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California Water Service Group (CWT) logo

California Water Service Group

S&P 500

CWT/Utilities · Utilities - Regulated Water/NYSE

Dividend Yield

2.81%

$1.27 · Annual Dividend

Stock Price$47.55P/E22.6MCap2.7BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

76/ 100Safe

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 Safe
61.8%Very Safe
33.0%Very Safe
24.4%Very Safe

Balance Sheet

Caution

Profitability

Caution
7.2%Warning
10.3%Caution
64.4%Very Safe

Dividend Track Record

Very Safe
11+ yrsVery Safe
NoneVery Safe
GrowingVery Safe

About 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%

Income Calculator

CWT Dividend Calculator

Total Investment

$4,755.00

Annual Income

$127.00

Quarterly Income

$31.75

Monthly Income

$10.58

Frequently Asked Questions

What is CWT's current dividend yield?
California Water Service Group (CWT) currently has a dividend yield of 2.81%, based on a stock price of $47.55 and an annual dividend of $1.27.
When is CWT's next dividend payment date?
CWT's next ex-dividend date is 2026-05-11 and the next payment date is 2026-05-22. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does CWT pay in dividends per year?
California Water Service Group paid $1.24 per share in annual dividends in 2025. The dividends are paid quarterly.
Has CWT been increasing its dividend?
California Water Service Group has grown its dividend at a 5-year CAGR of 7.79% and a 10-year CAGR of 6.32%.
Is CWT's dividend safe?
California Water Service Group has a payout ratio of 61.75%. Its free cash flow payout ratio is 33.03%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is CWT's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates California Water Service Group's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for utilities companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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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.