American States Water (AWR): A Dividend Powerhouse with Decades of Stability

Core Insights - American States Water Company (AWR) is recognized as a reliable dividend stock, appealing to income-focused investors due to its long-standing dividend history [1][4]. Company Overview - American States Water Company operates as a diversified utility firm with subsidiaries in three main segments: water, electric, and contracted services [2]. - The company has been focusing on enhancing its regulated operations and upgrading infrastructure to meet evolving climate and environmental standards [3]. Dividend Performance - AWR has paid dividends every year since 1931 and has increased them annually for 71 consecutive years, marking one of the longest records in the industry [4]. - The company has achieved a compound annual growth rate (CAGR) of 8.5% in its quarterly dividend over the past five years and aims for a 10-year CAGR of about 8.3% by 2025 [4]. - As of October 13, AWR offers a quarterly dividend of $0.504 per share, resulting in a dividend yield of 2.76% [4].