California Water Service Group Board of Directors Declares 325th Consecutive Quarterly Dividend
Rhea-AI Summary
California Water Service Group (NYSE: CWT) announced its 325th consecutive quarterly dividend of $0.3350 per common share. The dividend is payable on May 22, 2026 to holders of record at the close of business on May 11, 2026.
This continues the company's long track record of quarterly payouts to shareholders.
Positive
- 325th consecutive quarterly dividend declared
- Dividend of $0.3350 per common share payable May 22, 2026; record date May 11, 2026
Negative
- None.
News Market Reaction – CWT
In the Apr 30 session, CWT declined 6.92%, reflecting a notable negative market reaction. Argus tracked a trough of -3.7% from its starting point during tracking. Our momentum scanner triggered 36 alerts that day, indicating elevated trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Previous Management,dividends Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jan 28 | Dividend increase | Positive | +1.9% | Announced 324th dividend and 8% annual dividend increase to $1.34. |
| Oct 29 | Quarterly dividend | Positive | -4.8% | Declared 323rd consecutive quarterly dividend of $0.30 per share. |
| Jul 30 | Quarterly dividend | Positive | +1.3% | Declared 322nd consecutive quarterly dividend of $0.30 per share. |
| Apr 30 | Quarterly dividend | Positive | -0.8% | Announced 321st consecutive quarterly dividend of $0.30 per share. |
| Jan 29 | Dividend & special | Positive | +0.5% | Declared 320th dividend plus a one-time $0.04 special dividend. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Dividend/management announcements have produced mixed reactions, with 3 aligned and 2 divergent moves, and an average move around earnings/dividend news of slight weakness.
Over the last year, California Water Service Group has consistently emphasized its dividend track record, moving from the 320th to the 324th consecutive quarterly dividend before today’s 325th. Prior management/dividend releases included a one-time special dividend, regular quarterly payouts, and an 8% annual dividend increase to $1.34. Price reactions to these announcements have been mixed, with both gains and declines following similar news, suggesting markets often viewed them as incremental rather than transformational events.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SAN JOSE, Calif., April 29, 2026 (GLOBE NEWSWIRE) -- At its meeting on April 29, 2026, the California Water Service Group (NYSE: CWT) Board of Directors declared the Company’s 325th consecutive quarterly dividend in the amount of
About California Water Service Group
California Water Service Group is the largest regulated water utility in the western United States. It provides high-quality, reliable water and/or wastewater services to more than 2.2 million people in California, Hawaii, New Mexico, Washington, and Texas through its regulated subsidiaries, California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, and its utility holding company, Texas Water Service. This year, the company commemorates a century of service.
Group’s purpose is to enhance the quality of life for customers, communities, employees, and stockholders. To do so, it invests responsibly in water and wastewater infrastructure, sustainability initiatives, and community well-being. The company’s nearly 1,300 employees live by a set of strong core values and share a commitment to protecting the planet, caring for people, and operating with the utmost integrity. The company has been named one of “America’s Most Responsible Companies” and the “World’s Most Trustworthy Companies” by Newsweek, a USA Top Workplace, and a Great Place to Work®. More information is available at www.calwatergroup.com.
Forward Looking Statements
This news release contains forward-looking statements within the meaning established by the Private Securities Litigation Reform Act of 1995 (“PSLRA”). The forward-looking statements are intended to qualify under provisions of the federal securities laws for “safe harbor” treatment established by the PSLRA. Forward-looking statements in this news release are based on currently available information, expectations, estimates, assumptions and projections, and our management’s beliefs, assumptions, judgments and expectations about us, the water utility industry and general economic conditions. These statements are not statements of historical fact. When used in our documents, statements that are not historical in nature, including words like will, would, expects, intends, plans, believes, may, could, estimates, assumes, anticipates, projects, progress, predicts, hopes, targets, forecasts, should, seeks or variations of these words or similar expressions, are intended to identify forward-looking statements. Examples of forward-looking statements in this news release include, but are not limited to, statements describing the expected timing of the quarterly dividend payment. Forward-looking statements are not guarantees of future performance. They are based on numerous assumptions that we believe are reasonable, but they are open to a wide range of uncertainties and business risks. Consequently, actual results or outcomes may vary materially from what is contained in a forward-looking statement. Factors that may cause actual results or outcomes to be different than those expected or anticipated include, but are not limited to, those described under the section entitled “Risk Factors” and elsewhere in our most recent Annual Report on Form 10-K, our subsequent Quarterly Reports on Form 10-Q, and our other Securities and Exchange Commission filings. In light of these risks, uncertainties, and assumptions, investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this news release. We are not under any obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events, or otherwise.
CONTACT:
Shannon Dean,
sdean@calwater.com,
(408) 367-8243
Jim Lynch,
(408) 367-8200
