American Water Works Funds 8% Dividend Hike Through State-Regulated Rate Increases This Year

American Water Works raised its quarterly dividend by 8% to $0.895 per share, extending a decade of uninterrupted annual dividend increases. The move signals continued cash flow strength and reinforces the company’s defensive, income-oriented profile as the largest publicly traded regulated water utility in the U.S.

Analysis

American Water Works raised its quarterly dividend by 8% to $0.895 per share, extending a decade of uninterrupted annual dividend increases. The move signals continued cash flow strength and reinforces the company’s defensive, income-oriented profile as the largest publicly traded regulated water utility in the U.S.