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Data last updated: Oct 19, 2026
Snapshot (as of Oct 19, 2026): American Water Works Company, Inc. (AWK) pays a $3.38 annual dividend ($0.90 quarterly), yielding 2.65% at $134.94/share. Next ex-dividend date 2026-08-11. 12 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.65%
Annual Dividend: $3.38 per share
Payout Ratio: 58.5%
Ex-Dividend Date: 2026-08-11
Dividend Frequency: quarterly
Sector: Utilities
Years of Dividend History: 19
American Water Works Company, Inc. dividend comes from the largest regulated water and wastewater utility in the United States, serving roughly 3.6 million active customers across 14 states. AWK currently yields 2.78%, with trailing twelve-month payments of $3.3780 per share paid quarterly. The next ex-dividend date is August 11, 2026. A beta of 0.569 points to below-average price volatility, which suits income investors who prioritize predictability over price swings.
American Water Works Company, Inc. pays out 58.5% of earnings as dividends, a payout ratio classified as moderate (40–60%). Water and wastewater service is a non-discretionary utility, and AWK's network spans 55,000 miles of mains and pipes serving residential, commercial, industrial, and government customers — demand that does not disappear in a downturn. American Water Works Company, Inc. dividend safety benefits from that captive customer base, though capital-intensive infrastructure at this scale requires ongoing investment that competes with dividend growth for available cash.
American Water Works Company, Inc. dividend history shows a CAGR of 9.3% per year from 2010 to 2025. Per-share payments 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, while the smallest single-year step-up visible in the complete annual data was roughly 7.4% between 2022 and 2023.
| 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 backed by a non-discretionary utility business. At 2.78%, the current yield sits meaningfully above the 5-year average of 1.99%, which means buyers today are locking in a higher income rate relative to recent history. Twelve consecutive years of dividend increases and a 9.3% CAGR show a real commitment to growing the payout. The trade-off is that growth at this pace from a regulated utility depends on rate approvals and capital spending cycles, and the yield, while above its own historical average, remains in moderate territory for income-focused portfolios.
| 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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