California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. It offers its services to approximately 494,500 customer connections in 100 California communities; approximately 6,200 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,400 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,600 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. The company also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, it offers wastewater collection and treatment services. The company was founded in 1926 and is headquartered in San Jose, California.
California Water Service Dividend Announcement
• California Water Service announced a quarterly dividend of $0.28 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-12
• California Water Service annual dividend for 2024 was $1.12
• California Water Service annual dividend for 2023 was $1.04
• California Water Service's trailing twelve-month (TTM) dividend yield is 1.69%
• California Water Service's payout ratio for the trailing twelve months (TTM) is 31.70%
• California Water Service's dividend growth over the last five years (2018-2023) was 6.76% year
• California Water Service's dividend growth over the last ten years (2013-2023) was 4.97% year
California Water Service Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-12 | $0.28 | quarterly | 2024-11-22 |
2024-08-12 | $0.28 | quarterly | 2024-08-23 |
2024-05-03 | $0.28 | quarterly | 2024-05-17 |
2024-02-09 | $0.28 | quarterly | 2024-02-23 |
2023-11-03 | $0.26 | quarterly | 2023-11-17 |
2023-08-04 | $0.26 | quarterly | 2023-08-18 |
2023-05-05 | $0.26 | quarterly | 2023-05-19 |
2023-02-03 | $0.26 | quarterly | 2023-02-17 |
2022-11-04 | $0.25 | quarterly | 2022-11-18 |
2022-08-05 | $0.25 | quarterly | 2022-08-19 |
2022-05-06 | $0.25 | quarterly | 2022-05-20 |
2022-02-04 | $0.25 | quarterly | 2022-02-18 |
2021-11-05 | $0.23 | quarterly | 2021-11-19 |
2021-08-06 | $0.23 | quarterly | 2021-08-20 |
2021-05-07 | $0.23 | quarterly | 2021-05-21 |
2021-02-05 | $0.23 | quarterly | 2021-02-19 |
2020-11-06 | $0.21 | quarterly | 2020-11-20 |
2020-08-07 | $0.21 | quarterly | 2020-08-21 |
2020-05-08 | $0.21 | quarterly | 2020-05-22 |
2020-02-07 | $0.21 | quarterly | 2020-02-21 |
2019-11-07 | $0.20 | quarterly | 2019-11-22 |
2019-08-09 | $0.20 | quarterly | 2019-08-23 |
2019-05-03 | $0.20 | quarterly | 2019-05-17 |
2019-02-08 | $0.20 | quarterly | 2019-02-22 |
2018-11-08 | $0.19 | quarterly | 2018-11-23 |
2018-08-03 | $0.19 | quarterly | 2018-08-17 |
2018-05-04 | $0.19 | quarterly | 2018-05-18 |
2018-02-09 | $0.19 | quarterly | 2018-02-23 |
2017-11-03 | $0.18 | quarterly | 2017-11-17 |
2017-08-03 | $0.18 | quarterly | 2017-08-18 |
2017-05-04 | $0.18 | quarterly | 2017-05-19 |
2017-02-02 | $0.18 | quarterly | 2017-02-17 |
2016-11-03 | $0.17 | quarterly | 2016-11-18 |
2016-08-04 | $0.17 | quarterly | 2016-08-19 |
2016-05-05 | $0.17 | quarterly | 2016-05-20 |
2016-02-04 | $0.17 | quarterly | 2016-02-19 |
2015-11-05 | $0.17 | quarterly | 2015-11-20 |
2015-08-06 | $0.17 | quarterly | 2015-08-21 |
2015-05-07 | $0.17 | quarterly | 2015-05-22 |
2015-02-05 | $0.17 | quarterly | 2015-02-20 |
2014-11-06 | $0.16 | quarterly | 2014-11-21 |
2014-08-07 | $0.16 | quarterly | 2014-08-22 |
2014-05-08 | $0.16 | quarterly | 2014-05-23 |
2014-02-06 | $0.16 | quarterly | 2014-02-21 |
2013-11-07 | $0.16 | quarterly | 2013-11-25 |
2013-08-08 | $0.16 | quarterly | 2013-08-23 |
2013-05-02 | $0.16 | quarterly | 2013-05-17 |
2013-02-07 | $0.16 | quarterly | 2013-02-22 |
California Water Service Dividend per year
California Water Service Dividend growth
California Water Service Dividend Yield
California Water Service current trailing twelve-month (TTM) dividend yield is 1.69%. Interested in purchasing California Water Service stock? Use our calculator to estimate your expected dividend yield:
California Water Service Financial Ratios
California Water Service Dividend FAQ
Other factors to consider when evaluating California Water Service as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: California Water Service's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, California Water Service publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, California Water Service distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from California Water Service are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: California Water Service sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, California Water Service distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: California Water Service declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of California Water Service's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review California Water Service's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.