dividend
confidence high
sentiment positive
materiality 0.55
CWT declares $0.30 quarterly dividend ($1.20 annualized) and $0.04 special dividend, payable Feb 21
CALIFORNIA WATER SERVICE GROUP
- Quarterly dividend of $0.30 per share, reflecting $0.08 annual increase to $1.20 annual dividend (58th consecutive annual increase).
- One-time special dividend of $0.04 per share, payable on February 21, 2025 to holders of record February 10, 2025.
- Special dividend results from moderating the 2023 annual dividend due to delay in the 2021 General Rate Case.
- 320th consecutive quarterly dividend; total per-share payout on February 21 is $0.34.