California Water Service (CWT)
California Water Service (CWT) is a publicly traded utility company that provides water utility services to residential, commercial, and industrial customers primarily in California and several other states. Founded in 1926, it is one of the largest publicly owned water utilities in the United States, focusing on water treatment, distribution, and infrastructure management to ensure safe and reliable water supply.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| August 22, 2025 | $0.30 | 2025-08-11 | 2025-08-11 |
| May 23, 2025 | $0.30 | 2025-05-12 | 2025-05-12 |
| February 21, 2025 | $0.04 | 2025-02-10 | 2025-02-10 |
| February 21, 2025 | $0.30 | 2025-02-10 | 2025-02-10 |
| November 22, 2024 | $0.28 | 2024-11-12 | 2024-11-12 |
Dividends Summary
- California Water Service has issued 88 dividend payments over the past 21 years
- The most recent dividend was paid 29 days ago, on August 22, 2025
- The highest dividend payed out to investors during this period was $0.3075 per share
- The average dividend paid during this period was $0.23 per share.
Company News
California Water Service has increased rebates for water conservation products, offering higher incentives for residential and commercial water-efficient devices like toilets, clothes washers, and lawn conversions to encourage water savings.
California Water Service Group announced its 322nd consecutive quarterly dividend of $0.30 per common share, payable on August 22, 2025, to stockholders of record as of August 11, 2025.
American Water Works' subsidiary, New Jersey American Water, will invest $8.5 million to replace aging water mains in Monmouth County, New Jersey, to improve water service reliability. The investment is part of the company's broader efforts to upgrade critical infrastructure and maintain high-quality services for its residential and commercial customers.
California Water Service (Cal Water) has proposed over $1.6 billion in infrastructure improvements across its California districts for 2025 to 2027, focusing on replacing aging water pipelines and enhancing the reliability of the water supply. The plan aims to improve water quality, delivery, and resilience against power outages.
The market is making a mistake by undervaluing these companies.
