American States Water (AWR) Dividend History & Yield
Dividend ContenderAmerican States Water (AWR) has increased its dividend for 24 consecutive years and currently yields 2.63%. The most recent dividend was $0.5040/share on Mar 5, 2026, paid Quarterly.
Current Yield
2.63%
TTM Dividend/Share
$2.02
Payment Frequency
Quarterly
Payout Ratio
58.8%
Consecutive Growth Years
24 (Dividend Contender)
Div Growth (1Y CAGR)
8.26%
Div Growth (5Y CAGR)
8.66%
Div Growth (10Y CAGR)
8.29%
AWR: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
11.3%
FCF payout ratio
52.0%
Net debt / EBITDA
3.5x
Interest coverage
4.47x
ROIC (TTM)
8.6%
Dividend Safety Score
5 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 58.8%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($-0.18) does not fully cover dividend/share ($2.02).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
24 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 52.0%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 3.5x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (8.7%) exceeds EPS growth (1.3%) — payout ratio expanding.
Per-payment dividend history
Ex-date May 18, 2026
- Payment date
- Jun 2, 2026
- Dividend
- $0.5040
- Adj. dividend
- $0.5040
Ex-date Feb 23, 2026
- Payment date
- Mar 5, 2026
- Dividend
- $0.5040
- Adj. dividend
- $0.5040
Ex-date Nov 14, 2025
- Payment date
- Dec 2, 2025
- Dividend
- $0.5040
- Adj. dividend
- $0.5040
Ex-date Aug 15, 2025
- Payment date
- Sep 3, 2025
- Dividend
- $0.5040
- Adj. dividend
- $0.5040
Ex-date May 19, 2025
- Payment date
- Jun 3, 2025
- Dividend
- $0.4655
- Adj. dividend
- $0.4655
Ex-date Feb 18, 2025
- Payment date
- Mar 3, 2025
- Dividend
- $0.4655
- Adj. dividend
- $0.4655
Ex-date Nov 15, 2024
- Payment date
- Dec 2, 2024
- Dividend
- $0.4655
- Adj. dividend
- $0.4655
Ex-date Aug 16, 2024
- Payment date
- Sep 3, 2024
- Dividend
- $0.4655
- Adj. dividend
- $0.4655
Ex-date May 17, 2024
- Payment date
- Jun 3, 2024
- Dividend
- $0.4300
- Adj. dividend
- $0.4300
Ex-date Feb 16, 2024
- Payment date
- Mar 1, 2024
- Dividend
- $0.4300
- Adj. dividend
- $0.4300
Ex-date Nov 14, 2023
- Payment date
- Dec 1, 2023
- Dividend
- $0.4300
- Adj. dividend
- $0.4300
Ex-date Aug 14, 2023
- Payment date
- Sep 1, 2023
- Dividend
- $0.4300
- Adj. dividend
- $0.4300
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| May 18, 2026 | Jun 2, 2026 | $0.5040 | $0.5040 |
| Feb 23, 2026 | Mar 5, 2026 | $0.5040 | $0.5040 |
| Nov 14, 2025 | Dec 2, 2025 | $0.5040 | $0.5040 |
| Aug 15, 2025 | Sep 3, 2025 | $0.5040 | $0.5040 |
| May 19, 2025 | Jun 3, 2025 | $0.4655 | $0.4655 |
| Feb 18, 2025 | Mar 3, 2025 | $0.4655 | $0.4655 |
| Nov 15, 2024 | Dec 2, 2024 | $0.4655 | $0.4655 |
| Aug 16, 2024 | Sep 3, 2024 | $0.4655 | $0.4655 |
| May 17, 2024 | Jun 3, 2024 | $0.4300 | $0.4300 |
| Feb 16, 2024 | Mar 1, 2024 | $0.4300 | $0.4300 |
| Nov 14, 2023 | Dec 1, 2023 | $0.4300 | $0.4300 |
| Aug 14, 2023 | Sep 1, 2023 | $0.4300 | $0.4300 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
American States Water has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 24 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.9390 | — | — |
| 2025 | $1.7910 | $1.9390 | +8.3% |
| 2024 | $1.6550 | $1.7910 | +8.2% |
| 2023 | $1.5250 | $1.6550 | +8.5% |
| 2022 | $1.4000 | $1.5250 | +8.9% |
| 2021 | $1.2800 | $1.4000 | +9.4% |
| 2020 | $1.1600 | $1.2800 | +10.3% |
| 2019 | $1.0600 | $1.1600 | +9.4% |
| 2018 | $0.9940 | $1.0600 | +6.6% |
| 2017 | $0.9140 | $0.9940 | +8.8% |
| 2016 | $0.8740 | $0.9140 | +4.6% |
| 2015 | $0.8310 | $0.8740 | +5.2% |
| 2014 | $0.7600 | $0.8310 | +9.3% |
| 2013 | $0.6350 | $0.7600 | +19.7% |
| 2012 | $0.5500 | $0.6350 | +15.5% |
| 2011 | $0.5200 | $0.5500 | +5.8% |
| 2010 | $0.5050 | $0.5200 | +3.0% |
| 2009 | $0.5000 | $0.5050 | +1.0% |
| 2008 | $0.4775 | $0.5000 | +4.7% |
| 2007 | $0.4550 | $0.4775 | +4.9% |
| 2006 | $0.4500 | $0.4550 | +1.1% |
| 2005 | $0.4440 | $0.4500 | +1.4% |
| 2004 | $0.4420 | $0.4440 | +0.5% |
| 2003 | $0.4317 | $0.4420 | +2.4% |
| 2002 | $0.6500 | $0.4317 | -33.6% |
| 2001 | $0.4283 | $0.6500 | +51.8% |
| 2000 | $0.4267 | $0.4283 | +0.4% |
| 1999 | $0.4200 | $0.4267 | +1.6% |
| 1998 | $0.4150 | $0.4200 | +1.2% |
| 1997 | $0.4083 | $0.4150 | +1.6% |
| 1996 | $0.4017 | $0.4083 | +1.7% |
| 1995 | $0.4000 | $0.4017 | +0.4% |
| 1994 | $0.3958 | $0.4000 | +1.1% |
| 1993 | $0.3833 | $0.3958 | +3.3% |
| 1992 | $0.3667 | $0.3833 | +4.5% |
| 1991 | $0.3567 | $0.3667 | +2.8% |
| 1990 | $0.3450 | $0.3567 | +3.4% |
| 1989 | $0.3367 | $0.3450 | +2.5% |
| 1988 | $0.3217 | $0.3367 | +4.7% |
| 1987 | $1.8759 | $0.3217 | -82.9% |
| 1986 | $1.7760 | $1.8759 | +5.6% |
| 1985 | — | $1.7760 | — |
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 States Water (AWR) from the consolidated cash flow statement, in USD as filed.
Latest period
$76.59M
YoY change
+11.4%
5Y CAGR
+9.6%
Peak year (2025)
$74.66M
Latest annual
$74.66M
Cash dividends paid over time for American States Water (AWR)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for American States Water (AWR)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $74.66M | +11.4% | +$7.64M | ||
| 2024 | $67.02M | +9.5% | +$5.82M | ||
| 2023 | $61.20M | +8.6% | +$4.84M | ||
| 2022 | $56.36M | +9.0% | +$4.67M | ||
| 2021 | $51.69M | +9.5% | +$4.48M | ||
| 2020 | $47.21M | +10.5% | +$4.50M | ||
| 2019 | $42.70M | +9.7% | +$3.77M | ||
| 2018 | $38.94M | +6.9% | +$2.52M | ||
| 2017 | $36.42M | +9.0% | +$3.01M | ||
| 2016 | $33.41M | +2.2% | +$718,000 | ||
| 2015 | $32.69M | +1.8% | +$579,000 | ||
| 2014 | $32.11M | +9.4% | +$2.75M | ||
| 2013 | $29.36M | +21.7% | +$5.23M | ||
| 2012 | $24.13M | +17.4% | +$3.58M | ||
| 2011 | $20.55M | +6.3% | +$1.23M | ||
| 2010 | $19.33M | +6.8% | +$1.23M | ||
| 2009 | $18.10M | +4.9% | +$841,000 | ||
| 2008 | $17.26M | +5.6% | +$918,000 | ||
| 2007 | $16.34M | +6.2% | +$947,000 | ||
| 2006 | $15.39M | +1.9% | +$293,000 | ||
| 2005 | $15.10M | +8.8% | +$1.22M | ||
| 2004 | $13.88M | +3.3% | +$439,000 | ||
| 2003 | $13.44M | +1.6% | +$213,000 | ||
| 2002 | $13.22M | +0.3% | +$35,000 | ||
| 2001 | $13.19M | +7.1% | +$873,000 | ||
| 2000 | $12.31M | +6.2% | +$715,000 | ||
| 1999 | $11.60M | +1.8% | +$200,000 | ||
| 1998 | $11.40M | +1.8% | +$200,000 | ||
| 1997 | $11.20M | +14.3% | +$1.40M | ||
| 1996 | $9.80M | +2.1% | +$200,000 | ||
| 1995 | $9.60M | +1.1% | +$100,000 | ||
| 1994 | $9.50M | — | — |
As of the 2025 fiscal year, American States Water (AWR) reported dividends paid of $74.66M – grew 11.4% year-over-year.
Across 2020–2025 (5 years), American States Water dividends paid produced a CAGR of +9.6% – sustaining 31 straight years of year-over-year growth.
The dataset's maximum dividends paid sits at $74.66M (2025); the minimum reading of $9.50M dates to 1994.
American States Water (AWR) sits 9th of 8 Utilities peers we track on this metric, against a peer median of $2.14B.
American States Water Dividends Paid 2025: $74.66M
American States Water dividends paid in 2025 was $74.66M, grew 11.4% from 2024. This figure represents the highest annual value in the available history.
American States Water Dividends Paid 2024: $67.02M
American States Water dividends paid in 2024 was $67.02M, grew 9.5% from 2023.
American States Water Dividends Paid 2023: $61.20M
American States Water dividends paid in 2023 was $61.20M, grew 8.6% from 2022.
American States Water Dividends Paid 2022: $56.36M
American States Water dividends paid in 2022 was $56.36M, grew 9.0% from 2021.
American States Water Dividends Paid 2021: $51.69M
American States Water dividends paid in 2021 was $51.69M.
See more financial history for American States Water (AWR).
Sector peers by dividends paid
Companies in the same sector as American States Water, 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 States Water pay dividends?
Yes, American States Water (AWR) pays quarterly dividends of approximately $2.02 per share annually, yielding 2.63%.
What is American States Water's dividend yield?
American States Water (AWR) has a current dividend yield of 2.63%.
Is American States Water's dividend safe?
American States Water (AWR) passes 5 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has American States Water increased its dividend?
American States Water (AWR) has 24 consecutive years of dividend increases.
What is American States Water's dividend payout ratio?
American States Water (AWR) has a dividend payout ratio of 58.8%. 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 States Water's dividends paid?
Latest reported dividends paid for American States Water (AWR) is $76.59M (period ending March 31, 2026).
How has American States Water dividends paid changed year-over-year?
American States Water (AWR) dividends paid changed +11.4% year-over-year on the latest annual filing.
What is the long-term growth rate of American States Water dividends paid?
American States Water (AWR) dividends paid compound annual growth rate is +9.6% over the most recent 5 years available.
When did American States Water dividends paid hit its highest annual value?
American States Water dividends paid reached its highest annual value of $74.66M in 2025.
What was American States Water dividends paid in 2024?
American States Water (AWR) dividends paid in 2024 was $67.02M.
What was American States Water dividends paid in 2025?
American States Water (AWR) dividends paid in 2025 was $74.66M.
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