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AWK American Water Works dividend history, payout ratio & dates

  1. Stocks
  2. Utilities
  3. NYSE: AWK
  4. Dividend

American Water Works's latest quarterly dividend was on Nov 13, 2023 (ex-date) with a payout of $0.708 per share. On an annualized basis, the company has a current payout of $2.78 per share. This brings the dividend yield to 2.11% based on its recent close price.

Key dates

  • AWK last dividend date: Nov 13, 2023
  • AWK next dividend date: Not announced
Peer dividends: CWT AWR SJW YORW ARTNA
AWK dividend stats
DPS
$2.78
Dividend yield
2.09%
Payout ratio
57.6%
vs. Utilities sector
Dividend yield
3.5%
Payout ratio
62.8%

Dividend yield

What is American Water Works current dividend yield

American Water Works's dividend yield of 2.11% is below the Utilities sector, the industry and its peers average. If we compare it with its Utilities sector average of 3.5%, American Water Works's dividend yield is 40% lower. Historically AWK's dividend yield has averaged at 1.6% in the last 5 years, which is less than the current yield.

Dividend history

What is AWK dividend payout history and dates

American Water Works has been paying dividends since 2008. AWK has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 8% for the last twelve months. And with the price of the stock down by 14% from a year ago, the dividend yield has an increase of 26%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 13, 2023 Dec 1, 2023 Oct 31, 2023 $0.708 normal
Aug 7, 2023 Sep 1, 2023 Jul 26, 2023 $0.708 normal
May 8, 2023 Jun 1, 2023 Apr 26, 2023 $0.708 normal
Feb 6, 2023 Mar 1, 2023 Dec 7, 2022 $0.655 normal
Nov 7, 2022 Dec 1, 2022 Oct 27, 2022 $0.655 normal
Aug 8, 2022 Sep 1, 2022 Jul 27, 2022 $0.655 normal
May 9, 2022 Jun 1, 2022 Apr 27, 2022 $0.655 normal
Feb 7, 2022 Mar 1, 2022 Dec 9, 2021 $0.603 normal
Nov 9, 2021 Dec 1, 2021 Oct 28, 2021 $0.603 normal
Aug 9, 2021 Sep 1, 2021 Jul 28, 2021 $0.603 normal
May 10, 2021 Jun 1, 2021 Apr 28, 2021 $0.603 normal
Feb 5, 2021 Mar 2, 2021 Dec 10, 2020 $0.55 normal
Nov 9, 2020 Dec 2, 2020 Oct 26, 2020 $0.55 normal
Aug 11, 2020 Sep 1, 2020 Jul 29, 2020 $0.55 normal
May 11, 2020 Jun 2, 2020 Apr 29, 2020 $0.55 normal
Feb 6, 2020 Mar 4, 2020 Dec 6, 2019 $0.5 normal
Nov 8, 2019 Dec 4, 2019 Oct 29, 2019 $0.5 normal
Aug 8, 2019 Sep 4, 2019 Jul 26, 2019 $0.5 normal
May 10, 2019 Jun 4, 2019 Apr 17, 2019 $0.5 normal
Feb 6, 2019 Mar 1, 2019 Dec 7, 2018 $0.455 normal
Nov 8, 2018 Dec 4, 2018 Oct 30, 2018 $0.455 normal
Aug 9, 2018 Sep 4, 2018 Jul 27, 2018 $0.455 normal
May 10, 2018 Jun 1, 2018 Apr 20, 2018 $0.455 normal
Feb 6, 2018 Mar 1, 2018 Dec 8, 2017 $0.415 normal
Nov 9, 2017 Dec 1, 2017 Oct 31, 2017 $0.415 normal
Aug 7, 2017 Sep 1, 2017 Jul 28, 2017 $0.415 normal
May 3, 2017 Jun 1, 2017 Apr 21, 2017 $0.415 normal
Feb 3, 2017 Mar 1, 2017 Dec 9, 2016 $0.375 normal
Nov 7, 2016 Dec 1, 2016 Oct 28, 2016 $0.375 normal
Aug 4, 2016 Sep 1, 2016 Jul 29, 2016 $0.375 normal
May 5, 2016 Jun 1, 2016 Apr 22, 2016 $0.375 normal
Feb 4, 2016 Mar 1, 2016 Dec 11, 2015 $0.34 normal
Nov 5, 2015 Dec 1, 2015 Oct 30, 2015 $0.34 normal
Aug 6, 2015 Sep 1, 2015 Jul 24, 2015 $0.34 normal

American Water Works dividend payout ratio

What is American Water Works dividend payout ratio compared to the sector

Payout ratio

American Water Works's payout ratio of 57.6% is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 62.8%, American Water Works's payout ratio is 8% lower.

Total amount of dividends paid per financial year (from cash flow)

AWK dividend vs peer dividends

How does AWK dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
ARTNA Artesian Resources Corp 2.57% $1.14 72.8%
SJW Sjw Group 2.25% $1.52 47.5%
AWK American Water Works Company Inc 2.09% $2.78 57.6%
YORW York Water Co 2.05% $0.81 51%
AWR American States Water Co 2.01% $1.66 49.7%
CWT California Water Service Group 1.97% $1.04 142.5%

Frequently asked questions

Does American Water Works pay a dividend?

Yes, American Water Works has paid four dividends in the last twelve months. AWK has been paying dividends since 2008.

When is American Water Works's next dividend?

At this point we don't have a record of AWK's next dividend date, but based on the current dividend schedule we project that it will likely be in February 2024.

When was AWK's last dividend?

American Water Works's last dividend ex-date was on Nov 13, 2023. The dividend amount was $0.708 per share.

How much dividend does American Water Works pay (per share)?

On an annual basis AWK pays $2.78 per share.

What is American Water Works's dividend yield?

American Water Works's current dividend yield is 2.11%.

How often does American Water Works pay dividends?

American Water Works pays dividends quarterly.

What is American Water Works's dividend payout ratio?

The dividend payout ratio of American Water Works is 57.6%.

Does American Water Works pay a good dividend?

American Water Works's dividend yield is less than the Utilities sector average.