American States Water Named to TIME's America's Best Mid-Size Companies List

Tuesday, Aug 12, 2025 2:36 pm ET1min read

American States Water Company has been named to TIME's America's Best Mid-Size Companies 2025 list, one of only two investor-owned water utilities recognized. The company has consistently increased dividends annually for 71 consecutive years and provides critical water and electric services in California and nationwide via its subsidiaries. AWR remains committed to sustaining a dividend CAGR of over 7% in the long term.

American States Water Company (NYSE:AWR) has been recognized as one of the top mid-sized companies in the U.S. by TIME, appearing on the America's Best Mid-Size Companies 2025 list. This distinction is particularly notable as AWR is one of only two investor-owned water utilities to make the list [1][2].

The company's inclusion is attributed to its strong performance across multiple criteria, including revenue growth, employee satisfaction, and sustainability transparency. These factors underscore AWR's strategic growth plans, commitment to its workforce, and dedication to environmental, social, and governance (ESG) initiatives [1][2].

American States Water Company has a robust history of dividend payments, having increased its dividends annually for 71 consecutive years. The company has maintained a compound annual growth rate (CAGR) of 8.5% over the last five years and is on track to achieve a 10-year CAGR of 8.3% in its calendar year dividend payments through 2025 [1][2]. The company's long-term policy is to achieve a CAGR in the dividend of more than 7%.

AWR provides critical water and electric services through its subsidiaries, Golden State Water Company, Bear Valley Electric Service, Inc., and American States Utility Services, Inc. These subsidiaries serve over one million people in ten states, with Golden State Water Company alone providing water service to approximately 265,000 customer connections in Northern, Coastal, and Southern California [1][2].

The company's commitment to sustainability is evident in its initiatives and disclosures in the ESG areas. This focus on sustainability aligns with the increasing importance of environmental regulations and water scarcity challenges, making AWR a leader in the water utility sector [1][2].

References:
[1] https://finance.yahoo.com/news/american-states-water-company-named-130000958.html
[2] https://www.morningstar.com/news/business-wire/20250808571921/american-states-water-company-named-on-times-americas-best-mid-size-companies-2025-list

American States Water Named to TIME's America's Best Mid-Size Companies List

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