On April 26, 2013, the Board of Directors of American States Water Company (NYSE:AWR) approved a quarterly dividend of $0.355 per share on the Common Shares of the Company. This action marks the 308th consecutive dividend payment by the Company. For more than 58 consecutive years, American States Water Company shareholders have received an increase in their aggregate annual dividend. Dividends on the Common Shares will be payable on June 1, 2013 to shareholders of record at the close of business on May 15, 2013.
American States Water Company also announced today that the Company will release its financial results for the first quarter ended March 31, 2013 on Friday, May 10, 2013, followed by a conference call at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time), during which management will be making a brief presentation. Interested parties can listen to the live conference call over the Internet by logging on to www.aswater.com. The call will also be archived on our website and can be replayed beginning Friday, May 10, 2013 at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) and will run through Friday, May 17, 2013. After logging on to the website, click the “Investors” button at the top of the page. The archive is located just above the “Stock Quote” section.
American States Water Company is the parent of Golden State Water Company and American States Utility Services, Inc. Through its utility subsidiary, Golden State Water Company, AWR provides water service to approximately 1 out of 36 Californians located within 75 communities throughout 10 counties in Northern, Coastal and Southern California (approximately 256,000 customers). The Company also distributes electricity to over 23,000 customers in the City of Big Bear and surrounding areas in San Bernardino County, California. Through its contracted services subsidiary, American States Utility Services, Inc., the Company provides operations, maintenance and construction management services for water and wastewater systems located on military bases throughout the country through 50-year privatization contracts with the U.S. government.
American States Water Company has paid dividends to shareholders every year since 1931, increasing the dividends received by shareholders each calendar year since 1954.