American Water Works (AWK) shares ended the last trading session 3.6% higher at $130.77. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 0.3% gain over the past four weeks.American Water Works’ 100% net income is generated from regulated operations and AWK’s focus on expanding regulated operations through capital investments is yielding stable returns, which has allowed the company to increase shareholders’ value. ...

Articles about water stocks to buy typically focus on income-oriented investors. That’s because, like many utility stocks, water stocks are known for their predictability. But if you’re looking for growth, predictable doesn’t cut it.  However, for the next several years, water may be a key sector for investors who are looking for growth. It comes to an undeniable fact. That is, the nation’s water infrastructure is in massive need of repair.  According to a study by the FMI Corporation, 78% of companies in t ...

American Water Works (AWK) announced that its unit, New Jersey American Water will invest $8.4 million in three different projects to strengthen water and wastewater infrastructure in its service region. The company keeps on upgrading old infrastructure and adding new assets to provide reliable services to its customers.Proper maintenance and upgrade of the old infrastructure allow the company to meet rising demand from its residential and commercial customers and assist firefighters during emergencies.New ...

Thomas Barwick/DigitalVision via Getty Images Overview I really enjoy seeing the dividend income in my portfolio grow over time with the least amount of effort on my end. This enjoyment prompts me to spend a lot of time looking for the next opportunity to increase my annual passive income. I believe that utilities offer a ton of opportunities at the moment as these businesses are typically very sensitive to interest rate changes. Utility-based companies often depend on attractive debt financing to fund ...

American Water Works (AWK) announced that its unit, Pennsylvania American Water, will invest $28.3 million to rehabilitate 10 of its water storage tanks and construct four new tanks. Pennsylvania American Water’s tank rehabilitation program of inspecting, sandblasting and repainting tanks extends the tanks’ service lives and helps to protect water quality.Proper maintenance of the old water storage tanks and the addition of new tanks allow the company to meet rising demand from its residential and commercia ...

baona/E+ via Getty Images Don't adjust your set; this week's headline looks much like last week's. The exception is that we have just one dividend king this week: MSA Safety Incorporated (MSA). MSA extends its 53-year growth streak with an 8.5% increase. A dividend king status is something to be celebrated, a testament to a quality business's ability to reward shareholders for over 50 years. The other companies on the list have streaks ranging from 6 to 31 years. Together, they feature an average increa ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric tha ...

American Water Works Company, Inc. (NYSE:AWK) Q1 2024 Results Conference Call May 2, 2024 9:00 AM ET Company Participants Aaron Musgrave - Vice President of Investor Relations Susan Hardwick - President and CEO Cheryl Norton - EVP and Chief Operating Officer John Griffith - EVP and CFO Conference Call Participants Richard Sunderland - JPMorgan Angie Storozynski - Seaport Gregg Orrill - UBS Aditya Gandhi - Wolfe Research Operator Good morning. And welcome to American Water's First Quarter 2024 Earnings Conf ...

American Water Works Company (AWK) posted first-quarter 2024 operating earnings per share (EPS) of 95 cents, which lagged the Zacks Consensus Estimate of 99 cents by 4.1%. However, the bottom line improved 4.4% from the year-ago quarter's earnings of 91 cents.The year-over-year improvement in earnings was due to favorable impacts of the implementation of new rates in Regulated businesses, offset somewhat by increased production and employee-related costs, and higher financing costs to fund the capital inves ...

Exhibit 99.1 Press Release May 1, 2024 Investor Contact: Aaron Musgrave Vice President, Investor Relations 856-955-4029 aaron.musgrave@amwater.com Media Contact: Maureen Duffy Senior Vice President, Communications and External Affairs 856-955-4163 maureen.duffy@amwater.com AMERICAN WATER REPORTS SOLID FIRST QUARTER 2024 RESULTS AFFIRMS 2024 EPS GUIDANCE AND LONG-TERM GROWTH TARGETS • First quarter 2024 earnings were $0.95 per share, compared to $0.91 per share in 2023; results as expected • 2024 earnings pe ...