California Water Service Group's most recent quarterly dividend was on Nov 4, 2022 (ex-date) with a cash dividend payment of $0.25 per share. On an annualized basis, the company has a current payout of $1 per share. This brings the dividend yield to 1.61% based on its recent close price.
CWT has a dividend yield of 1.61% which is lower than the Utilities sector, the industry and its peers average. In comparison with the Utilities sector average of 3.07%, California Water Service Group's dividend yield is 48% lower. The current dividend yield is in line with 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 up by 1.5% from a year ago, the dividend yield has increased by 7%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 4, 2022 | Nov 18, 2022 | Oct 26, 2022 | $0.25 | normal |
| 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 67.6% which is higher than the Utilities sector, the industry and its peers average. But if we consider the Utilities sector average of 65%, California Water Service Group's payout ratio is only 4% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ARTNA Artesian Resources Corp | 1.92% | $1.09 | 55.2% |
| SJW Sjw Group | 1.87% | $1.44 | 74.6% |
| YORW York Water Co | 1.76% | $0.79 | 57.9% |
| AWK American Water Works Company Inc | 1.64% | $2.57 | 35.4% |
| CWT California Water Service Group | 1.61% | $1 | 67.6% |
| AWR American States Water Co | 1.6% | $1.53 | 70.6% |
Yes, California Water Service Group has paid four dividends in the last twelve months. CWT has been paying dividends since 1995.
CWT has announced its next dividend with ex-date Feb 3, 2023.
California Water Service Group's last regular dividend was on Nov 4, 2022 (ex-date) with the amount of $0.25 per share.
On an annual basis CWT pays $1 per share.
California Water Service Group's current dividend yield is 1.61%.
California Water Service Group pays four dividends per year.
The dividend payout ratio of California Water Service Group is 67.6%.
California Water Service Group's dividend yield is lower than the Utilities sector average.