Core Insights - The Invesco S&P Global Water Index ETF (CGW) is designed to provide broad exposure to the Industrials - Water segment of the equity market, launched on 05/14/2007 [1] - The ETF has accumulated over $981.10 million in assets, positioning it as an average-sized ETF in its category [3] - The ETF has a 12-month trailing dividend yield of 1.97% and annual operating expenses of 0.56% [4] Sector Overview - The Industrials - Water sector is ranked 4th among the 16 Zacks sectors, placing it in the top 25% [2] - Sector ETFs like CGW offer low-risk and diversified exposure to a broad group of companies within specific sectors [2] Fund Details - CGW aims to match the performance of the S&P Global Water Index, which includes developed market securities related to water utilities, infrastructure, equipment, instruments, and materials [3] - The top 10 holdings of CGW account for approximately 52.15% of total assets, with Xylem Inc (XYL) being the largest holding at 7.94% [5][6] Performance Metrics - The ETF has increased by about 14.91% year-to-date and is up roughly 9.62% over the past year, with a trading range between $51.36 and $63.29 in the last 52 weeks [7] - CGW has a beta of 0.97 and a standard deviation of 16.98% over the trailing three-year period, indicating it is a low-risk investment option [7] Alternatives - CGW holds a Zacks ETF Rank of 2 (Buy), indicating strong potential based on expected asset class return, expense ratio, and momentum [8] - Other ETFs in the water sector include the First Trust Water ETF (FIW) and the Invesco Water Resources ETF (PHO), with assets of $1.85 billion and $2.19 billion respectively [9][10]

Britain will set up a new office to investigate consumer complaints against water companies as part of a “root and branch” overhaul of a sector in crisis after years of under-investment and pollution scandals https://t.co/Uq5ykjPzcB ...

Core Viewpoint - The article highlights S&P 500 dividend stocks that have experienced significant price declines, presenting them as attractive buying opportunities for long-term investors due to their strong fundamentals and consistent dividend growth. Group 1: Overview of Dividend Stocks - Dividend stocks are powerful wealth compounders, with the S&P 500 index showing over 300% growth in the past 25 years, and total returns exceeding 550% when including reinvested dividends [1] - The article identifies 10 S&P 500 dividend stocks that are currently trading at least 10% below their all-time highs, suggesting they are good buys for long-term holding [2] Group 2: Individual Stock Analysis - **Johnson & Johnson**: Down 11.5%, yield 3.4%, generated $95 billion in free cash flow over five years, returning 60% to shareholders, and has increased dividends for 62 consecutive years [4] - **ExxonMobil**: Down 11.6%, yield 3.7%, generated $55 billion in cash flow from operations in 2024, with a 42-year streak of dividend increases, and focusing on boosting cash flows post-acquisition of Pioneer Natural Resources [5] - **Procter & Gamble**: Down 14%, yield 2.7%, restructuring operations to target mid- to high-single-digit core earnings per share growth, and has increased dividends for 69 consecutive years [6][7] - **NextEra Energy**: Down 19%, yield 3.3%, operates the largest electric utility in America and is the largest producer of wind and solar energy, with over 20 years of dividend increases [8] - **Chevron**: Down 19%, yield 4.8%, has increased dividends for 38 consecutive years, and recently acquired Hess in a $53 billion deal [10] - **American Water Works**: Down 24%, yield 2.4%, serves over 14 million customers, targeting 7% to 9% annual dividend growth [11][13] - **Realty Income**: Down 29%, yield 5.6%, pays monthly dividends and has increased them for 110 consecutive quarters, owning over 15,000 properties [14] - **Oneok**: Down 29%, yield 5%, has a network of pipelines spanning 60,000 miles, targeting 3% to 4% annual dividend growth [15] - **Nucor**: Down 30%, yield 1.7%, America's largest steel company, has increased dividends for 52 straight years, and aims to return at least 40% of earnings to shareholders [16] - **Medtronic**: Down 33%, yield 3.3%, world's largest medical device manufacturer with $33.5 billion in revenue, plans to divest its diabetes business, and is close to becoming a Dividend King [18]

Core Viewpoint - Middlesex Water Company is set to report its financial results for the second quarter of 2025 on July 31, 2025, after market close, with the press release and Form 10-Q available on its website [1] Company Overview - Middlesex Water Company is a leading investor-owned water and wastewater utility in the United States, established in 1897 [2] - The company serves over half a million people in New Jersey and Delaware, focusing on employee engagement, operational excellence, superior customer experience, infrastructure investment, and sustainable growth [2]

Core Viewpoint - H2O America is set to announce its financial results for the second quarter of 2025 on July 28, 2025, with a conference call scheduled for July 29, 2025, to discuss these results [1][2]. Company Overview - H2O America (NASDAQ: HTO) operates as a national investor-owned network of local water and wastewater utilities, focusing on delivering clean, high-quality water to communities [3]. - The company serves over 1.6 million people through its four regional water utilities: Connecticut Water, Maine Water, San Jose Water, and Texas Water [5]. Infrastructure and Community Engagement - H2O America manages approximately 407,000 water and wastewater service connections and invests in critical infrastructure to ensure sustainable water supply for future generations [4]. - The company emphasizes operational excellence and aims to deliver long-term value to its investors while remaining actively engaged in local communities [4].

Core Insights - Global Water Resources, Inc. recognizes Arizona's Assured Water Supply "Ag-to-Urban" program as a transformative development for water sustainability, housing, and economic growth in the state [1] Group 1: Program Overview - The Ag-to-Urban program allows landowners to convert water rights from agricultural to municipal use, facilitating new development while reducing pressure on aquifers [2] - The program is designed to support the conversion of up to 384,000 acres of agricultural land, potentially enabling the construction of over 1 million new homes [5] Group 2: Company Impact - The initiative is expected to significantly benefit Global Water's utilities, GW-Santa Cruz and GW-Palo Verde, which collectively represent over 56,000 active service connections, approximately 87% of the company's total [4] - The program aligns with the company's strategic focus on Total Water Management (TWM), enhancing its ability to serve additional potential service connections [6] Group 3: Water Management and Sustainability - Irrigation for agriculture accounts for about 74% of Arizona's water supply, highlighting the importance of the Ag-to-Urban program in addressing water scarcity [5] - Global Water has been recognized for its effective implementation of TWM, which integrates water, wastewater, and recycled water management to maximize resource use [8]

Core Insights - Global Water Resources, Inc. recognizes Arizona's Assured Water Supply "Ag-to-Urban" program as a transformative development for water sustainability, housing, and economic growth in the state [1] Group 1: Program Overview - The Ag-to-Urban program allows landowners to convert water rights from agricultural to municipal use, facilitating new development while reducing pressure on aquifers [2] - The program is designed to support the conversion of up to 384,000 acres of agricultural land, potentially enabling the construction of over 1 million new homes [5] Group 2: Company Impact - The initiative is expected to significantly benefit Global Water's utilities, GW-Santa Cruz and GW-Palo Verde, which collectively represent over 56,000 active service connections, approximately 87% of the company's total [4] - The program aligns with the company's strategic focus on Total Water Management (TWM), enhancing its ability to serve additional potential service connections [6] Group 3: Water Management and Sustainability - Irrigation for agriculture accounts for about 74% of Arizona's water supply, highlighting the importance of the Ag-to-Urban program in addressing water scarcity [5] - Global Water has been recognized for its effective implementation of TWM, which integrates water, wastewater, and recycled water management to maximize conservation [8]

Core Viewpoint - American States Water Company (AWR) is benefiting from strategic investments in infrastructure and a growing customer base, but its heavy reliance on California for earnings poses challenges [1][5]. Group 1: Positive Factors - AWR's subsidiary, American States Utility Services (ASUS), has successfully begun operating water and wastewater systems at two new military bases, enhancing revenue stability through long-term defense contracts [2]. - ASUS is projected to contribute between 59-63 cents per share to AWR's total earnings for the full year 2025, indicating strong future earnings potential [3]. - The company has approved rate cases for regulated utilities, which will facilitate revenue and earnings growth, with capital expenditures expected to reach $573.1 million from 2025 to 2027 [4]. Group 2: Challenges - AWR's financial performance is significantly tied to California, particularly Southern California, making it vulnerable to various risks including political conditions, water supply issues, and natural disasters [5]. - There is an ongoing risk of groundwater contamination, which may lead to additional costs for AWR in the future [6]. Group 3: Stock Performance - Over the past six months, AWR's stock has increased by 1.7%, while the industry has seen a growth of 13.7% [7]. Group 4: Comparisons with Peers - Other companies in the sector, such as American Water Works (AWK), Essential Utilities (WTRG), and CenterPoint Energy (CNP), have better rankings and growth rates, with AWK showing a long-term earnings growth rate of 7.4% [9][10].

Core Insights - Dividend stocks have significantly outperformed non-dividend payers over the past 50 years, with a 9.2% average annual return compared to 4.3% [1] - Dividend growers and initiators have provided even better returns, averaging 10.2% [1] Company Summaries - **Alphabet**: Despite a low dividend yield of 0.5%, Alphabet has a low valuation and has raised its payout by 5% this year. The company is cash-rich and has strong growth drivers, particularly in AI [4][5] - **American Water Works**: This leading water utility has a dividend yield of 2.3%, nearly double the S&P 500's yield. It pays out 55% to 60% of its earnings in dividends and expects to grow its earnings per share by 7% to 9% annually [6][5] - **Broadcom**: With a dividend yield of 0.9%, Broadcom has consistently raised its payout for 14 years, including an 11% increase last year. The company is experiencing rapid growth in AI semiconductor demand, with AI revenue growing 220% to $12.2 billion [7][8] - **Brookfield Renewable**: This company offers a dividend yield of over 4.5%, supported by stable cash flow. It expects to increase its funds from operations per share by over 10% annually, which will support a dividend increase of 5% to 9% per year [9][10] - **Realty Income**: With a dividend yield of over 5.5%, Realty Income has raised its dividend 131 times since its public listing. The REIT has a strong financial profile and expects to continue delivering a rising income stream [11][12] - **PepsiCo**: The company has a dividend yield of over 4% and has raised its payout for 53 consecutive years. PepsiCo anticipates 4% to 6% annual revenue growth, supporting its dividend increases [13][14] - **Prologis**: This industrial REIT has a dividend yield approaching 4% and has grown its dividend at a 13% compound annual rate over the past five years. Strong demand for warehouse space supports its growth [15][16] - **Johnson & Johnson**: With a dividend yield of over 3%, the company has raised its payout for 63 consecutive years. It generates about $20 billion in free cash flow annually, more than sufficient to cover its dividend [17][18] - **NextEra Energy**: The utility has a 3% dividend yield and has grown its payout at a 10% compound annual rate over the past 20 years. Heavy investments in renewable energy are expected to drive future growth [19][20] - **Visa**: Despite a low dividend yield of 0.7%, Visa has raised its payout at a compound annual rate of over 17% for the past decade and generated nearly $9.5 billion in free cash flow over the last year [21][22]

Summary of California Water Service Group's Scholarship Program Core Viewpoint California Water Service Group has awarded $80,000 in scholarships to thirteen students as part of its commitment to enhance the quality of life for the communities it serves, bringing the total scholarship amount to $839,000 since the program's inception [1][4]. Group 1: Scholarship Recipients - Nine out of the thirteen scholarship recipients are first-generation college students, highlighting the program's impact on underrepresented communities [2]. - The scholarships were awarded based on academic achievement, community service, and financial need, with four students receiving $10,000 each, seven receiving $5,000, and two receiving $2,500 [2][3]. Group 2: Individual Aspirations - Recipients have diverse academic goals, including studying molecular and cellular biology, applied mathematics, biochemistry, economics, and engineering, with aspirations ranging from becoming a physician to working at NASA [3]. - Notable recipients include Princess A., who aims to provide healthcare in underserved areas, and Robert B., who aspires to improve healthcare policy as a U.S. Senator [3]. Group 3: Philanthropic Commitment - The scholarship program is funded by stockholder contributions and is administered by Scholarship America, ensuring that it does not affect customer rates [4]. - California Water Service Group emphasizes its commitment to community well-being and sustainability through responsible investments in infrastructure and initiatives [6]. Group 4: Company Overview - California Water Service Group is the largest regulated water utility operating exclusively in the western United States, serving over 2.1 million people across multiple states [5]. - The company has been recognized for its responsible business practices and commitment to integrity, being named one of "America's Most Responsible Companies" by Newsweek [6].