CWT California Water Service Group dividend history, payout ratio & dates
California Water Service Group's most recent dividend was on Nov 12, 2024 (ex-date) with a cash dividend payment of $0.28 per share. On an annualized basis, the company has a current payout of $1.12 per share. This brings the dividend yield to 2.58% based on its recent close price.
Key dates
- CWT last dividend date: Nov 12, 2024
CWT dividend stats
vs. Utilities sector
Dividend yield
CWT has a dividend yield of 2.58% which is lower than the Utilities sector, the industry and its peers average. In comparison with the Utilities sector average of 3.22%, California Water Service Group's dividend yield is 20% lower. The current dividend yield is higher than the historical average of 1.8% of the last 5 years.
Dividend history
California Water Service Group has been paying dividends since 1995. CWT has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 8% for the last twelve months. And since the stock price has gone down by 8% from a year ago, the dividend yield has increased by 17%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 12, 2024 | $0.28 | 2.2% |
| Aug 12, 2024 | $0.28 | 2.1% |
| May 3, 2024 | $0.28 | 2.14% |
| Feb 9, 2024 | $0.28 | 2.26% |
| Nov 3, 2023 | $0.26 | 1.98% |
| Aug 4, 2023 | $0.26 | 2% |
| May 5, 2023 | $0.26 | 1.79% |
| Feb 3, 2023 | $0.26 | 1.61% |
| Nov 4, 2022 | $0.25 | 1.67% |
| Aug 5, 2022 | $0.25 | 1.64% |
| May 6, 2022 | $0.25 | 1.9% |
| Feb 4, 2022 | $0.25 | 1.57% |
| Nov 5, 2021 | $0.23 | 1.44% |
| Aug 6, 2021 | $0.23 | 1.39% |
| May 7, 2021 | $0.23 | 1.53% |
| Feb 5, 2021 | $0.23 | 1.51% |
| Nov 6, 2020 | $0.213 | 1.82% |
| Aug 7, 2020 | $0.213 | 1.71% |
| May 8, 2020 | $0.213 | 1.81% |
| Feb 7, 2020 | $0.213 | 1.48% |
| Nov 7, 2019 | $0.198 | 1.54% |
| Aug 9, 2019 | $0.198 | 1.44% |
| May 3, 2019 | $0.198 | 1.53% |
| Feb 8, 2019 | $0.198 | 1.49% |
| Nov 8, 2018 | $0.188 | 1.7% |
| Aug 3, 2018 | $0.188 | 1.86% |
| May 4, 2018 | $0.188 | 1.84% |
| Feb 9, 2018 | $0.188 | 1.92% |
| Nov 3, 2017 | $0.18 | 1.67% |
| Aug 3, 2017 | $0.18 | 1.85% |
| May 4, 2017 | $0.18 | 2.04% |
| Feb 2, 2017 | $0.18 | 2.06% |
| Nov 3, 2016 | $0.173 | 2.25% |
| Aug 4, 2016 | $0.173 | 2.12% |
| May 5, 2016 | $0.173 | 2.41% |
| Feb 4, 2016 | $0.173 | 2.81% |
| Nov 5, 2015 | $0.168 | 2.95% |
| Aug 6, 2015 | $0.168 | 3.12% |
| May 7, 2015 | $0.168 | 2.79% |
| Feb 5, 2015 | $0.168 | 2.6% |
California Water Service Group dividend payout ratio
Payout ratio
CWT has a payout ratio of 32.3% which is lower than the Utilities sector, the industry and its peers average. If we compare it with the Utilities sector average of 63.5%, California Water Service Group's payout ratio is 49% lower.
Total amount of dividends paid per financial year (from cash flow)
CWT dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ARTNA Artesian Resources Corp | 3.94% | $1.18 | 60.6% |
| SJW Sjw Group | 3.46% | $1.6 | 58% |
| YORW York Water Co | 2.83% | $0.85 | 57.6% |
| MSEX Middlesex Water Co | 2.67% | $1.32 | 56.9% |
| CWT California Water Service Group | 2.58% | $1.12 | 32.3% |
| AWR American States Water Co | 2.48% | $1.79 | 60.3% |
| AWK American Water Works Company Inc | 2.47% | $3 | 59.6% |
Frequently asked questions
Does California Water Service Group pay a dividend?
Yes, California Water Service Group has paid four dividends in the last twelve months. CWT has been paying dividends since 1995.
When was CWT's last dividend?
California Water Service Group's last regular dividend was on Nov 12, 2024 (ex-date) with the amount of $0.28 per share.
How much dividend does California Water Service Group pay (per share)?
On an annual basis CWT pays $1.12 per share.
What is California Water Service Group's dividend yield?
California Water Service Group's current dividend yield is 2.58%.
How often does California Water Service Group pay dividends?
California Water Service Group pays four dividends per year.
What is California Water Service Group's dividend payout ratio?
The dividend payout ratio of California Water Service Group is 32.3%.
Does California Water Service Group pay a good dividend?
California Water Service Group's dividend yield is lower than the Utilities sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.