California Water Service Group Increases Quarterly Dividend $CWT



  • California Water Service (NYSE:CWT) declares $0.1975/share quarterly dividend, 5.3% increase from prior dividend of $0.1875.
  • Forward yield 1.69%
  • Payable Feb. 22; for shareholders of record Feb. 11; ex-div Feb. 8.



At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 296th consecutive quarterly dividend, increasing the annual dividend from $0.75 to $0.79. This represents the company's 52nd consecutive annual dividend increase. The quarterly dividend of $0.1975 per common share will be payable on February 22, 2019, to stockholders of record on February 11, 2019.

For more information, visit www.calwatergroup.com


According to the list of U.S. Dividend Champions, California Water Service Group is a Dividend Champions. CWT has a 51-year dividend raising streak.

Dividend Growth Rates
DGR
DGR
DGR
DGR
1-yr
3-yr
5-yr
10-yr
4.3
3.5
2.7
2.2






Dividend Yield Chart:



California Water Service Group stock dividend yield is close to 10-year low.


Payout Ratio:



This is the historical payout ratio of California Water Service Group. If payout ratio is close to or higher than 100%, dividends might not be sustainable.


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