American Water Works Company, Inc. (NYSE:AWK) Announces Quarterly Dividend of $0.83

American Water Works Company, Inc. (NYSE:AWK) announced a quarterly dividend on Friday, December 5th. Shareholders of record on Tuesday, February 10th will be given a dividend of 0.8275 per share by the utilities provider on Tuesday, March 3rd. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Tuesday, February 10th.

American Water Works has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 18 years. American Water Works has a dividend payout ratio of 53.9% meaning its dividend is sufficiently covered by earnings. Research analysts expect American Water Works to earn $6.13 per share next year, which means the company should continue to be able to cover its $3.31 annual dividend with an expected future payout ratio of 54.0%.

American Water Works Price Performance

Shares of American Water Works stock traded up $0.58 during trading hours on Friday, hitting $129.51. The company’s stock had a trading volume of 1,160,940 shares, compared to its average volume of 1,479,252. The company has a market cap of $25.27 billion, a PE ratio of 22.76, a PEG ratio of 3.37 and a beta of 0.76. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.39 and a current ratio of 0.42. The business has a 50 day moving average price of $134.71 and a two-hundred day moving average price of $139.09. American Water Works has a 12-month low of $118.74 and a 12-month high of $155.50.

American Water Works (NYSE:AWK) last issued its earnings results on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.04. American Water Works had a return on equity of 10.48% and a net margin of 21.93%.The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter last year, the company earned $1.80 EPS. The firm’s quarterly revenue was up 9.7% on a year-over-year basis. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS and its FY 2026 guidance at 6.020-6.120 EPS. Analysts expect that American Water Works will post 5.71 earnings per share for the current fiscal year.

American Water Works Company Profile

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.