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California American Water Appeals Ruling on LAFCO Decision
Businesswire· 2024-02-12 19:17
PACIFIC GROVE, Calif.--(BUSINESS WIRE)--California American Water is appealing the Superior Court’s December 11, 2023 decision to vacate a Monterey County Local Agency Formation Commission (LAFCO) December 2021 resolution denying the Monterey Peninsula Water Management District (MPWMD) application for authorization to become a retail water supplier. This is a requirement for MPWMD to serve Monterey customers. If the Superior Court’s decision to vacate stands, the matter would potentially be sent back to LAF ...
American Water Works: Water Utility Giant With A Safe Dividend
Seeking Alpha· 2024-02-12 17:30
DSCimage American Water Works Company Inc. (NYSE:AWK) is a utility company that provides water and wastewater services in the United States. Founded in 1886, American Water Works is now a $24 billion (by market cap) water utility giant that employs more than 6,000 people. American Water Works provides its water (approximately 93% of FY 2022 revenue) and wastewater (approximately 7% of FY 2022 revenue) services to roughly 14 million people across 14 different states. By customers, this is the largest pub ...
American Water (AWK) to Post Q4 Earnings: What Awaits?
Zacks Investment Research· 2024-02-09 16:05
American Water Works Company (AWK) is set to release fourth-quarter 2023 results on Feb 14, after market close. In the last four quarters, the company delivered an average earnings surprise of 6.5%.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors to ConsiderAmerican Water Works’ fourth-quarter earnings are expected to have benefited from new water rates, effective in different territories. It received approval for implementing new rates worth $359 million, ...
American Water Charitable Foundation Invests More Than a Quarter Million Dollars in California and Hawaii
Businesswire· 2024-02-08 22:40
SACRAMENTO, Calif.--(BUSINESS WIRE)--The American Water Charitable Foundation, a 501(c)(3) organization established by American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., announced that it awarded a combined total of $257,000 in 2023 to support communities served by California and Hawaii American Water. “At California American Water and Hawaii American Water, we are committed to giving back to the communities we live in and serve, ensuring a sustainable fut ...
American Water Named One of America's Most JUST Companies by JUST Capital and CNBC
Businesswire· 2024-02-08 16:30
CAMDEN, N.J.--(BUSINESS WIRE)--American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., announced today that it has been named one of America’s Most JUST Companies by JUST Capital and CNBC. American Water is the highest-ranked water utility and ranked 68th overall, well within the top 10% of all Russell 1000 companies that were considered. The JUST 100 is the only ranking that recognizes American corporate leadership on business issues prioritized by the public. ...
Illinois American Water President Rebecca Losli Named Chairperson of the Illinois Utilities Business Diversity Council
Businesswire· 2024-02-08 16:00
SPRINGFIELD, Ill.--(BUSINESS WIRE)--Rebecca Losli, president of Illinois American Water, has been appointed chairperson of the board of the Illinois Utilities Business Diversity Council (IUBDC). Losli succeeds chairman and president of Ameren Illinois, Lenny Singh, who led the IUBDC in 2023, and remains an active member of the IUBDC Board of Directors. Formed in 2015, IUBDC is a coalition of the state’s leading utilities focused on increasing business for diverse suppliers through collaboration, technical ...
American Water Works (AWK) Earnings Expected to Grow: Should You Buy?
Zacks Investment Research· 2024-02-07 16:06
The market expects American Water Works (AWK) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to b ...
American Water Shares Convenient Ways for Customers to Pay their Water Bill
Businesswire· 2024-02-06 16:00
CAMDEN, N.J.--(BUSINESS WIRE)--American Water provides customers with five payment options to choose from and convenient services to help pay their water bill. Payment options: Pay Automatically – Save time and postage by enrolling in our Auto Pay program and your bill will be paid on time, every time. Choose to have your monthly bill automatically applied to your credit card or deducted directly from your checking or savings account. To enroll, log on to our online customer portal, MyWater. A $1.95 fee ...
American Water Charitable Foundation Launches 2024 Water and Environment Grant Program
Businesswire· 2024-02-05 16:00
CAMDEN, N.J.--(BUSINESS WIRE)--The American Water Charitable Foundation, a 501(c)(3) organization established by American Water, the largest regulated water and wastewater utility company in the U.S., announced today that it launched the 2024 Water and Environment Grant Program. The Foundation invites community partners to apply for grants that promote clean water, conservation, environmental education, climate variability and water-based recreation projects. The Foundation supports three pillars of givi ...
3 Dividend Diamonds Offering Stability and Growth
InvestorPlace· 2024-02-02 17:59
Dividend stocks cater to investors who want less volatility and stable cash flow. Some dividend stocks offer a combination of respectable yields and solid growth, but most investors lean more toward one or the other.High-yield dividend stocks offer more cash flow at the moment but typically get outperformed by the market. However, the losses tend to be lower during corrections. Growth dividend stocks are more volatile and have lower yields but can keep up with the market and even outperform it in some cases ...