American Water Works Company (AWK) Dividend History & Yield
Dividend ContenderAmerican Water Works Company (AWK) has increased its dividend for 13 consecutive years and currently yields 2.76%. The most recent dividend was $0.8275/share on Mar 3, 2026, paid Quarterly.
Current Yield
2.76%
TTM Dividend/Share
$3.38
Payment Frequency
Quarterly
Payout Ratio
59.8%
Consecutive Growth Years
13 (Dividend Contender)
Div Growth (1Y CAGR)
8.16%
Div Growth (5Y CAGR)
8.60%
Div Growth (10Y CAGR)
9.34%
AWK: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
11.4%
FCF payout ratio
375.9%
Net debt / EBITDA
5.6x
Interest coverage
3.00x
ROIC (TTM)
6.1%
Dividend Safety Score
3 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 59.8%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($-5.47) does not fully cover dividend/share ($3.38).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
13 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 375.9%, above the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 5.6x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (8.6%) exceeds EPS growth (-2.6%) — payout ratio expanding.
Per-payment dividend history
Ex-date May 12, 2026
- Payment date
- Jun 2, 2026
- Dividend
- $0.8950
- Adj. dividend
- $0.8950
Ex-date Feb 10, 2026
- Payment date
- Mar 3, 2026
- Dividend
- $0.8275
- Adj. dividend
- $0.8275
Ex-date Nov 13, 2025
- Payment date
- Dec 2, 2025
- Dividend
- $0.8275
- Adj. dividend
- $0.8275
Ex-date Aug 12, 2025
- Payment date
- Sep 3, 2025
- Dividend
- $0.8275
- Adj. dividend
- $0.8275
Ex-date May 13, 2025
- Payment date
- Jun 3, 2025
- Dividend
- $0.8275
- Adj. dividend
- $0.8275
Ex-date Feb 7, 2025
- Payment date
- Mar 4, 2025
- Dividend
- $0.7650
- Adj. dividend
- $0.7650
Ex-date Nov 12, 2024
- Payment date
- Dec 3, 2024
- Dividend
- $0.7650
- Adj. dividend
- $0.7650
Ex-date Aug 13, 2024
- Payment date
- Sep 4, 2024
- Dividend
- $0.7650
- Adj. dividend
- $0.7650
Ex-date May 13, 2024
- Payment date
- Jun 3, 2024
- Dividend
- $0.7650
- Adj. dividend
- $0.7650
Ex-date Feb 7, 2024
- Payment date
- Mar 1, 2024
- Dividend
- $0.7075
- Adj. dividend
- $0.7075
Ex-date Nov 13, 2023
- Payment date
- Dec 1, 2023
- Dividend
- $0.7075
- Adj. dividend
- $0.7075
Ex-date Aug 7, 2023
- Payment date
- Sep 1, 2023
- Dividend
- $0.7075
- Adj. dividend
- $0.7075
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| May 12, 2026 | Jun 2, 2026 | $0.8950 | $0.8950 |
| Feb 10, 2026 | Mar 3, 2026 | $0.8275 | $0.8275 |
| Nov 13, 2025 | Dec 2, 2025 | $0.8275 | $0.8275 |
| Aug 12, 2025 | Sep 3, 2025 | $0.8275 | $0.8275 |
| May 13, 2025 | Jun 3, 2025 | $0.8275 | $0.8275 |
| Feb 7, 2025 | Mar 4, 2025 | $0.7650 | $0.7650 |
| Nov 12, 2024 | Dec 3, 2024 | $0.7650 | $0.7650 |
| Aug 13, 2024 | Sep 4, 2024 | $0.7650 | $0.7650 |
| May 13, 2024 | Jun 3, 2024 | $0.7650 | $0.7650 |
| Feb 7, 2024 | Mar 1, 2024 | $0.7075 | $0.7075 |
| Nov 13, 2023 | Dec 1, 2023 | $0.7075 | $0.7075 |
| Aug 7, 2023 | Sep 1, 2023 | $0.7075 | $0.7075 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
American Water Works Company has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 13 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $3.2475 | — | — |
| 2025 | $3.0025 | $3.2475 | +8.2% |
| 2024 | $2.7775 | $3.0025 | +8.1% |
| 2023 | $2.5675 | $2.7775 | +8.2% |
| 2022 | $2.3575 | $2.5675 | +8.9% |
| 2021 | $2.1500 | $2.3575 | +9.7% |
| 2020 | $1.9550 | $2.1500 | +10.0% |
| 2019 | $1.7800 | $1.9550 | +9.8% |
| 2018 | $1.6200 | $1.7800 | +9.9% |
| 2017 | $1.4650 | $1.6200 | +10.6% |
| 2016 | $1.3300 | $1.4650 | +10.2% |
| 2015 | $1.2100 | $1.3300 | +9.9% |
| 2014 | $0.8400 | $1.2100 | +44.0% |
| 2013 | $1.2100 | $0.8400 | -30.6% |
| 2012 | $0.9000 | $1.2100 | +34.4% |
| 2011 | $0.8600 | $0.9000 | +4.7% |
| 2010 | $0.8200 | $0.8600 | +4.9% |
| 2009 | — | $0.8200 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for American Water Works Company (AWK) from the consolidated cash flow statement, in USD as filed.
Latest period
$646.00M
YoY change
+8.2%
5Y CAGR
+10.2%
Peak year (2025)
$633.00M
Latest annual
$633.00M
Cash dividends paid over time for American Water Works Company (AWK)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for American Water Works Company (AWK)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $633.00M | +8.2% | +$48.00M | ||
| 2024 | $585.00M | +10.0% | +$53.00M | ||
| 2023 | $532.00M | +13.9% | +$65.00M | ||
| 2022 | $467.00M | +9.1% | +$39.00M | ||
| 2021 | $428.00M | +10.0% | +$39.00M | ||
| 2020 | $389.00M | +10.2% | +$36.00M | ||
| 2019 | $353.00M | +10.7% | +$34.00M | ||
| 2018 | $319.00M | +10.4% | +$30.00M | ||
| 2017 | $289.00M | +10.7% | +$28.00M | ||
| 2016 | $261.00M | +9.2% | +$22.00M | ||
| 2015 | $239.00M | +10.6% | +$23.00M | ||
| 2014 | $216.00M | +44.5% | +$66.55M | ||
| 2013 | $149.45M | -30.0% | -$64.01M | ||
| 2012 | $213.46M | +35.2% | +$55.60M | ||
| 2011 | $157.85M | +5.0% | +$7.55M | ||
| 2010 | $150.30M | +9.4% | +$12.97M | ||
| 2009 | $137.33M | +114.4% | +$73.28M | ||
| 2008 | $64.06M | — | +$64.06M | ||
| 2007 | $0 | — | $0 | ||
| 2006 | $0 | — | — | ||
| 2001 | $94.00M | +2.4% | +$2.19M | ||
| 2000 | $91.80M | +10.1% | +$8.45M | ||
| 1999 | $83.35M | +19.4% | +$13.55M | ||
| 1998 | $69.80M | +8.9% | +$5.70M | ||
| 1997 | $64.10M | +15.9% | +$8.80M | ||
| 1996 | $55.30M | +18.9% | +$8.80M | ||
| 1995 | $46.50M | +21.1% | +$8.10M | ||
| 1994 | $38.40M | +16.4% | +$5.40M | ||
| 1993 | $33.00M | +11.5% | +$3.40M | ||
| 1992 | $29.60M | +4.2% | +$1.20M | ||
| 1991 | $28.40M | +17.8% | +$4.30M | ||
| 1990 | $24.10M | +3.4% | +$800,000 | ||
| 1989 | $23.30M | — | — |
As of the 2025 fiscal year, American Water Works Company (AWK) reported dividends paid of $633.00M – grew 8.2% year-over-year.
Through 2020–2025 (5 years), American Water Works Company dividends paid delivered a +10.2% annualised rate; sustaining 12 straight years of year-over-year growth.
$633.00M stands as the all-time-high annual dividends paid, posted in 2025, against a low of $0 during 2006.
Within Utilities, American Water Works Company (AWK) ranks 7th among 8 peers we track. The peer median for dividends paid is $2.14B.
American Water Works Company Dividends Paid 2025: $633.00M
American Water Works Company dividends paid in 2025 was $633.00M, grew 8.2% from 2024. This figure represents the highest annual value in the available history.
American Water Works Company Dividends Paid 2024: $585.00M
American Water Works Company dividends paid in 2024 was $585.00M, grew 10.0% from 2023.
American Water Works Company Dividends Paid 2023: $532.00M
American Water Works Company dividends paid in 2023 was $532.00M, grew 13.9% from 2022.
American Water Works Company Dividends Paid 2022: $467.00M
American Water Works Company dividends paid in 2022 was $467.00M, grew 9.1% from 2021.
American Water Works Company Dividends Paid 2021: $428.00M
American Water Works Company dividends paid in 2021 was $428.00M.
See more financial history for American Water Works Company (AWK).
Sector peers by dividends paid
Companies in the same sector as American Water Works Company, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| NextEra Energy (NEE) | $4.68B | Utilities |
| Duke Energy (DUK) | $3.30B | Utilities |
| Southern Company (SO) | $3.02B | Utilities |
| Dominion Energy (D) | $2.28B | Utilities |
| American Electric Power Company (AEP) | $2.01B | Utilities |
| Sempra (SRE) | $1.60B | Utilities |
| Constellation Energy (CEG) | $486.00M | Utilities |
| GE Vernova (GEV) | $275.00M | Utilities |
Frequently asked questions
Does American Water Works Company pay dividends?
Yes, American Water Works Company (AWK) pays quarterly dividends of approximately $3.38 per share annually, yielding 2.76%.
What is American Water Works Company's dividend yield?
American Water Works Company (AWK) has a current dividend yield of 2.76%.
Is American Water Works Company's dividend safe?
American Water Works Company (AWK) passes 3 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has American Water Works Company increased its dividend?
American Water Works Company (AWK) has 13 consecutive years of dividend increases.
What is American Water Works Company's dividend payout ratio?
American Water Works Company (AWK) has a dividend payout ratio of 59.8%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is American Water Works Company's dividends paid?
Latest reported dividends paid for American Water Works Company (AWK) is $646.00M (period ending March 31, 2026).
How has American Water Works Company dividends paid changed year-over-year?
American Water Works Company (AWK) dividends paid changed +8.2% year-over-year on the latest annual filing.
What is the long-term growth rate of American Water Works Company dividends paid?
American Water Works Company (AWK) dividends paid compound annual growth rate is +10.2% over the most recent 5 years available.
When did American Water Works Company dividends paid hit its highest annual value?
American Water Works Company dividends paid reached its highest annual value of $633.00M in 2025.
What was American Water Works Company dividends paid in 2024?
American Water Works Company (AWK) dividends paid in 2024 was $585.00M.
What was American Water Works Company dividends paid in 2025?
American Water Works Company (AWK) dividends paid in 2025 was $633.00M.
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