Ronald D. Webb
Ronald D. Webb, Vice President, Chief Human Resource Officer, notified the California Water Service Group (the “Company”) of his intention to retire effective after the close of business on March 31, 2025
Highest-materiality recent filing
All 11 director nominees elected, with votes for ranging from 47.5M to 49.5M; broker non-votes of 4.6M.
Tamara S. Johnson promoted to newly created VP, California Operations, effective July 1, 2026.
Company-wide revenue increase of $90.5M (10.9%) in 2026, $43.2M (4.7%) in 2027, $48.9M (5.1%) in 2028.
Q1 2026 net income $4.0M ($0.07 diluted EPS) vs $13.3M ($0.22) in Q1 2025; revenue up to $214.6M from $204.0M.
CWT declares regular quarterly dividend of $0.3350 per share
Board declared $0.3350 per share quarterly dividend payable May 22, 2026.
The PD authorizes additional revenues of $92.3M (11.1% increase) in 2026, $50.8M (5.5%) in 2027, and $52.4M (5.4%) in 2028.
California Water Service VP Rates & Regulatory Affairs plans retirement
Greg Milleman, VP Rates and Regulatory Affairs, announced retirement on March 2, 2026; effective date TBD.
Q4 2025 net income fell 42% to $11.5M ($0.19 per share) as wet December weather reduced customer consumption.
Quarterly dividend of $0.3350 per share payable Feb 20, 2026 to holders of record Feb 9, 2026.
CPUC grants Cal Water one-year extension on cost of capital filing to May 1, 2027
CPUC order maintains Cal Water's ROE at 10.27%, cost of debt at 4.23%, capital structure 53.40% equity / 46.60% debt.
CWT Q3 net income $61.2M, EPS $1.03; revenue up 3.9% to $311.2M; 58th year of dividend increases
Q3 net income $61.2M ($1.03 diluted EPS), flat YoY; YTD GAAP net income down 31.8% due to 2023 interim rate relief in 2024.
CWT declares $0.30 quarterly dividend, 323rd consecutive payout
Quarterly dividend of $0.30 per common share declared.
California Water Service Group issues $370M in notes and bonds to refinance debt
Sold $70M 4.87% Senior Notes Series A due 2032 and $100M 5.22% Senior Notes Series B due 2035.
California Water Service Group Q2 net income $42.2M ($0.71 EPS); revenue up 8.5% to $265M
Q2 2025 net income $42.2M ($0.71 diluted EPS) vs Q2 2024 $40.6M ($0.70 EPS), up 3.9%.
California Water Service Group declares $0.30 quarterly dividend; 322nd consecutive payment
Quarterly dividend of $0.30 per share declared on July 30, 2025.
S&P Global Affirms A+/Stable Credit Rating for Cal Water, California Water Service Group Subsidiary
S&P Global retained A+/Stable rating for California Water Service (Cal Water), Group's largest subsidiary.
California Water Service Group elects directors, approves say-on-pay, ratifies auditor
All 11 director nominees elected; votes ranged from ~46.1M to ~48.2M in favor.
California Water Service Group files $350M ATM equity distribution agreement
Company may sell up to $350M of common stock through agents Baird, BofA, Morgan Stanley, Wells Fargo, Janney, RBC, Blaylock Van, and Ramirez.
California Water Service Group reports Q1 2025 results; detailed figures unavailable
Company issued press release on May 1, 2025 for first quarter ended March 31, 2025.
California Water Service declares $0.30 quarterly dividend, 321st consecutive
Quarterly dividend of $0.30 per common share declared by the Board.
Full year 2024 operating revenue $1.037B (+30.5% YoY); diluted EPS $3.25 vs $0.91 in 2023.
CWT declares $0.30 quarterly dividend ($1.20 annualized) and $0.04 special dividend, payable Feb 21
Quarterly dividend of $0.30 per share, reflecting $0.08 annual increase to $1.20 annual dividend (58th consecutive annual increase).
CPUC grants Cal Water one-year extension for cost of capital filing to May 1, 2026
CPUC approved joint request from Cal Water and three other Class A water companies for extension.
California Water Service Group declares $0.28 quarterly dividend (319th consecutive)
Dividend of $0.28 per common share declared by Board on October 30, 2024.
California Water Service Q3 EPS $1.03 vs $0.60 YoY; revenue $299.6M up 17.5%
Net income $60.7M vs $34.4M; record $332.2M capex through nine months, up 21%.
Cal Water subsidiary issues $125M 5.22% First Mortgage Bonds due 2054
Issued $125M aggregate principal of 5.22% First Mortgage Bonds due October 22, 2054 (Series 2).
California Water Service Group CHRO Ronald D. Webb to retire by March 31, 2025
Ronald D. Webb, VP and Chief Human Resource Officer, notified retirement effective March 31, 2025 after 10 years of service.
California Water Service Q2 EPS $0.70 vs $0.17 YoY; files $1.6B GRC plan
Diluted EPS $0.70 (Q2 2024) vs $0.17 (Q2 2023); net income $40.6M vs $9.6M. Revenue $244.3M vs $194.0M.
California Water Service Group declares Q3 dividend of $0.28/share, 318th consecutive quarterly
Dividend of $0.28 per common share declared on July 31, 2024.
Cal Water filed GRC with CPUC proposing $1.6B infrastructure investment (2025-2027), $1.3B new capital.
California Water Service Group stockholders elect directors, approve executive pay and equity plan
All 11 director nominees elected; votes for ranged from 45.9M to 47.9M; broker non-votes 4.2M.
California Water Service Group Q1 EPS $1.21 vs loss $0.40; 2021 GRC decision boosts revenue $111.8M
Net income $69.9M vs ($22.2M); diluted EPS $1.21 vs ($0.40).
Ronald D. Webb, Vice President, Chief Human Resource Officer, notified the California Water Service Group (the “Company”) of his intention to retire effective after the close of business on March 31, 2025
Max materiality 0.90 · Median 0.53 · Most common event earnings