CWT - Dividend announcements

SAN JOSE, Calif., Jan. 28, 2026 (GLOBE NEWSWIRE) -- To kick off its Centennial Celebration, California Water Service Group (NYSE:CWT) declared its 324th consecutive quarterly dividend in the amount of $0.3350 per common share, payable on February 20, 2026, to stockholders of record as of the close of business on February 9, 2026. The quarterly dividend increase follows the Board of Directors' announcement of its intent to increase the annual dividend by 8% or $0.10 per common share to $1.34, compared to the $1.20 annual dividend and $0.04 special dividend paid in 2025. "One of the many things we'll be celebrating during our 100th anniversary is the value we've delivered to stockholders th

SAN JOSE, Calif., Oct. 30, 2025 (GLOBE NEWSWIRE) -- California Water Service Group ((Group or Company, NYSE:CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported strong financial results for the third quarter 2025. Financial highlights included: Net income of $61.2 million in Q3 2025 and diluted EPS of $1.03, consistent with net income and diluted EPS reported in Q3 2024.$135.2 million invested in water system infrastructure during Q3 2025, a 14.8% increase over water system infrastructure investments in Q3 2024.Authorization of inflation-based interim rate increases for California Water Service (Cal Water) effective J

SAN JOSE, Calif., Oct. 29, 2025 (GLOBE NEWSWIRE) -- At its meeting on October 29, 2025, the California Water Service Group (NYSE:CWT) (Company) Board of Directors declared the Company's 323rd consecutive quarterly dividend in the amount of $0.30 per common share. The quarterly dividend will be payable on November 21, 2025, to stockholders of record as of the close of business on November 10, 2025. About California Water Service GroupCalifornia Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, as well as Texas Water Service, a utility holding company. Together, these compan

SAN JOSE, Calif., Oct. 01, 2025 (GLOBE NEWSWIRE) -- California Water Service Group ((Group, NYSE:CWT) today announced today the sale of $170,000,000 in aggregate principal amount of Senior Unsecured Notes (the Notes) by Group and $200,000,000 in aggregate principal amount of First Mortgage Bonds (the Bonds) by California Water Service Company (Cal Water), a wholly owned subsidiary of Group, in private placement transactions.  The Notes consist of $70,000,000 of 4.87% senior unsecured notes, Series A, due October 1, 2032 and $100,000,000 of 5.22% senior unsecured notes, Series B, due October 1, 2035. The Notes received an "A" rating by S&P Global (S&P) in advance of the sale. The Bonds con

SAN JOSE, Calif., July 30, 2025 (GLOBE NEWSWIRE) -- At its meeting on July 30, 2025, the California Water Service Group (NYSE:CWT) (Company) Board of Directors declared the Company's 322nd consecutive quarterly dividend in the amount of $0.30 per common share. The quarterly dividend will be payable on August 22, 2025, to stockholders of record as of the close of business on August 11, 2025. About California Water Service GroupCalifornia Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, as well as Texas Water Service, a utility holding company. Together, these companies pr

SAN JOSE, Calif., June 24, 2025 (GLOBE NEWSWIRE) -- In an expansion of its wastewater and recycled water operations, California Water Service (Cal Water) has signed an agreement with an affiliate of DMB Development to own and operate the wastewater and recycled water systems of Silverwood, a new master-planned, mixed-use community currently under construction in San Bernardino County, Calif. Cal Water is the largest subsidiary of California Water Service Group (NYSE:CWT), whose subsidiaries provide water, wastewater, and recycled water utility services across the western United States. Under the agreement, upon completion of the community's wastewater treatment plant, Cal Water will begin

SAN JOSE, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- California Water Service (Cal Water), the largest subsidiary of California Water Service Group (NYSE:CWT), has signed agreements with Casa Loma Water Company (Casa Loma) and Palm Mutual Water Company (Palm Mutual) to acquire both systems' water utility assets. Casa Loma serves about 900 people through 237 residential and 11 commercial customer connections. The system is located three miles from Cal Water's Bakersfield Operations Center and is surrounded by Cal Water's existing service area. Because Cal Water has an existing intertie with Casa Loma, Cal Water will begin delivering water to these new customers after the acquisition is com

SAN JOSE, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- At its meeting on April 30, 2025, the California Water Service Group (NYSE:CWT) (Company) Board of Directors (Board) declared the company's 321st consecutive quarterly dividend in the amount of $0.30 per common share. The quarterly dividend will be payable on May 23, 2025, to stockholders of record as of the close of business on May 12, 2025. About California Water Service GroupCalifornia Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, as well as Texas Water Service, a utility holding company. Together, these compan

SAN JOSE, Calif., Jan. 29, 2025 (GLOBE NEWSWIRE) -- At its meeting on January 29, 2025, the California Water Service Group (NYSE:CWT) (Company) Board of Directors (Board) declared the company's 320th consecutive quarterly dividend in the amount of $0.30 per common share, this reflects an $0.08 annual increase that is expected to yield an annual dividend of $1.20. In addition, the Board declared a one-time special dividend in the amount of $0.04 per common share. Both the quarterly dividend and the special one-time dividend will be payable on February 21, 2025, to stockholders of record as of the close of business on February 10, 2025. "We are pleased to be in a position to increase our an

SAN JOSE, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- At its meeting on October 30, 2024, the California Water Service Group (NYSE:CWT) Board of Directors declared the company's 319th consecutive quarterly dividend in the amount of $0.28 per common share. It will be payable on November 22, 2024 to stockholders of record as of the close of business on November 12, 2024. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, as well as Texas Water Service, a utility holding company. Together, these companies provide regulated and non-regulated water and wastewater servi

SAN JOSE, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- At its meeting on July 31, 2024, the California Water Service Group (NYSE:CWT) Board of Directors declared the company's 318th consecutive quarterly dividend in the amount of $0.28 per common share. It will be payable on August 23, 2024 to stockholders of record as of the close of business on August 12, 2024. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, as well as Texas Water Service, a utility holding company. Together, these companies provide regulated and non-regulated water and wastewater service to m

SAN JOSE, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- To continue providing safe, clean, reliable tap water to customers across the communities it serves, California Water Service (Cal Water)—the largest subsidiary of California Water Service Group (NYSE:CWT)—yesterday submitted Infrastructure Improvement Plans for its California districts from 2025-2027 in its General Rate Case (GRC) filing with the California Public Utilities Commission (CPUC). The application also proposes a Low-Use Water Equity Program, which would decouple revenue from water sales, to assist low-water-using, lower-income customers. The required, triennial filing begins an approximately 18-month review process by the CP

SAN JOSE, Calif., April 24, 2024 (GLOBE NEWSWIRE) -- At its meeting on April 24, 2024, the California Water Service Group (NYSE:CWT) Board of Directors declared the company's 317th consecutive quarterly dividend in the amount of $0.28 per common share. It will be payable on May 17, 2024 to stockholders of record as of the close of business on May 6, 2024. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, as well as Texas Water Service, a utility holding company. Together, these companies provide regulated and non-regulated water and wastewater service to more t

SAN JOSE, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- At its meeting on January 25, 2024, the California Water Service Group (NYSE:CWT) Board of Directors declared the company's 316th consecutive quarterly dividend, increasing the annual dividend by $0.08, or 7.7% from $1.04 to $1.12. This represents the company's 57th consecutive annual dividend increase. The quarterly dividend of $0.26 per common share will be payable on February 23, 2024 to stockholders of record as of the close of business on February 12, 2024. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Servi

SAN JOSE, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE:CWT) Board of Directors declared the company's 315th consecutive quarterly dividend in the amount of $0.26 per common share. It will be payable on November 17, 2023, to stockholders of record as of the close of business on November 6, 2023. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, as well as Texas Water Service, a utility holding company. Together, these companies provide regulated and non-regulated water and wastewater service to more tha

SAN JOSE, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE:CWT) Board of Directors declared the company's 314th consecutive quarterly dividend in the amount of $0.26 per common share. It will be payable on August 18, 2023 to stockholders of record as of the close of business on August 7, 2023. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, as well as Texas Water Service, a utility holding company. Together, these companies provide regulated and non-regulated water and wastewater service to more than 2

SAN JOSE, Calif., April 26, 2023 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE:CWT) Board of Directors declared the company's 313th consecutive quarterly dividend in the amount of $0.26 per common share. It will be payable on May 19, 2023 to stockholders of record on May 8, 2023. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, as well as Texas Water Service, a utility holding company. Together, these companies provide regulated and non-regulated water and wastewater service to more than 2.1 million people in California, Ha

SAN JOSE, Calif., April 04, 2023 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE:CWT) today announced that it has entered into unsecured revolving credit facilities for Group and its subsidiaries totaling $600 million for a term of five years. Of the total, $400 million is available to California Water Service Company (Cal Water), a wholly owned subsidiary of Group, and $200 million is available to Group and the subsidiaries other than Cal Water. Additionally, the credit facilities may be expanded up to an incremental $150 million under the Cal Water facility and up to $50 million under the Group facility, subject to certain conditions. The proceeds from the credit facilit

SAN JOSE, Calif., Jan. 25, 2023 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE:CWT) Board of Directors declared the company's 312th consecutive quarterly dividend, increasing the annual dividend by $0.04, or 4.0%, from $1.00 to $1.04. This represents the company's 56th consecutive annual dividend increase. The quarterly dividend of $0.26 per common share will be payable on February 17, 2023 to stockholders of record on February 6, 2023. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, Washington Water Service, and now Texas Water Service, a utility holdi

SAN JOSE, Calif., April 27, 2022 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE:CWT) Board of Directors declared the company's 309th consecutive quarterly dividend in the amount of $0.25 per common share. It will be payable on May 20, 2022 to stockholders of record on May 9, 2022. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, Washington Water Service, and now Texas Water Service, a utility holding company. Together, these companies provide regulated and non-regulated water and wastewater service to more than 2 million people in California, Hawaii, New

SAN JOSE, Calif., April 13, 2022 (GLOBE NEWSWIRE) -- Following the expansion of its environmental, social, and governance (ESG) program last year, California Water Service Group (NYSE:CWT) today released its annual ESG Report detailing the company's commitments and performance in 2021 across its subsidiaries. The report, titled "Enhancing the Quality of Life: Today & Tomorrow," highlights both ongoing efforts and significant achievements made during the year to support the utility's ESG strategy and objectives. Among the highlights are: Formalization and adoption of four ESG-related policies, including diversity, equality, and inclusion; human rights; environmental sustainability; and po

SAN JOSE, Calif., Jan. 26, 2022 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE:CWT) Board of Directors declared the company's 308th consecutive quarterly dividend, increasing the annual dividend by $0.08, or 8.7%, from $0.92 to $1.00. This represents the company's 55th consecutive annual dividend increase. The quarterly dividend of $0.25 per common share will be payable on February 18, 2022 to stockholders of record on February 7, 2022. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, Washington Water Service, and now Texas Water Service, a utility holdi

SAN JOSE, Calif., Oct. 27, 2021 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE:CWT) Board of Directors declared the company's 307th consecutive quarterly dividend in the amount of $0.23 per common share. It will be payable on November 19, 2021 to stockholders of record on November 8, 2021. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, Washington Water Service, and now Texas Water Service, a utility holding company. Together, these companies provide regulated and non-regulated water and wastewater service to more than 2 million people in California, Ha

SAN JOSE, Calif., July 28, 2021 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE:CWT) Board of Directors declared the company's 306th consecutive quarterly dividend in the amount of $0.23 per common share. It will be payable on August 20, 2021, to stockholders of record on August 9, 2021. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, Washington Water Service, and now Texas Water Service, a utility holding company. Together, these companies provide regulated and non-regulated water and wastewater service to more than 2 million people in California, Hawai

SAN JOSE, Calif., April 29, 2021 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE:CWT) ( "Company") today announced a net loss of $3.0 million or $0.06 net loss per diluted common share for the first quarter of 2021, compared to a net loss of $20.3 million or $0.42 net loss per diluted common share for the first quarter of 2020. The $17.3 million decrease in net loss was primarily due to the December 2020 decision by the California Public Utilities Commission (CPUC) resolving California Water Service Company's (Cal Water's) 2018 General Rate Case (2018 GRC). The decision authorized rate increases and the continuation of regulatory mechanisms that the Company had not recorded in th

SAN JOSE, Calif., April 28, 2021 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE:CWT) Board of Directors declared the company's 305th consecutive quarterly dividend in the amount of $0.23 per common share. It will be payable on May 21, 2021, to stockholders of record on May 10, 2021. California Water Service Group is the parent company of regulated utilities California Water Service, Washington Water Service, New Mexico Water Service, and Hawaii Water Service. Together, these companies provide regulated and non-regulated water service to more than 2 million people in more than 100 California, Washington, New Mexico, and Hawaii communities. California Wat

SAN JOSE, Calif., Jan. 27, 2021 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 304th consecutive quarterly dividend, increasing the annual dividend by $0.07, or 8.2%, from $0.85 to $0.92. This represents the company’s 54th consecutive annual dividend increase. The quarterly dividend of $0.23 per common share will be payable on February 19, 2021 to stockholders of record on February 8, 2021.  California Water Service Group is the parent company of California Water Service, Washington Water Service, New Mexico Water Service, Hawaii Water Service, Inc., CWS Utility Services, and HWS Utility Services. Together