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Data last updated: Sep 06, 2026
Snapshot (as of Sep 06, 2026): American Water Works Company, Inc. (AWK) pays a $3.45 annual dividend ($0.90 quarterly), yielding 2.45% at $140.70/share. Next ex-dividend date 2026-08-11. 12 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.45%
Annual Dividend: $3.45 per share
Payout Ratio: 58.3%
Ex-Dividend Date: 2026-08-11
Dividend Frequency: quarterly
Sector: Utilities
Years of Dividend History: 19
American Water Works Company, Inc. dividend income comes from one of the largest regulated water utilities in the United States, serving roughly 3.4 million customers across 14 states. AWK currently yields 2.45%, with a trailing annual dividend rate of $3.4450 per share paid quarterly. The next ex-dividend date is August 11, 2026. A beta of 0.58 makes this a low-volatility holding, which suits income investors who prioritize steady payouts over price swings.
American Water Works Company, Inc. pays out 58.3% of earnings as dividends, a payout ratio classified as moderate (40–60%). That level leaves a meaningful buffer, supported by the company's essential-service model: water and wastewater delivery to roughly 14 million people across 24 states is not discretionary demand. American Water Works Company, Inc. dividend safety benefits from that captive customer base, though capital-intensive infrastructure, including 52,500 miles of mains and 76 dams, creates ongoing spending requirements that could pressure free cash flow over time.
American Water Works Company, Inc. dividend history shows a CAGR of 9.3% per year from 2010 to 2025. The per-share annual dividend grew from $0.8600 to $3.2475 over that period (2026 data is partial and excluded from the CAGR calculation). The largest annual increase in the window was 34.4% in 2012. AWK has raised its dividend for 12 consecutive years, and the growth rate is fast enough to meaningfully outpace typical inflation over a full holding period.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +8.1% | $2.57 (2022) | $3.25 (2025) |
| 5-Year | +8.6% | $2.15 (2020) | $3.25 (2025) |
| 10-Year | +9.3% | $1.33 (2015) | $3.25 (2025) |
AWK fits dividend investors who want a moderate (2–4%) yield from an essential-service business with a long growth runway. At 2.45%, the current yield sits above the 5-year average of 1.98%, which means income buyers today are getting more yield than the historical norm for this stock. The 58.3% payout ratio is not stretched, and 12 consecutive years of increases reflect a disciplined approach to dividend growth. The trade-off is that yield is not high in absolute terms, so total income depends heavily on position size. What American Water Works Company, Inc. stock offers is a combination of above-average dividend growth and below-average price volatility, not a high starting yield.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-11 | $0.8950 |
| 2026-05-12 | $0.8950 |
| 2026-02-10 | $0.8275 |
| 2025-11-13 | $0.8275 |
| 2025-08-12 | $0.8275 |
| 2025-05-13 | $0.8275 |
| 2025-02-07 | $0.7650 |
| 2024-11-12 | $0.7650 |
| 2024-08-13 | $0.7650 |
| 2024-05-13 | $0.7650 |
| Year | Total Dividends |
|---|---|
| 2026 | $2.6175 |
| 2025 | $3.2475 |
| 2024 | $3.0025 |
| 2023 | $2.7775 |
| 2022 | $2.5675 |
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