California Water Service Group Declares 327th Consecutive Quarterly Dividend
The Board of Directors of California Water Service Group has declared a quarterly cash dividend of $0.3350 per common share.
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Filed: 2026-10-28 AccNo: 0001104659-26-119642 Size: 378 KB Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
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The Board of Directors of California Water Service Group has declared a quarterly cash dividend of $0.3350 per common share.
American Water Works (AWK) received approval for a $68 million annual revenue increase in New Jersey effective September 15, 2026, supporting its 7-9% long-term earnings growth target through 2030. The rate hike will fund $1.4 billion in infrastructure upgrades while increasing average residential bills by approximately $4 monthly. AWK plans $19-20 billion in capital investments through 2030 to support 8-9% rate-base growth. The stock trades at a premium valuation with a forward P/E of 21.77X versus the industry average of 17.57X and carries a Zacks Rank #3 (Hold).
California Water Service launched its 13th annual Tap Into Learning program for the 2026-27 school year, offering water conservation education to K-12 students across its service areas. The program includes field trips, art competitions, grants for classroom projects, and conservation pledges. In the previous year, the program received 138 entries and awarded 12 field trip experiences, 10 art prizes, and 10 grants.