Yesterday, the Board of Directors of American States Water Company
(NYSE:AWR) approved a quarterly dividend of $0.224 per share on the
Common Shares of the company. This action marks the 319th
consecutive dividend payment by the company. For 61 consecutive years,
American States Water Company shareholders have received an increase in
their calendar year dividend.
Dividends on the Common Shares will be payable on March 1, 2016 to
shareholders of record at the close of business on February 16, 2016.
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 260,000 customers located within 75 communities throughout
10 counties in Northern, Coastal and Southern California. The company
also distributes electricity to approximately 24,000 customers in the
City of Big Bear and surrounding areas in San Bernardino County,
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 through 50-year
privatization contracts with the U.S. government.
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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