California Water Service Group's most recent quarterly dividend was on Aug 5, 2022 (ex-date) with a cash dividend payment of $0.25 per share. On an annualized basis, the company has a current payout of $0.98 per share. This brings the dividend yield to 1.86% based on its recent close price.
CWT has a dividend yield of 1.86% which is lower than the Utilities sector, the industry and its peers average. In comparison with the Utilities sector average of 3.36%, California Water Service Group's dividend yield is 45% lower. The current dividend yield is higher than the historical average of 1.6% of the last 5 years.
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 9% for the last twelve months. And since the stock price has gone down by 10% from a year ago, the dividend yield has increased by 21%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 5, 2022 | Aug 19, 2022 | Jul 27, 2022 | $0.25 | normal |
| May 6, 2022 | May 20, 2022 | Apr 27, 2022 | $0.25 | normal |
| Feb 4, 2022 | Feb 18, 2022 | Jan 26, 2022 | $0.25 | normal |
| Nov 5, 2021 | Nov 19, 2021 | Oct 27, 2021 | $0.23 | normal |
| Aug 6, 2021 | Aug 20, 2021 | Jul 28, 2021 | $0.23 | normal |
| May 7, 2021 | May 21, 2021 | Apr 28, 2021 | $0.23 | normal |
| Feb 5, 2021 | Feb 19, 2021 | Jan 27, 2021 | $0.23 | normal |
| Nov 6, 2020 | Nov 20, 2020 | Oct 28, 2020 | $0.213 | normal |
| Aug 7, 2020 | Aug 21, 2020 | Jul 29, 2020 | $0.213 | normal |
| May 8, 2020 | May 22, 2020 | Apr 29, 2020 | $0.213 | normal |
| Feb 7, 2020 | Feb 21, 2020 | Jan 29, 2020 | $0.213 | normal |
| Nov 7, 2019 | Nov 22, 2019 | Oct 30, 2019 | $0.198 | normal |
| Aug 9, 2019 | Aug 23, 2019 | Jul 31, 2019 | $0.198 | normal |
| May 3, 2019 | May 17, 2019 | Apr 24, 2019 | $0.198 | normal |
| Feb 8, 2019 | Feb 22, 2019 | Jan 30, 2019 | $0.198 | normal |
| Nov 8, 2018 | Nov 23, 2018 | Oct 31, 2018 | $0.188 | normal |
| Aug 3, 2018 | Aug 17, 2018 | Jul 25, 2018 | $0.188 | normal |
| May 4, 2018 | May 18, 2018 | Apr 25, 2018 | $0.188 | normal |
| Feb 9, 2018 | Feb 23, 2018 | Jan 31, 2018 | $0.188 | normal |
| Nov 3, 2017 | Nov 17, 2017 | Oct 25, 2017 | $0.18 | normal |
| Aug 3, 2017 | Aug 18, 2017 | Jul 26, 2017 | $0.18 | normal |
| May 4, 2017 | May 19, 2017 | Apr 26, 2017 | $0.18 | normal |
| Feb 2, 2017 | Feb 17, 2017 | Jan 25, 2017 | $0.18 | normal |
| Nov 3, 2016 | Nov 18, 2016 | Oct 26, 2016 | $0.173 | normal |
| Aug 4, 2016 | Aug 19, 2016 | Jul 27, 2016 | $0.173 | normal |
| May 5, 2016 | May 20, 2016 | Apr 27, 2016 | $0.173 | normal |
| Feb 4, 2016 | Feb 19, 2016 | Jan 27, 2016 | $0.173 | normal |
CWT has a payout ratio of 59.4% which is higher than its peers average but lower than the Utilities sector and the industry average. If we compare it with the Utilities sector average of 63.5%, California Water Service Group's payout ratio is 6% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SJW Sjw Group | 2.42% | $1.42 | 81.6% |
| ARTNA Artesian Resources Corp | 2.25% | $1.08 | 57.9% |
| YORW York Water Co | 1.99% | $0.78 | 59.1% |
| AWK American Water Works Company Inc | 1.9% | $2.52 | 35.1% |
| AWR American States Water Co | 1.87% | $1.49 | 67% |
| CWT California Water Service Group | 1.81% | $0.98 | 59.4% |
Yes, California Water Service Group has paid four dividends in the last twelve months. CWT has been paying dividends since 1995.
CWT hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in November 2022.
California Water Service Group's last regular dividend was on Aug 5, 2022 (ex-date) with the amount of $0.25 per share.
On an annual basis CWT pays $0.98 per share.
California Water Service Group's current dividend yield is 1.86%.
California Water Service Group pays four dividends per year.
The dividend payout ratio of California Water Service Group is 59.4%.
California Water Service Group's dividend yield is lower than the Utilities sector average.