These companies' dividends are extremely durable.Companies around the world paid a record $606.1 billion in dividends to their shareholders during the second quarter -- 8.2% more than the prior-year period. Nearly 90% of dividend-paying companies have either held their payments steady or raised them over the past year. This data suggests that right now is a great time for dividends. However, that's not always the case. Downturns and recessions can severely impact the ability of some companies to continue ma ...

American States Water’s (AWR) ongoing investments in infrastructure upgrades should allow it to provide quality services to its expanding customer base. Given its growth opportunities, AWR makes for a solid investment option in the utility sector.Let’s focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment option at the moment.AWR’s Growth Projections & Surprise HistoryThe Zacks Consensus Estimate for AWR’s 2024 earnings per share (EPS) has moved north 0.7% to $3.03 in the past ...

Growing stacks of coins representing investment compounding. Ghing My investing philosophy is all about repeatable results. As an investor, it isn't just my goal to become wealthy. I want to stay that way, too. In my view, wealth that can be made overnight can also be lost just as quickly. In other words, what speculation giveth, it can taketh right away. This is why my focus was, is, and always will be on businesses with winning business models. If a prospective company doesn't fit within my parameters, I ...

gustavofrazao After taking two months off from my 10 Dividend Growth Stocks series, I'm refocusing the series to identify top-ranked undervalued stocks. By implication, such stocks are suitable candidates for your dividend growth portfolio because they're high-quality dividend growth stocks trading at or below fair value. As always, I recommend you do your own analysis before buying shares of any of these stocks. My watchlist of dividend growth stocks is Dividend Radar, a weekly automatically generated spre ...

The Zacks Utility - Water Supply industry includes companies that provide drinking water and wastewater services to industrial, commercial and residential customers, along with numerous military bases across the country.Healthy and hygienic living requires a constant, uninterrupted flow of clean potable water and reliable sewer services. Water utilities carry out the regular crucial work of meeting millions of Americans’ increasing demand for potable water. Storage tanks, treatment and desalination faciliti ...

fcafotodigital Introduction It has been almost two years since I last wrote about American States Water Company (NYSE:AWR). Since then, the company has shown continued earnings growth, its dividend has been raised for the seventieth year in a row, and its stock price has remained virtually unchanged. Reason enough, to provide an update on the investment thesis for this legendary Dividend King. Stock performance The chart below shows that American States Water comfortably beats the S&P 500 index (SPY) ov ...

American States Water Company (NYSE:AWR) Q2 2024 Results Conference Call August 7, 2024 2:00 PM ET Company Participants Robert Sprowls - President and Chief Executive Officer Eva Tang - Senior Vice President in Finance and Chief Financial Officer Conference Call Participants Jonathan Reeder - Wells Fargo Operator Ladies and gentlemen, thank you for standing by. Welcome to the American States Water Company Conference call discussing the company’s Second Quarter 2024 Results. The call is being recorded. If yo ...

American States Water Company (AWR) reported second-quarter 2024 operating earnings per share (EPS) of 85 cents, which beat the Zacks Consensus Estimate of 84 cents by 1.2%.Total RevenuesOperating revenues came in at $155.3 million, which outpaced the Zacks Consensus Estimate of $138 million by 12.6%. However, the top line declined 1.3% from $157.4 million reported in the prior-year period. Highlights of the ReleaseOperating expenses in the quarter totaled $103.6 million, up 5.2% from the year-ago quarter’s ...

American States Water (AWR) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.19%. A quarter ago, it was expected that this water and electric utility would post earnings of $0.59 per share when it actually produced earnings of $0.62, delivering a surprise of 5.08%.Over the last four ...

Exhibit 99.1 American States Water Company Announces Second Quarter 2024 Results • Second quarter 2024 recorded and adjusted earnings were both $0.85 per share compared to second quarter 2023 recorded earnings of $1.04 per share and adjusted earnings of $0.86 per share ◦ Adjusted earnings for the second quarter 2023 exclude $0.18 per share related to the reversal of previously recorded revenues subject to refund following the receipt of a final decision in the cost of capital proceeding in June 2023 • AWR's ...