AMERICAN STATES WATER CO

American States Water Company reported strong second-quarter 2026 results, with consolidated net income increasing by 28.45% to $43.27 million and basic earnings per share rising to $1.10. Total operating revenues grew by 11.18% to $181.29 million. For the first six months of 2026, consolidated net income increased by 20.96% to $73.22 million, and the company paid a quarterly dividend of $0.5040 per common share.

American States Water Company reported strong second quarter 2026 results, with diluted earnings per share increasing 25.3% to $1.09, driven by higher earnings across all operating segments, particularly the water utility. Year-to-date diluted EPS also saw an 18.5% increase to $1.86. The company announced an 8.2% increase in its quarterly dividend, marking its 72nd consecutive year of annual dividend growth, and successfully completed its $200 million at-the-market offering program.

American States Water Company shareholders approved the 2026 Stock Incentive Plan, replacing the 2016 plan, enabling continued stock awards to eligible employees. At the annual meeting held on May 19, 2026, shareholders also elected three Class III directors, approved the advisory vote on executive compensation, and ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm.

American States Water Company reported an 8.6% increase in consolidated diluted EPS to $0.76 for the first quarter ended March 31, 2026, up from $0.70 in the prior year, driven by higher earnings across all operating segments. Total operating revenues increased to $169.191 million, and net income rose to $29.948 million. The company's Board of Directors also approved a second quarter dividend of $0.5040 per share, extending its streak of annual dividend increases to 71 consecutive years. Additionally, American States Water was recognized by Newsweek as one of America's Most Trustworthy Companies, ranking first in the Energy & Utilities Industry.

American States Water Company reported a significant increase in net income and total operating revenues for the first quarter ended March 31, 2026. Net income rose by 11.6% to $29.9 million, while total operating revenues increased by 14.3% to $169.2 million. Basic earnings per common share also saw an 8.6% improvement, reaching $0.76. The company also increased its dividends paid per common share by 8.3% to $0.5040.