American Water Works Company, Inc. (NYSE:AWK) Announces Quarterly Dividend of $0.83

American Water Works Company, Inc. (NYSE:AWK) declared a quarterly dividend on Friday, December 5th. Shareholders of record on Tuesday, February 10th will be paid a dividend of 0.8275 per share by the utilities provider on Tuesday, March 3rd. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date is Tuesday, February 10th.

American Water Works has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 18 years. American Water Works has a dividend payout ratio of 53.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect American Water Works to earn $6.13 per share next year, which means the company should continue to be able to cover its $3.31 annual dividend with an expected future payout ratio of 54.0%.

American Water Works Stock Up 0.4%

Shares of NYSE:AWK traded up $0.58 during trading on Friday, reaching $129.51. 1,160,940 shares of the stock traded hands, compared to its average volume of 1,479,252. The stock has a market cap of $25.27 billion, a P/E ratio of 22.76, a price-to-earnings-growth ratio of 3.37 and a beta of 0.76. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.39 and a current ratio of 0.42. The stock has a 50-day moving average of $134.71 and a two-hundred day moving average of $139.09. American Water Works has a 52-week low of $118.74 and a 52-week high of $155.50.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, October 29th. The utilities provider reported $1.94 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.04. American Water Works had a net margin of 21.93% and a return on equity of 10.48%. The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same period in the previous year, the business earned $1.80 EPS. The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS and its FY 2026 guidance at 6.020-6.120 EPS. As a group, sell-side analysts expect that American Water Works will post 5.71 earnings per share for the current fiscal year.

About American Water Works

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.