HTO (H2O America) Dividend Payout Ratio: 0.88 (As of Mar. 2026) — 54% Above Median


HTO H2O America HTO
73 GF Score
Price $59.16
GF Value $57.40
Valuation Fairly Valued
! 9 Warning Signs
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What is H2O America Dividend Payout Ratio?

H2O America HTO +2.83% 73 Dividend Payout Ratio is 0.88 as of Mar. 2026, which is 54% above its 10-year median of 0.57. GuruFocus rates HTO with a GF Score™ of 73/100 and a GF Value™ of $57.40 (Fairly Valued). The stock has 9 warning signs investors should review. Among 373 Utilities - Regulated companies, H2O America ranks worse than 56.3% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. H2O America's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.88.

The historical rank and industry rank for H2O America's Dividend Payout Ratio or its related term are showing as below:

HTO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.57   Max: 1
Current: 0.58

During the past 13 years, the highest Dividend Payout Ratio of H2O America was 1.00. The lowest was 0.37. And the median was 0.57.

HTO's Dividend Payout Ratio is ranked worse than
56.3% of 373 companies
in the Utilities - Regulated industry
Industry Median: 0.54 vs HTO: 0.58

As of today (2026-06-25), the Dividend Yield % of H2O America is 2.94%.

During the past 13 years, the highest Trailing Annual Dividend Yield of H2O America was 3.71%. The lowest was 1.28%. And the median was 1.96%.

H2O America's Dividends per Share for the months ended in Mar. 2026 was $0.44.

During the past 12 months, H2O America's average Dividends Per Share Growth Rate was 4.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of H2O America was 14.00% per year. The lowest was 2.30% per year. And the median was 4.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

H2O America (NAS:HTO) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

H2O America Dividend Payout Ratio Related Terms

H2O America Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for H2O America's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

H2O America Dividend Payout Ratio Chart

H2O America Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.64 0.57 0.54 0.56

H2O America Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 0.59 0.33 0.91 0.88

HTO vs CWT, AWR, MSEX: Dividend Payout Ratio Comparison

For the Utilities - Regulated Water subindustry, H2O America's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

H2O America Dividend Payout Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, H2O America's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where H2O America's Dividend Payout Ratio falls into.


HTO
73GF Score
H2O America HTO
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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H2O America Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

H2O America's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=1.68/ 2.99
=0.56

H2O America's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.44/ 0.5
=0.88

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.88 mean?
H2O America (HTO) has a Dividend Payout Ratio of 0.88 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on H2O America and its competitors. This is 54% above median its historical median of 0.57. Over the past decade, H2O America's Dividend Payout Ratio has ranged from 0.37 to 1.00. According to the industry distribution chart, H2O America ranks #210 out of 373 companies in the Utilities - Regulated industry, placing it in the top 56.3%.
Is H2O America's Dividend Payout Ratio too high?
H2O America's current Dividend Payout Ratio of 0.88 is 54% above median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.00. The Utilities - Regulated industry median Dividend Payout Ratio is 0.54. H2O America's value of 0.88 is 63% above this industry median. Based on the distribution chart, H2O America ranks #210 out of 373 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, H2O America has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does H2O America's Dividend Payout Ratio compare to CWT and AWR?
According to the Utilities - Regulated industry distribution chart, H2O America ranks #210 out of 373 companies for Dividend Payout Ratio. This places H2O America in the lower half of its industry. The industry median Dividend Payout Ratio is 0.54. H2O America's value of 0.88 is 63% above this benchmark. Historically, H2O America's own Dividend Payout Ratio has ranged from 0.37 to 1.00 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.54, H2O America has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Utilities - Regulated company?
The median Dividend Payout Ratio among Utilities - Regulated companies is 0.54, based on 373 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. H2O America's current Dividend Payout Ratio of 0.88 is 63% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on H2O America and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H2O America's current Dividend Payout Ratio is 0.88, which is 54% above median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H2O America stock overvalued right now?
Based on GuruFocus' analysis, H2O America (HTO) is currently considered Fairly Valued. The stock's GF Value™ is $57.40, compared to a current price of $59.16 — trading 3.1% above its estimated fair value. The current Dividend Payout Ratio is 0.88, which is 54% above median its 10-year median of 0.57 and 63% above the Utilities - Regulated industry median of 0.54. H2O America's overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For H2O America (HTO), the current Dividend Payout Ratio is 0.88 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is H2O America (HTO) Overvalued in 2026?

Based on GuruFocus' analysis, H2O America stock appears to be overvalued. The current stock price of $59.16 is trading 3.1% above its estimated GF Value™ of $57.40. GuruFocus considers H2O America to be Fairly Valued.

Key valuation signals for HTO:

  • Dividend Payout Ratio: 0.88 (54% above median its 10-year median of 0.57)
  • GF Value™: $57.40 vs. price of $59.16 (3.1% above fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 63% above the Utilities - Regulated median (#210 of 373)

No single metric tells the full story. See the HTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

H2O America Business Description

Other Exchanges 76W:Germany
Address 110 West Taylor Street, San Jose, CA, USA, 95110
H2O America is a national investor-owned network of local water and wastewater utilities united by one purpose: delivering clean, high-quality water to the communities it calls home. Across approximately 407,000 water and wastewater service connections, the company invests in critical infrastructure to strengthen the water supply for generations to come. Its single reportable segment provides water utility and utility-related services to its customers.
73GF Score

Get the complete analysis for HTO

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$59.16
Price
$57.40
GF Value