H2O America Announces Quarterly Cash Dividend of $0.42 per Share

H2O America's board of directors declared a quarterly cash dividend of $0.42 per share, payable on September 2, 2025. The annualized dividend for 2025 is expected to be $1.68 per share, up from $1.60 per share in 2024. The dividend will be paid to shareholders of record at the close of business on August 11, 2025.

Title: H2O America Declares Quarterly Cash Dividend

H2O America (NASDAQ: HTO) has announced a quarterly cash dividend of $0.42 per share, payable on September 2, 2025. This marks an increase from the previous annual dividend of $1.60 per share in 2024, with the new annualized dividend expected to be $1.68 per share for 2025. The dividend will be distributed to shareholders of record at the close of business on August 11, 2025.

The company's strong financial performance in the second quarter of 2025 is reflected in its recent earnings report. H2O America reported diluted EPS of $0.71, an 11% increase over the prior year, and adjusted diluted EPS (non-GAAP) of $0.75, a 14% increase. The year-to-date diluted EPS was $1.20, a 20% increase, and adjusted diluted EPS (non-GAAP) was $1.25, a 23% increase over the prior year. The company's operating revenue for the second quarter was $198.3 million, up 13% compared to the same period last year.

H2O America's capital expenditures for the second quarter were $207.2 million, representing approximately 44% of the planned 2025 capital expenditures of $473.0 million. The company's infrastructure investments have been instrumental in maintaining and improving its water supply and infrastructure, keeping it on track to meet both its 2025 and five-year capital expenditure goals.

In addition to its strong financial performance, H2O America has also made strategic acquisitions to expand its operations. The company entered into an agreement to acquire all of Quadvest’s assets in the high-growth Houston region, positioning its Texas operations within the top 2% of fastest-growing counties in the U.S. This acquisition is expected to be accretive in 2028 and meaningfully accretive to the company's long-term growth rate.

H2O America's dividend announcement comes amidst a period of regulatory updates and infrastructure investments. The company has received approvals for regulatory mechanisms in various states, including California, Connecticut, and Maine, which will allow it to recover investments in advanced metering infrastructure and other projects. These regulatory updates, combined with the company's strategic acquisitions, position H2O America for continued growth and financial stability.

References
[1] https://www.h2o-america.com/news-releases/news-release-details/h2o-america-announces-second-quarter-2025-financial-results