Today, the Board of Directors of American States Water Company
(NYSE:AWR) approved a quarterly dividend of $0.213 per share on the
Common Shares of the Company. This action marks the 316th
consecutive dividend payment by the Company. For 60 consecutive years,
American States Water Company shareholders have received an increase in
their aggregate annual dividend.
Dividends on the Common Shares will be payable on June 1, 2015 to
shareholders of record at the close of business on May 15, 2015.
American States Water Company is the parent of Golden State Water
Company and American States Utility Services, Inc. Through its utility
subsidiary, Golden State Water Company, AWR provides water service to
approximately 258,000 customers throughout 10 counties in Northern,
Coastal and Southern California. The company also distributes
electricity to approximately 24,000 customers in the Big Bear
recreational area of California. Through its contracted services
subsidiary, American States Utility Services, Inc., the company provides
operations, maintenance and construction management services for water
and wastewater systems located on military bases throughout the country
under 50 year privatization contracts.
American States Water Company has paid dividends to shareholders every
year since 1931, increasing the dividends received by shareholders each
calendar year since 1954.
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