Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does American States Water (AWR) have what it takes?
American States Water exemplifies reliability, boasting a 71-year dividend growth streak and consistent operational excellence. AWR delivered solid Q1 2026 results, with 14.3% revenue growth and 8.6% EPS growth, driven by rate increases and infrastructure investments. Shares are fairly valued. AWR is a wonderful company at a fair price.
The utility sector sell-off narrative pivots on a “cost of capital lag,” with critics warning that rising expenses will outpace rate adjustments and squeeze payouts.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 193 | $14,384.06 | $16,493.78 | $2,109.72 | 14.67% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 200 | $14,496 | $17,092 | $2,596 | 17.91% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 659 | $50,796.28 | $56,252.24 | $5,455.96 | 10.74% |
| JS Jason Skolnick FIRST NATIONAL Corp. /MA/ /ADV | 23,673 | $1.86M | $2.02M | $166,183.26 | 8.95% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 6,161 | $466,658.73 | $525,779.74 | $59,121.01 | 12.67% |
| Water Utilities Industry | Utilities Sector | Robert J. Sprowls CEO | NYSE Exchange | 029899101 CUSIP |
| US Country | 900 Employees | 18 May 2026 Last Dividend | 4 Sep 2013 Last Split | 26 Mar 1990 IPO Date |
American States Water Company, with its foundation rooted in 1929, has emerged as a pivotal provider of water and electric services across the United States, specifically focusing its operations within California. Through its subsidiaries, the company orchestrates a comprehensive suite of services catering to the needs of residential, commercial, industrial, and other segments of customers. The organizational structure of American States Water Company is strategically divided into three main segments: Water, Electric, and Contracted Services, enabling it to cover a broad spectrum of utility needs. With its headquarters established in San Dimas, California, the company is committed to ensuring the provision of essential resources to its customer base, which includes over 263,265 water service customers across 10 counties in California and approximately 24,705 electricity distribution customers in San Bernardino County mountain communities. Beyond its core services, the company extends its specialized capabilities to the management, operation, maintenance, and construction of water and/or wastewater systems for military installations, demonstrating its versatility and commitment to critical infrastructure support.
American States Water Company excels in the purchase, production, distribution, and sale of water. The company's water service is pivotal, serving a significant number of customers across various counties in California. This comprehensive water service encompasses the entire water supply chain, from sourcing and treatment to the delivery of clean, potable water to homes, businesses, and industries.
The electricity distribution sector of American States Water Company is dedicated to ensuring uninterrupted electric services to communities within the San Bernardino County mountain area. Through robust distribution networks, the company plays a critical role in powering residential and commercial establishments in these geographic locales, highlighting its integral role in maintaining essential utility services.
A distinct facet of American States Water Company's service portfolio is its contracted services, particularly focused on water and wastewater management for military installations. This service includes the operation, maintenance, and construction of water and wastewater systems, which is vital for the sustainability and efficiency of military bases. This underscores the company's capability and commitment to managing complex infrastructure projects and ensuring quality utility services, even in specialized and demanding environments.