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California Water Service Group (California Water Service Group) Dividend Yield % : 2.21% (As of Apr. 27, 2024)


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What is California Water Service Group Dividend Yield %?

As of today (2024-04-27), the Trailing Annual Dividend Yield of California Water Service Group is 2.21%.

Good Sign:

California Water Service Group stock dividend yield is close to 5-year high.

The historical rank and industry rank for California Water Service Group's Dividend Yield % or its related term are showing as below:

CWT' s Dividend Yield % Range Over the Past 10 Years
Min: 1.28   Med: 1.87   Max: 3.36
Current: 2.21

During the past 13 years, the highest Dividend Yield of California Water Service Group was 3.36%. The lowest was 1.28%. And the median was 1.87%.

CWT's Dividend Yield % is ranked worse than
73.49% of 430 companies
in the Utilities - Regulated industry
Industry Median: 3.88 vs CWT: 2.21

California Water Service Group's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.51.

During the past 13 years, the highest Dividend Payout Ratio of California Water Service Group was 1.25. The lowest was 0.44. And the median was 0.58.

As of today (2024-04-27), the Forward Dividend Yield % of California Water Service Group is 2.34%.

California Water Service Group's Dividends per Share for the three months ended in Dec. 2023 was $0.26.

During the past 12 months, California Water Service Group's average Dividends Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of California Water Service Group was 16.90% per year. The lowest was 0.40% per year. And the median was 2.35% per year.

The growth rate is calculated with least square regression.

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


California Water Service Group Dividend Yield % Historical Data

The historical data trend for California Water Service Group's Dividend Yield % 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.

* Premium members only.

California Water Service Group Dividend Yield % Chart

California Water Service Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.57 1.28 1.61 2.01

California Water Service Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % 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 1.74 1.98 2.18 2.01 2.28

Competitive Comparison of California Water Service Group's Dividend Yield %

For the Utilities - Regulated Water subindustry, California Water Service Group's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


California Water Service Group's Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, California Water Service Group's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where California Water Service Group's Dividend Yield % falls into.



California Water Service Group Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

California Water Service Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2802024-02-092024-02-122024-02-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.2602023-11-032023-11-062023-11-17Cash DividendquarterlyUSD:USD 1.000000
USD 0.2602023-08-042023-08-072023-08-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.2602023-05-052023-05-082023-05-19Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

California Water Service Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.06/47.93
=2.21 %

Current Share Price is $47.93.
California Water Service Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.06.

California Water Service Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.12/47.93
=2.34 %

Current Share Price is $47.93.
California Water Service Group's Dividends per Share for the forward twelve months is calculated as $0.28 * 4 = $1.12.

* 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.


California Water Service Group  (NYSE:CWT) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


California Water Service Group Dividend Yield % Related Terms

Thank you for viewing the detailed overview of California Water Service Group's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


California Water Service Group (California Water Service Group) Business Description

Traded in Other Exchanges
Address
1720 North First Street, San Jose, CA, USA, 95112
California Water Service Group is a U.S. water and utilities holding company based in California. The company engages in the production, treatment, storage, distribution, and sale of water for various uses. The firm operates through its subsidiaries, which can be divided between regulated and unregulated businesses. The regulated public utilities subsidiaries operate in California, New Mexico, Washington, and Hawaii. The unregulated subsidiaries provide water utility services to private companies and municipalities. The company derives the majority of its revenue from its operations in California and, overall, from residential customers.
Executives
Thomas M Krummel director C/O CALIFORNIA WATER SERVICE GROUP, 1720 N. FIRST STREET, SAN JOSE CA 95118
Michelle R Mortensen officer: Corporate Secretary 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Jeffrey Kightlinger director 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Charles R. Patton director 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
David B Healey officer: VP, CEO and Treasurer C/O CALIFORNIA WATER SERVICE COMPANY, 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Robert J Kuta officer: VP, Engineering 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Shelly Marian Esque director 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Yvonne Aida Maldonado director 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Carol M Pottenger director 1720 NORTH FIRST STREET, SAN JOSE CA 95020
Gregory E Aliff director 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Peter C Nelson director C/O CALIFORNIA WATER SERVICE GROUP, 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Lester A Snow director C/O CALIFORNIA WATER SERVICE GROUP, 1720 N FIRST STREET, SAN JOSE CA 95112
Patricia K Wagner director 1720 NORTH FIRST STREET, SAN JOSE CA 95020
Scott L Morris director 1411 E MISSION AVE, SPOKANE WA 99202
Shawn C Bunting officer: VP Corporate Council 1720 NORTH FIRST STREET, SAN JOSE CA 95112