California Water Service Group
S&P 500CWT/Utilities · Utilities - Regulated Water/NYSE
Dividend Yield
2.81%
$1.27 · Annual Dividend
Dividend Safety Rating
CWT's dividend appears safe and well-supported. Strengths include a 61.8% earnings payout ratio & 33.0% fcf payout ratio. Areas of concern: 0.7x current ratio & 7.2% return on equity. The dividend has been growing at a 7.79% 5-year CAGR. As a utility, higher payout ratios and leverage are typical for this regulated sector.
Based on 15 of 15 metrics
Strengths
- Earnings Payout Ratio: 61.8%Low earnings payout ratio leaves room to grow the dividend.
- FCF Payout Ratio: 33.0%Free cash flow comfortably covers the dividend.
- CFO Payout Ratio: 24.4%Operating cash flow strongly supports the payout.
Risks
- Current Ratio: 0.7xLimited short-term liquidity to meet obligations.
- Return on Equity: 7.2%Return on equity is below industry norms.
Payout & Coverage
Very SafeBalance Sheet
CautionProfitability
CautionDividend Track Record
Very SafeAbout California Water Service Group
California Water Service Group is a leading regulated utility company specializing in the provision of water and wastewater services across the western United States. As the third-largest investor-owned and publicly traded water utility in the country, the company serves more than two million people through its network of subsidiaries, which operate in California, Hawaii, New Mexico, Texas, and Washington. Its core operations encompass the production, purchase, treatment, storage, testing, and distribution of water for a wide range of uses, including residential, commercial, industrial, public authority, agricultural, and fire protection purposes. Founded in 1926 and headquartered in San Jose, California, California Water Service Group has established itself as a key infrastructure provider, with a pronounced commitment to water quality, environmental stewardship, and customer service. The company’s subsidiaries manage both regulated and unregulated utilities, delivering water, wastewater, and recycled water services. California Water Service Group also regularly engages in community initiatives, technological innovation, and sustainability practices, earning recognition for corporate responsibility and trustworthiness in the industry. Its strategic acquisitions and constant infrastructure investments underline its role as a critical player in sustaining public health and supporting economic development in the regions it serves.
Dividend Overview
Dividend Yield
2.81%
Annual Dividend
$1.27
Frequency
Quarterly
Payout Ratio
61.75%
FCF Payout Ratio
33.03%
52-Week Range
$41.29 - $50.44
Dividend History (2016–2025)
CWT annual dividend per share and yield history
Earnings & Profitability
CWT earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
May 11, 2026
Last Payment Date
May 22, 2026
Dividend Growth
3-Year Dividend CAGR
7.43%
5-Year Dividend CAGR
7.79%
10-Year Dividend CAGR
6.32%
3-Year Total Growth
24.00%
5-Year Total Growth
45.54%
10-Year Total Growth
84.52%
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Frequently Asked Questions
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.