secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN STATES WATER CO (AWR)
CIK:        0001056903
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001628280-24-005932
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AWR Q4 2023 EPS $0.55 (+10% YoY); full-year adj. EPS $2.85; dividend up to $0.43/qtr
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- Q4 2023 GAAP diluted EPS $0.55 vs $0.50 prior year; adjusted Q4 EPS $0.55 vs $0.53.
- Full-year 2023 GAAP EPS $3.36 vs $2.11; adjusted EPS $2.85 vs $2.24, up $0.41 (17.5%).
- Water utility spent $175.7M in company-funded capex in 2023 (historic high); filed new GRC with $611.4M infrastructure plan for 2025-2027.
- Quarterly dividend increased 8.2% to $0.43/share; five-year CAGR of 9.4%.
- CPUC approved deferral of next cost of capital filing to 2025; ROE for 2024 set at 10.06% via WCCM.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056903/000162828024005932/0001628280-24-005932-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056903/000162828024005932/awr-20240221.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-005932

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