secwatch.observer — SEC 8-K summary
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Issuer:     CALIFORNIA WATER SERVICE GROUP (CWT)
CIK:        0001035201
Form:       8-K
Filed at:   2026-07-30T01:47:05+00:00
Accession:  0001104659-26-088379
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

California Water Service Q2 net income $56.5M ($0.93/diluted), up 34% YoY; dividend raised 8% to $1.34 annualized
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- Q2 net income $56.5M ($0.93 diluted) vs $42.2M ($0.71) YoY; revenue $308.6M vs $265.0M.
- Board declares $0.3350 quarterly dividend, 8% annual increase to $1.34; 326th consecutive quarterly dividend.
- Record infrastructure investment of $147M in Q2, $276.4M YTD; full-year 2026 capex up to $627M.
- CPUC final decision on 2024 CA GRC authorizes rate increases: $90.5M (10.9%) in 2026, $43.2M in 2027, $48.9M in 2028.
- Acquisition of Nexus Water Group's NV/OR systems for ~$218M (36,000 customer equivalents) on track; regulatory applications filed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035201/000110465926088379/0001104659-26-088379-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035201/000110465926088379/tm2621659d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-088379

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