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American States Water Company (AWR) delivers essential utility services through regulated water distribution, electric operations, and specialized government contracts. This news hub provides investors and stakeholders with timely updates on corporate developments impacting California's critical infrastructure.
Access official press releases covering quarterly earnings, regulatory filings with the California Public Utilities Commission, and military base service contract announcements. Our curated collection helps track operational milestones in water resource management, electric service expansions, and long-term infrastructure projects.
Key updates include water rate adjustments approved by state regulators, new military installation service agreements through ASUS subsidiary, and sustainability initiatives across service territories. Bookmark this page for centralized access to strategic announcements affecting one of California's most established utility providers.
American States Water Company (NYSE:AWR) reported a 5.6% increase in third-quarter diluted EPS to $0.76, compared to $0.72 in 2020. Adjusted EPS rose 8.6% year-over-year. Year-to-date, EPS increased 11.7% to $2.00. The water segment saw earnings rise to $0.62 per share due to higher operating revenues from revised rates, offset by increased operating expenses. The company declared a $0.365 dividend per share, continuing its streak of increased dividends for 67 years. A general rate case for 2022-2024 is pending approval.
On October 26, 2021, American States Water Company (NYSE:AWR) announced a quarterly dividend of $0.365 per share, marking its 342nd consecutive dividend payment. This achievement illustrates the company's commitment to shareholder returns, as it has increased its annual dividend for 67 consecutive years. The firm aims for a long-term compound annual growth rate of over 7% for dividends, achieving nearly 10% from 2011 to 2021. The dividend will be payable on December 1, 2021, to shareholders recorded by November 15, 2021.
American States Water Company (NYSE:AWR) is set to release its third quarter financial results for the period ending September 30, 2021, after market hours on November 1, 2021. A conference call led by CEO Robert Sprowls and CFO Eva Tang will take place on November 2, 2021, at 2:00 p.m. ET, including a Q&A session. The call can be accessed live via www.aswater.com and will be archived for later listening starting at 5:00 p.m. ET the same day, available until November 9, 2021.
American States Water Company (AWR) reported Q2 2021 earnings per share (EPS) of $0.72, up from $0.69 in Q2 2020. This included $1.6 million in investment gains. Adjusted EPS increased by 7.8% year-over-year, mainly from a $3.2 million rise in water gross margin due to new rates from the CPUC. Year-to-date, EPS reached $1.24, a 15.9% rise compared to $1.07 in 2020. AWR announced a 9% dividend increase, marking its 67th consecutive year of rising dividends. The company aims for over a 7% long-term dividend growth rate.
American States Water Company (NYSE:AWR) announced a dividend increase from $0.335 to $0.365 per share, effective September 1, 2021, marking a 9% rise in the annualized dividend rate to $1.46. This is the 341st consecutive dividend payment, reflecting a consistent 67-year record of annual increases. The company aims for a compound annual growth rate of over 7% in dividends, having achieved nearly 10% from 2011 to 2021. The Board's decision reinforces their commitment to sustainable earnings and shareholder returns.
American States Water Company (NYSE:AWR) will release its second quarter financial results for the period ending June 30, 2021, on August 2, 2021, after market close. A conference call to discuss these results will be held on August 3, 2021, at 2:00 p.m. Eastern Time. The call will include a question and answer session. Interested listeners can access the live call and slides at www.aswater.com. The archived version will be available from August 3 at 5:00 p.m. Eastern Time until August 10, 2021.
American States Water Company (NYSE:AWR) reported a 36.8% increase in earnings per share (EPS), reaching $0.52 for Q1 2021, compared to $0.38 in Q1 2020. This improvement was driven by a $2.5 million increase in water gross margin due to new rates from the California Public Utilities Commission. The electric segment saw a marginal increase of $0.01 per share, while the contracted services segment increased by $0.04 per share. AWR's Board approved a $0.335 dividend per share for Q2 2021, reflecting its long-standing commitment to dividend growth.
On April 30, 2021, the Board of Directors of American States Water Company (NYSE: AWR) announced a quarterly dividend of $0.335 per share, marking the 340th consecutive dividend payment. For 66 years, the company has increased its annual dividend, achieving a 9.4% CAGR from 2010 to 2020. The dividend will be payable on June 2, 2021, to shareholders of record by May 17, 2021. The company aims for a long-term annual growth rate in dividends exceeding 7%.
American States Water Company (NYSE:AWR) will release its first quarter financial results for the period ending March 31, 2021, after market close on May 3, 2021. A conference call to discuss the results will take place on May 4, 2021, at 2:00 p.m. Eastern Time, featuring CEO Robert Sprowls and CFO Eva Tang. The call will include a Q&A session and will be accessible via www.aswater.com. It will also be archived for replay starting May 4, 2021, at 5:00 p.m. Eastern Time.
American States Water Company has a long history of dividend payments, having increased dividends for 66 consecutive years.
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