American States Water: Rating Upgrade On Solid Underlying Growth

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 ...