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American Water Announces Dividend Increase

1. AWK declares an 8.2% quarterly dividend increase to $0.8275. 2. The dividend growth reflects strong EPS guidance and strategic execution.

Dividend Change
+0.46%Current Return
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+1.99%S&P 500
$145.75504/30 11:04 AM EDTEvent Start
$146.4305/01 05:56 PM EDTLatest Updated
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FAQ

Why Bullish?

The dividend increase signals company strength and operational success, likely attracting more investors. Historically, dividend increases correlate with positive stock performance, enhancing investor confidence.

How important is it?

Dividend increases directly relate to investor perceptions, indicating financial health and stability, driving interest in AWK.

Why Short Term?

The immediate impact of dividend announcements typically influences stock prices within weeks. Recent trends show similar announcements boosting stock value shortly after the declaration.

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SREDDUK
CAMDEN, N.J.--(BUSINESS WIRE)--American Water Works Company, Inc. (NYSE: AWK) announced that its board of directors today declared a quarterly cash dividend payment of $0.8275 per share of common stock, an increase of 8.2 percent. “American Water continues to set the benchmark for dividend growth within the industry. The increase is in line with our 7 to 9 percent EPS and dividend growth guidance and is a testament to our execution of effective strategic initiatives,” said John Griffith, Presid.

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