This Dividend King of Kings Has Increased Its Dividend for 70 Consecutive Years. Can That Streak Continue?
Briefly

American States Water (AWR), a reliable utility company founded in 1929, has a remarkable track record of consistently increasing its dividends, with its latest being $0.4655 per share. This marks a significant milestone at its 355th consecutive dividend payment. The company demonstrates strong growth potential facilitated by its regulated market operations, which contribute to its stable cash flows and strategic planning of capital expenditures. With a historical average annual return of 16% since 2015, American States Water is well-positioned for sustainable growth through its infrastructure and contracted services business, ASUS.
American States Water has a long-standing history of increasing dividends, having recently approved its 355th consecutive payment of $0.4655 per share.
The company, operational since 1929, shows strong growth potential through its utilities, with a track record of delivering significant shareholder returns over the years.
Read at 24/7 Wall St.
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