity, and inclusion. Recipients will benefit communities served by American Water, promoting water quality and conservation.
Pennsylvania American Water has launched an interactive web-based map to help customers identify and report the material of their water service lines. The map is in response to EPA requirements to publicize lead service line locations by 2024 and aims to raise awareness about lead service lines. The company is committed to replacing lead service lines at no cost to customers and has already replaced 855 lines last year, with plans to double the number by 2024.
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