American Water Works Boosts Dividend 8.2% to $0.8275

American Water Works Company (AWK), the largest regulated water and wastewater utility in the U.S., has announced an 8.2% increase in its quarterly dividend, raising it to $0.8275 per share. This move aligns with the company's guidance of 7–9% annual growth in earnings per share and dividends, and marks the 11th consecutive year of dividend increases. The new dividend will be payable on June 3, 2025, to shareholders of record as of May 13, 2025. Company leadership emphasized dividends as a central component of their shareholder value strategy, maintaining a target payout ratio of 55–60% of earnings. Analyst projections indicate a consensus 'Hold' rating for the stock, with an average one-year price target slightly below the current trading price, although some models suggest potential for upside. American Water also offers a dividend reinvestment and direct stock purchase plan for shareholders interested in growing their investment.