CWT Dividend History & Analysis | 2.8% Yield

CWT has a dividend yield of 2.8% and paid 1.27 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.83%
Payout Ratio 63.5%
Growth Rate CAGR 5y 6.7%
Consistency Lifetime 100%
Yield on Cost 5y 2.4%
Payout FCF -
Streak Years 5
Dividend Rating 62%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
Payout Yield (right) Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Water Utilities

Top 3 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
SBS 19,006 M 2.23% 39.95%
AWR 3,072 M 2.71% 2.73%
CWCO 479 M 1.70% 4.72%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
SBS 19,006 M 19.31% 100.0%
CWCO 479 M 13.33% 97.2%
AWR 3,072 M 8.31% 100.0%
AWK 24,307 M 8.13% 100.0%
WTRG 10,597 M 6.42% 100.0%
CWT Dividend History: Last 20 Payments (USD) as of June 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-05-11 2026-05-11 2026-05-22 Quarterly 0.335 0% 0.775%
2026-02-09 2026-02-09 2026-02-20 Quarterly 0.335 +11.7% 0.759%
2025-11-10 2025-11-10 2025-11-21 Quarterly 0.3 0% 0.652%
2025-08-11 2025-08-11 2025-08-22 Quarterly 0.3 0% 0.645%
2025-05-12 2025-05-12 2025-05-23 Quarterly 0.3 0% 0.619%
2025-02-10 2025-02-10 2025-02-21 Quarterly 0.3 +7.1% 0.684%
2024-11-12 2024-11-12 2024-11-22 Quarterly 0.28 0% 0.542%
2024-08-12 2024-08-12 2024-08-23 Quarterly 0.28 0% 0.534%
2024-05-03 2024-05-06 2024-05-17 Quarterly 0.28 +7.7% 0.551%
2024-02-09 2024-02-12 2024-02-23 Quarterly 0.26 0% 0.561%
2023-11-03 2023-11-06 2023-11-17 Quarterly 0.26 0% 0.505%
2023-08-04 2023-08-07 2023-08-18 Quarterly 0.26 0% 0.512%
2023-05-05 2023-05-08 2023-05-19 Quarterly 0.26 0% 0.458%
2023-02-03 2023-02-06 2023-02-17 Quarterly 0.26 +4% 0.41%
2022-11-04 2022-11-07 2022-11-18 Quarterly 0.25 0% 0.427%
2022-08-05 2022-08-08 2022-08-19 Quarterly 0.25 0% 0.412%
2022-05-06 2022-05-09 2022-05-20 Quarterly 0.25 0% 0.498%
2022-02-04 2022-02-07 2022-02-18 Quarterly 0.25 +8.7% 0.408%
2021-11-05 2021-11-08 2021-11-19 Quarterly 0.23 0% 0.366%
2021-08-06 2021-08-09 2021-08-20 Quarterly 0.23 0% 0.351%

CWT Dividend FAQ

What is the Dividend Yield of CWT?

As of June 2026, CWT's dividend yield is 2.83%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.27 USD by the current share price of 45.35.

Does CWT pay a dividend?

As of June 2026, CWT paid a dividend of 1.27 USD in the last 12 months. The last dividend was paid on 2026-05-11 and the payout was 0.335 USD.

How often does CWT pay dividends?

CWT pays dividends quarterly. Over the last 12 months, CWT has issued 4 dividend payments. The last dividend payment was made on 2026-05-11.

CWT dividend forecast

Based on historical data, the forecasted dividends per share for CWT for the next payments are between 0.334 (-0.3%) and 0.364 (+8.7%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 3.05%.

Will CWT pay dividends in 2026?

The latest dividend paid per share was 0.335 USD with an Ex-Dividend Date of 2026-05-11. The next Ex-Dividend date for California Water Service (CWT) is currently unknown.

What is the next Ex-Dividend Date for CWT?

The next Ex-Dividend date for California Water Service (CWT) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of CWT?

CWT's average dividend growth rate over the past 5 years is 6.74% per year. Strong growth: CWT's dividend growth is outpacing inflation.

What is the Yield on Cost of CWT?

CWT's 5-Year Yield on Cost is 2.40%. If you bought CWT's shares at 52.90 USD five years ago, your current annual dividend income (1.27 USD per share, trailing 12 months) equals 2.40% of your original purchase price.

What is the Payout Consistency of CWT?

CWT Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: California Water Service has a strong track record of consistent dividend payments over its lifetime.

Does CWT have a good Dividend Yield?

CWT's 2.83% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of CWT?

The Dividend Payout Ratio of CWT is 63.5%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of CWT?

CWT's Overall Dividend Rating is 61.98%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

CWT Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.
What is the Trend in CWT's Outstanding Shares?

California Water Service's outstanding shares have increased by approximately 1.54% annually over the past 3 years (Trend Reliability: 95.6%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has CWT ever had a Stock Split?

Yes, the last stock split was on Jun 13, 2011 with a ratio of 2:1. This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 21,944,000 0%
1986 22,096,000 +0.69%
1987 22,208,000 +0.51%
1988 22,656,000 +2.02%
1989 22,553,200 -0.45%
1990 22,800,000 +1.09%
1991 23,448,300 +2.84%
1992 22,702,700 -3.18%
1993 22,545,500 -0.69%
1994 23,137,300 +2.62%
1995 25,000,000 +8.05%
1996 25,588,200 +2.35%
1997 25,483,900 -0.41%
1998 25,000,000 -1.9%
1999 25,872,000 +3.49%
2000 30,364,000 +17.36%
2001 30,364,000 0%
2002 30,364,000 0%
2003 33,864,000 +11.53%
2004 36,742,000 +8.5%
2005 36,806,000 +0.17%
2006 41,318,000 +12.26%
2007 41,376,000 +0.14%
2008 41,460,000 +0.2%
2009 41,556,000 +0.23%
2010 41,696,000 +0.34%
2011 41,842,000 +0.35%
2012 41,908,000 +0.16%
2013 47,780,000 +14.01%
2014 47,842,000 +0.13%
2015 47,886,000 +0.09%
2016 47,969,000 +0.17%
2017 48,030,000 +0.13%
2018 48,067,000 +0.08%
2019 48,306,000 +0.5%
2020 49,990,000 +3.49%
2021 53,157,000 +6.34%
2022 55,133,000 +3.72%
2023 57,756,000 +4.76%
2024 58,647,000 +1.54%
2025 59,691,000 +1.78%
2026 59,771,000 +0.13%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-06-12 14:13 UTC