This is the fourth consecutive year American Water has increased its dividend
"American Water has consistently said that as our net income and EPS
grow, so will our cash dividends," said
This is the fourth consecutive year American Water has increased its dividend.
"Our objective has always been to have a dividend payment practice that is predictable, stable and growing," added Sterba.
The increase will be reflected in the regular quarterly cash dividend,
which is payable on
American Water offers a dividend reinvestment and direct stock purchase
plan called American Water Stock Direct, which enables stockholders to
reinvest cash dividends and purchase additional American Water common
shares without any brokerage commissions or service charges.
Stockholders and other persons may obtain a copy of the Plan prospectus
and an enrollment form by contacting
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities. The offer is being made solely through the Plan prospectus.
About American Water
Founded in 1886, American Water is the largest publicly traded U.S.
water and wastewater utility company. With headquarters in
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Vice President, Investor Relations
Vice President, Communications
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