American States Water Company Increases Quarterly Dividend From $0.43 To $0.4655 Per Share
Portfolio Pulse from Benzinga Newsdesk
American States Water Company (NYSE:AWR) has increased its quarterly dividend from $0.43 to $0.4655 per share, representing an 8.3% annualized increase. The dividend has grown at a CAGR of 8.8% over the last five years.
August 01, 2024 | 1:14 pm
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POSITIVE IMPACT
American States Water Company has increased its quarterly dividend from $0.43 to $0.4655 per share, representing an 8.3% annualized increase. This is a positive signal for investors, indicating strong financial health and commitment to returning value to shareholders.
The increase in the quarterly dividend is a strong indicator of the company's financial health and its commitment to returning value to shareholders. This move is likely to attract income-focused investors and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100