secwatch.observer — SEC 8-K summary
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Issuer:     CALIFORNIA WATER SERVICE GROUP (CWT)
CIK:        0001035201
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0001104659-25-017914
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cal Water reports FY2024 EPS $3.25 (up from $0.91); record $471M capex; dividend raised to $1.24 annual
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- Full year 2024 operating revenue $1.037B (+30.5% YoY); diluted EPS $3.25 vs $0.91 in 2023.
- Record capital investment $471.0M in infrastructure, up 23% YoY.
- CPUC authorized postponement of 2025 Cost of Capital application to May 2026; maintains 10.27% ROE.
- Declared 320th consecutive quarterly dividend of $0.30 plus $0.04 special; annual dividend rises to $1.24.
- FY2024 results include $87.5M of 2023 interim rate relief revenue from 2021 GRC adoption in Q1 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035201/000110465925017914/0001104659-25-017914-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035201/000110465925017914/tm257752d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-017914

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