Trailing Dividend / Share
$1.93
American States Water Company (AWR) Dividend History
Income profile from 1985 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.3%
Payout Ratio
57.2%
Sustainable
Dividend Streak
24 years
AWR Dividend Income Check
Safety
57.2% payout ratio with sustainable safety profile.
Consistency
24 straight years of dividend increases.
Income Trend
Yield on cost is 2.5% and trend is rising.
AWR Dividend Scorecard
Yield & Income
Dividend Yield2.3%
Trailing DPS$1.93
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout57.2%
Earnings SafetySustainable
FCF Payout199.1%
FCF SafetyStretched
Piotroski F-Score6/9
Growth
Growth Streak24 years
3Y CAGR8.3%
5Y CAGR8.7%
Yield on Cost (5Y)2.5%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield2.3%
1Y Total Return11.4%
5Y Total Return11.0%
Div Contribution (5Y)10.5%
Estimated $10K growth (return + dividends):
5Y ago$11,05410Y ago$22,37920Y ago$56,961
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
AWR Income Growth Story
Dividend per share and yield on cost over time (42 years of payments)
AWR Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Dividend Analysis
Payout Safety
American States Water Company distributes 57.2% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 199.1%, rated "Stretched".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
AWR has raised its dividend for 24 consecutive years, with a 3-year CAGR of 8.3% and 5-year CAGR of 8.7%.
Total Shareholder Returns
Beyond cash dividends, AWR returns capital through share repurchases. The combined picture: 2.3% dividend yield, 2.3% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.5% and is currently rising. The 5-year total return is 11.0%, with dividends contributing 10.5% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $22,379 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
AWR Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$8.65
Avg/Payment$0.4324
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 18, 2026Latest | $0.5040 | — | 2.66% | Jun 2, 2026 |
| Feb 23, 2026 | $0.5040 | — | 2.69% | Mar 5, 2026 |
| Nov 14, 2025 | $0.5040 | — | 2.60% | Dec 2, 2025 |
| Aug 15, 2025 | $0.5040 | ↑ +8.3% | 2.54% | Sep 3, 2025 |
| May 19, 2025 | $0.4655 | — | 2.32% | Jun 3, 2025 |
| Feb 18, 2025 | $0.4655 | — | 2.44% | Mar 3, 2025 |
| Nov 15, 2024 | $0.4655 | — | 2.11% | Dec 2, 2024 |
| Aug 16, 2024 | $0.4655 | ↑ +8.3% | 2.13% | Sep 3, 2024 |
AWR Dividend vs Peers
Comparable companies in the same industry
#8 yield in peer group
Div Yield
2.3%
#8 of 9
Safety
Sustainable
57.2% payout
Streak
24Y
8.7% 5Y CAGR
Total Shareholder
2.3%
#8 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| AWRAmerican States Wate… | $3.3B | 2.3% | 57.2% | 24 | Sustainable |
3rd  WTRGEssential Utilities,… | $11.1B | 3.4% | 60.6% | 34 | Watch |
 CWTCalifornia Water Ser… | $3.0B | 2.5% | 57.6% | 27 | Sustainable |
 MSEXMiddlesex Water Comp… | $1.0B | 2.5% | 58.2% | 22 | Sustainable |
 YORWThe York Water Compa… | $440M | 2.9% | 62.9% | 29 | Watch |
2nd  ARTNAArtesian Resources C… | $352M | 3.6% | 55.5% | 32 | Sustainable |
 AWKAmerican Water Works… | $26.3B | 2.4% | 57.0% | 18 | Sustainable |
1st  GWRSGlobal Water Resourc… | $202M | 4.3% | 2.8% | 12 | Sustainable |
 XYLXylem Inc. | $28.7B | 1.3% | 40.9% | 15 | Sustainable |
AWR Annual Dividend History (1985–2026)
42 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.01 | — | 2 | — | — | — | 1.3% |
| 2025 | $1.94 | 8.3% | 4 | $3.37 | 57.5% | 1.74x | 2.5% |
| 2024 | $1.79 | 8.2% | 4 | $3.17 | 56.5% | 1.77x | 2.3% |
| 2023 | $1.66 | 8.5% | 4 | $3.36 | 49.3% | 2.03x | 2.1% |
| 2022 | $1.52 | 8.9% | 4 | $2.11 | 72.3% | 1.38x | 2.0% |
| 2021 | $1.40 | 9.4% | 4 | $2.55 | 54.9% | 1.82x | 1.8% |
| 2020 | $1.28 | 10.3% | 4 | $2.33 | 54.9% | 1.82x | 1.6% |
| 2019 | $1.16 | 9.4% | 4 | $2.28 | 50.9% | 1.97x | 1.5% |
| 2018 | $1.06 | 6.6% | 4 | $1.73 | 61.3% | 1.63x | 1.4% |
| 2017 | $0.99 | 8.8% | 4 | $1.88 | 52.9% | 1.89x | 1.3% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
41+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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AWR — Frequently Asked Questions
Quick answers to the most common questions about buying AWR stock.
How much dividend does AWR pay per share?
American States Water Company (AWR) pays a trailing 12-month dividend of $1.93 per share, with a current dividend yield of +2.3%. Payments are made Semi-Annual.
When is AWR's next ex-dividend date?
AWR's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. AWR typically pays dividends Semi-Annual.
Is AWR's dividend safe?
AWR's dividend safety is rated "Sustainable" based on an earnings payout ratio of +57.2% and FCF payout ratio of +199.1%. With 24 consecutive years of dividend growth, the track record supports sustainability.
Is AWR a Dividend Achiever?
Yes, American States Water Company is classified as a Dividend Achiever with 24 consecutive years of dividend increases. The 5-year dividend CAGR is +8.7%, demonstrating above-inflation dividend growth.
How often does AWR pay dividends?
American States Water Company pays dividends Semi-Annual. The trailing 12-month total is $1.93 per share. Dividend data on this page covers 41+ years from 1985 to 2026.
How much would $10,000 invested in AWR grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in AWR five years ago would be worth approximately $11,054 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is AWR's yield on cost for long-term holders?
AWR's yield on cost — the current dividend divided by the original purchase price — is +2.5% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.3% market yield, thanks to consistent dividend growth.