SAN DIMAS, Calif.--(BUSINESS WIRE)--May 1, 2017--
On May 1, 2017, the Board of Directors of American States Water Company
(NYSE:AWR) approved a quarterly dividend of $0.242 per share on the
Common Shares of the company. This action marks the 324th
consecutive dividend payment by the company. For 62 consecutive years,
American States Water Company shareholders have received an increase in
their calendar year dividend, which places it in an exclusive group of
companies on the New York Stock Exchange that have achieved that result.
Dividends on the Common Shares will be payable on June 1, 2017 to
shareholders of record at the close of business on May 15, 2017.
About American States Water Company
American States Water Company is the parent of Golden State Water
Company and American States Utility Services, Inc. Through its utility
subsidiary, Golden State Water Company, AWR provides water service to
approximately 261,000 customers located throughout 10 counties in
Northern, Coastal and Southern California. The company also distributes
electricity to approximately 24,000 customers in the City of Big Bear
and surrounding areas in San Bernardino County, California. Through its
contracted services subsidiary, American States Utility Services, Inc.,
the company provides operations, maintenance and construction management
services for water and wastewater systems located on military bases
throughout the country under 50-year privatization contracts with the
U.S. government.
American States Water Company has paid dividends to shareholders every
year since 1931, increasing the dividends received by shareholders each
calendar year since 1954.
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Source: American States Water Company
American States Water Company
Eva G. Tang
Senior Vice
President - Finance, Chief Financial Officer,
Treasurer and
Corporate Secretary
(909) 394-3600, extension 707