Comprehensive Insights on American States Water's Dividend and Recent Developments Ahead of Ex-Dividend Date on May 19, 2025

American States Water (AWR) has announced a dividend of $0.466 per share, with key dates including an ex-dividend date on May 19, 2025, an announcement date on May 5, 2025, and a dividend payment date on Jun 3, 2025. This dividend amount is significantly higher than the average of the last ten dividends, which stood at $0.293 per share. The previous dividend, distributed on Mar 3, 2025, was also $0.466 per share. The dividend type is a cash dividend.

Recently, American States Water raised its quarterly dividend by 9.8%, bringing it to $0.335 per share. This increase reflects the company's strong financial position and commitment to returning value to its shareholders. Over the past week, it was reported that Balyasny Asset Management L.P. significantly reduced its holdings in AWR by 40.8% during the fourth quarter, indicating a strategic shift in their investment portfolio. Additionally, in the latest trading sessions, shares of American States Water Company have shown some movement, although without significant fluctuations that would impact its overall market performance.

As of late, Argus has lowered the price target for AWR to $80.00, with its current price around $77.82. This adjustment reflects the market's current assessment of the company's valuation and future prospects. Moreover, American States Water reported diluted earnings per share of $0.75 for the quarter ending Dec 31, 2024, aligning with market expectations and showcasing its stable financial health. In line with its consistent performance, AWR reported first-quarter 2025 operating earnings per share of $0.70, matching the consensus estimates and reinforcing the firm's robust fundamentals.

In conclusion, American States Water remains a stable entity within the utilities sector, demonstrating consistent financial performance and shareholder returns. Investors should take note that the ex-dividend date is May 19, 2025, marking the last day to acquire shares and be eligible for the upcoming dividend. Any purchases made after this date will not qualify for the dividend distribution.