American States Water Company reports utility and contracted-services developments for a California-based water and utilities holding company. Its recurring news covers Golden State Water Company water operations regulated by the California Public Utilities Commission, Bear Valley Electric Service electric operations, and American States Utility Services contracts for water services at U.S. military installations.
Company updates commonly address quarterly earnings, customer rate decisions, cost-of-capital matters, capital investment programs, construction activity in the contracted-services business, and regular common-share dividends. Water services to residential and commercial customers are the company’s largest revenue source.
American States Water (NYSE:AWR) reported third-quarter 2026 diluted earnings of $1.06 per share, unchanged from the same period in 2025. Excluding retirement-plan investment gains and losses, adjusted earnings rose to $1.06 from $1.01 per share. Retirement-plan investment returns created a $0.05-per-share unfavorable comparison.
Nine-month reported earnings rose 11.0% to $2.92 per share; adjusted earnings increased 12.6% to $2.86. Third-quarter water and contracted-services earnings declined, while electric earnings increased. The company expects contracted services to contribute $0.63–$0.67 per share for full-year 2026 and targets $185–$220 million in utility infrastructure investment. Its completed equity program raised $200 million in gross proceeds, with no additional equity issuance planned through at least year-end 2029 to support current operations. The quarterly dividend increased 8.2% during 2026.
American States Water (AWR) approved a quarterly common dividend of $0.5455 per share, payable on December 2, 2026.
The board approved the dividend on October 26, 2026. Shareholders of record at the close of business on November 16, 2026 will receive the payment, the company's 362nd consecutive dividend. Its current policy targets compound annual dividend growth of more than 7% over the long term.
American States Water Company (NYSE:AWR) plans to release third-quarter 2026 financial results after the market closes on November 4, 2026.
The quarter ended September 30. CEO Robert Sprowls and CFO Eva Tang will host a results call with a question-and-answer session on November 5 at 2:00 p.m. Eastern Time. The live call and slides will be available at www.aswater.com, with a replay available from November 5 at 5:00 p.m. Eastern Time through November 12.
American States Water Company (NYSE:AWR) reported second quarter 2026 diluted EPS of $1.09, up 25.3% from $0.87 a year earlier, with growth across water, electric and contracted services. Water segment EPS rose to $0.91 from $0.73, mainly from CPUC-approved rate increases and higher consumption.
Contracted services EPS increased to $0.16, helped by higher construction activity and management fees, and is expected to contribute $0.63–$0.67 per share for full-year 2026. Year-to-date diluted EPS reached $1.86 versus $1.57 in 2025, an 18.5% increase.
AWR completed its at-the-market equity program, raising $200 million via 2,575,947 shares; equity issuance diluted EPS by roughly $0.02 in Q2 and $0.04 year-to-date, and the company does not plan further equity issuance through at least the end of 2029. Regulated utilities remain on track to invest $185–$220 million in 2026.
The Board approved an 8.2% quarterly dividend increase to $0.5455 per share, payable September 2, 2026, marking 72 consecutive years of annual dividend increases. In July, S&P affirmed AWR’s credit rating at “A” and its regulated water utility at “A+”, both with stable outlooks.
American States Water Company (NYSE:AWR) announced that its Board approved an increase in the third quarter 2026 cash dividend to $0.5455 per share, up from $0.5040. The new annualized dividend of $2.182 per share reflects an 8.2% rise and represents the company’s 361st consecutive dividend payment.
According to American States Water Company, dividends have been paid every year since 1931 and increased annually for 72 consecutive years. The quarterly dividend has grown at an 8.4% CAGR over the last five years, and the company targets long-term dividend growth of more than 7%.
American States Water Company (NYSE:AWR) plans to release its financial results for the second quarter ended June 30, 2026, after the market closes on Wednesday, August 5, 2026. Management will discuss the results on a conference call at 2:00 p.m. ET (11:00 a.m. PT) on August 6, including a Q&A session.
Investors can access the live webcast and slides at www.aswater.com. According to the company, a replay of the call will be available on the website from 5:00 p.m. ET on August 6 through August 13.
American States Water Company (NYSE:AWR) reported that on July 13, 2026, its regulated subsidiary Golden State Water Company (GSWC) and the Public Advocates Office (Cal Advocates) at the California Public Utilities Commission (CPUC) filed a joint motion to adopt a settlement agreement. The agreement would approve GSWC’s acquisition of a new water system serving almost 900 customer connections.
According to the company, GSWC applied in January 2026 to acquire the system assets from the City of Norwalk in Los Angeles County for a $5.25 million purchase price. If approved by the CPUC, the acquired system would 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. Management highlighted this transaction as part of its strategy to expand regulated water utility operations and support infrastructure investment in California.
American States Water (NYSE:AWR) announced it was named to TIME’s America’s Best Companies 2026 list, and is one of only two investor-owned water utilities included.
Rankings are based on financial performance, employee satisfaction, and sustainability transparency, using data from employee surveys, financial results, and ESG evaluations across 1,000 companies.
American States Water (NYSE:AWR) completed its at-the-market (ATM) equity offering program, reaching the full $200 million aggregate capacity by June 12, 2026. Net proceeds were used for general corporate purposes, including debt reduction and equity contributions to regulated subsidiaries. The company states it has no plans to issue additional equity through the end of 2029 to support current operations.
American States Water (NYSE:AWR) reported Q1 2026 diluted EPS of $0.76, up $0.06 (8.6%) from Q1 2025. All segments contributed to the EPS gain, led by water and electric utilities. Contracted services is expected to add $0.63–$0.67 for full-year 2026. Utilities were authorized approximately $650 million in rate-case capital spend; company plans $185–$225 million in 2026 investments. Board approved Q2 dividend of $0.5040 payable June 2, 2026. AWR has an active ATM program with $34.3 million capacity remaining.