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California Water Service Group (CWT) Dividend Yield, Date & History

California Water Service Group logo
$46.00 +0.08 (+0.17%)
(As of 12/20/2024 04:32 PM ET)

California Water Service Group Dividend Summary

Dividend Yield
2.43%
Annual Dividend
$1.12
Recent
Dividend Payment
Nov. 22
Dividend Increase
Track Record
58 Years
Annualized 3-Year
Dividend Growth
6.96%
Dividend Payout Ratio
32.37%

California Water Service Group (CWT) pays an annual dividend of $1.12 per share, with a dividend yield of 2.43%. The next quarterly payment of $0.28 per share was paid on Friday, November 22, to investors who owned the stock before the ex-dividend date of Tuesday, November 12. CWT has grown its dividend for 58 consecutive years, with an average annual increase of 2.27%. The company currently pays out 32.37% of its earnings and 39.15% of its cash flow as dividends.

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CWT Dividend Payments by Quarter

The chart below displays up to four years of California Water Service Group's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

CWT Dividend Yield Over Time

The chart below tracks California Water Service Group's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

California Water Service Group vs. The Competition

Compare California Water Service Group's annual dividend, yield, and 3-year growth rate with averages for Utilities and NYSE companies to evaluate its performance against the market.

TypeCalifornia Water Service GroupUtilities CompaniesNYSE Companies
Annual Dividend$1.12$0.04$1.39
Dividend Yield2.43%4.07%3.58%
Annualized 3-Year Dividend Growth6.96%1.33%15.78%
Track Record58 years28 years24 years

California Water Service Group Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings32.37%
Based on This Year's Estimate34.04%
Based on Next Year's Estimate47.66%
Based on Cashflow39.15%

California Water Service Group Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/30/2024Quarterly$0.28 - 2.16%11/12/202411/12/202411/22/2024
7/31/2024quarterly$0.28 - 2.1%8/12/20248/12/20248/23/2024
7/31/2024quarterly$0.28 - 2.1%8/12/20248/12/20248/23/2024
4/24/2024Quarterly$0.28-$0.84
75.00%
2.33%5/3/20245/6/20245/17/2024
1/25/2024quarterly$1.12+$0.86
330.77%
9.78%2/9/20242/12/20242/23/2024
10/25/2023quarterly$0.26 - 2.24%11/3/202311/6/202311/17/2023
7/26/2023quarterly$0.26 - 1.97%8/4/20238/7/20238/18/2023
4/26/2023quarterly$0.26 - 1.82%5/5/20235/8/20235/19/2023
1/25/2023quarterly$0.26+$0.01
4.00%
1.66%2/3/20232/6/20232/17/2023

This table shows California Water Service Group's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

California Water Service Group Dividend - Frequently Asked Questions

The current dividend yield for California Water Service Group is 2.43%. Learn more on CWT's dividend yield history.

The annual dividend for CWT shares is $1.12. Learn more on CWT's annual dividend history.

California Water Service Group pays quarterly dividends to shareholders.

California Water Service Group's most recent quarterly dividend payment of $0.28 per share was made to shareholders on Friday, November 22, 2024.

California Water Service Group's most recent ex-dividend date was Tuesday, November 12, 2024.

Over the past three years, the company's dividend has grown by an average of 6.96% per year.

California Water Service Group has increased its dividend for the past 58 consecutive years.

The most recent change in the company's dividend was a decrease of $0.84 on Wednesday, April 24, 2024.

The dividend payout ratio for CWT is:
  • 32.37% based on the trailing year of earnings
  • 34.04% based on this year's estimates
  • 47.66% based on next year's estimates
  • 39.15% based on cash flow

California Water Service Group's dividend yield of 2.34% is lower than the average Utilities company that issues a dividend. The company's 58 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. California Water Service Group's dividend payout ratio of 32.37% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate California Water Service Group stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:CWT) was last updated on 12/21/2024 by MarketBeat.com Staff
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