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).
California Water Service Group declares $0.28 quarterly dividend, 57th consecutive annual increase
Quarterly dividend of $0.28 per share declared, payable May 17, 2024 to holders of record May 6, 2024.
Cal Water secures $83M state funding to clear customer pandemic-era past-due balances
Total $103.9M received from state programs; $20.8M earlier under Original Program, $83M under Extended Program.
CPUC adopts decision on Cal Water's 2021 rate case; approves $1.21B infrastructure investment
CPUC increases 2023 adopted revenues by ~$39.2M retroactive to Jan 1, 2023; up to $32.2M for 2024 and $31.7M for 2025.
California Water Service Group reports 2023 EPS $0.91, down 48.4% YoY; regulatory delay persists
Net income $51.9M, diluted EPS $0.91 vs $1.77 in 2022 (down 48.4%).
CPUC grants Cal Water one-year extension on cost of capital filing to May 1, 2025
CPUC granted joint request from Cal Water and three other Class A water utilities for one-year extension on cost of capital filing.
CPUC issues proposed and alternate decisions in Cal Water's 2021 general rate case
CPUC Administrative Law Judges issued a proposed decision; Commissioner issued an alternate proposed decision on Jan 24, 2024.
Annual dividend increased to $1.12 per share from $1.04; quarterly dividend $0.28 per share.
California Water Service appoints James P. Lynch as CFO/Treasurer
James P. Lynch appointed SVP, CFO and Treasurer effective Jan 3, 2024.
CWT adds former Metropolitan Water District CEO Jeffrey Kightlinger to board
Board size increased to 11; Kightlinger effective Nov 1, 2023.
CWT Q3 2023 EPS $0.60 vs $1.03 YoY; CPUC delay hits revenue $14M-$27M
Net income $34.4M, diluted EPS $0.60 vs $55.9M, $1.03 YoY.
California Water Service declares $0.26 quarterly dividend, payable Nov 17
Board declared a quarterly dividend of $0.26 per common share, payable November 17, 2023.
Cal Water files CPUC advice letter; ROE rises to 10.27% effective Jan 1, 2024
Authorized ROE increases 70 bps to 10.27% from 9.57% effective Jan 1, 2024.
Washington Water Service gets $2.125M annual revenue increase from Washington UTC
Approved $2.125M annual revenue increase effective July 28, 2023, reflecting infrastructure upgrades and higher operating costs.
Cal Water Q2 net income down 51% to $9.6M; $0.17 EPS vs $0.36; GRC delay cuts revenue by $19M-$29M
Diluted EPS $0.17 vs $0.36 YoY; net income $9.6M vs $19.5M; revenue $194M (-5.9%).
California Water Service declares $0.26 quarterly dividend, 314th consecutive
Dividend of $0.26 per common share declared on July 26, 2023.
Washington Water Service completes acquisition of Stroh's Water Company
Washington Water, a CWT subsidiary, acquired Stroh's Water Company’s water system assets.
Board increased from 9 to 10 directors; Charles R. Patton elected effective July 1, 2023.
CPUC approves cost of capital for Cal Water; authorized return drops to 7.08%
CPUC sets initial ROE of 9.05%; WCCM trigger allows filing for 9.57% ROE.
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
On January 3, 2024, the Board of Directors of California Water Service Group (the “Company”) appointed James P. Lynch to serve as Senior Vice President, Chief Financial Officer and Treasurer.
elect Jeffrey Kightlinger to the Board, effective November 1, 2023
voted to increase the size of the Board from nine to ten directors and to elect Charles R. Patton to the Board, effective July 1, 2023.
On May 26, 2023, Thomas F. Smegal III, Vice President, Chief Financial Officer and Treasurer notified the California Water Service Group (the “Company”) of his intention to retire from his position as Chief Financial Officer effective May 31, 2023.
On May 26, 2023, Robert J. Kuta, Vice President, Engineering & Chief Water Quality & Environmental Compliance Officer notified the Company of his intention to leave the Company effective May 31, 2023 to pursue other opportunities that better suit the needs of his family.
On May 31, 2023, the Board of Directors (the “Board”) appointed David B. Healey, 66, to serve as Interim Vice President, Chief Financial Officer and Treasurer, while the Board evaluates candidates for the permanent position.
Paul G. Townsley, Vice President, Corporate Development, notified the California Water Service Group (the “Company”) of his intention to retire effective May 1, 2023
Thomas A. Scanlon, age 59, will serve as the Company’s next Controller and Principal Accounting Officer effective January 1, 2023.
David B. Healey, Vice President, Controller and Principal Accounting Officer, who notified the Company on June 22, 2022 of his intention to retire at the end of the year.
On September 30, 2022, Lynne P. McGhee, Vice President, General Counsel, notified the California Water Service Group (the “Company”) of her intention to retire effective after the close of business on March 31, 2023 (the “retirement date”), with 19 years of service.
Peter C. Nelson, who, in accordance with the Board’s retirement age policy, will be retiring as a director at the 2023 Annual Meeting.
Max materiality 0.90 · Median 0.53 · Most common event dividend