Water Dividend Stocks Overview
The York Water Company pays a dividend 4 times a year in January, April, July, October. American Water Works pays an annual dividend of $2.41 per share and currently has a dividend yield of 1.47%. On May 8, 2023, the Board of Directors of American States Water Company approved a quarterly dividend of $0.3975 per share.
Water Dividend Companies Performance
Global Water Resources’ share price is $12.97 on December 18, 2023. Last year, it gave $0.3 for the full year. In December 2023, Global Water Resources declared a dividend of $0.07, translating to a 3.05% yield.
Regulatory Measures and Impact
New rules were introduced in May to ensure that water companies do not pay dividends unless they have delivered for customers and the environment. The regulator is able to impose penalties of up to 10% of Thames Water’s relevant turnover.
Water Utility Company Concerns
English water companies will pay £14.7bn in dividends by 2030, prompting concerns about customer payments for new investments in sewage pollution cleanup efforts. Farron emphasizes the need for government intervention to resolve the issue.