Pennsylvania American Water Announces $6.13 Additional Credits Applied To Clients' Bills As Result Of American Water's Receipt Of Proceeds From Settlements Reached With Producers Of Per- And Polyfluoroalkyl Substances

This Company Has Raised Its Dividend for 72 Straight Years. Almost Nobody Talks About It.

American States Water (AWR) has extended its dividend growth streak to 72 consecutive years with an 8.2% increase, making it one of fewer than 60 companies with 50+ years of annual dividend increases. The regulated water and electric utility operates in California and manages military base facilities, generating stable cash flows. With a 2.5% yield, 8.7% compound annual dividend growth over the past decade, and a target of 7%+ future growth, the company remains an underrecognized dividend growth stock.

Reported Earlier, California American Water Submits Testimony Supporting Temporary Suspension Of Monterey Peninsula Water Connection Moratorium

Truist Securities Maintains Hold on American Water Works Co, Lowers Price Target to $138

Truist Securities analyst Richard Sunderland maintains American Water Works Co (NYSE:AWK) with a Hold and lowers the price target from $139 to $138.