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American Water Works Hikes Quarterly Cash Dividend By 8.2% To $0.8275/Shr

Benzinga·04/30/2025 14:49:38
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Cash dividend payable in the second quarter of 2025

American Water Works Company, Inc. (NYSE:AWK) announced that its board of directors today declared a quarterly cash dividend payment of $0.8275 per share of common stock, an increase of 8.2 percent.

The company expects to continue its dividend growth within a 7 to 9 percent range over the long term, with a target dividend payout ratio of between 55 and 60 percent of earnings.

The increased quarterly dividend will be payable on June 3, 2025, to all shareholders of record as of May 13, 2025.