California Water Service Group declares $0.30 quarterly dividend, payable November 21, 2025, to eligible stockholders.
Quiver AI Summary
On October 29, 2025, the California Water Service Group's Board of Directors declared a quarterly dividend of $0.30 per common share, marking the company's 323rd consecutive dividend. This payment is scheduled for November 21, 2025, to stockholders who are on record as of November 10, 2025. The California Water Service Group, which operates various regulated utilities across five states, provides water and wastewater services to over 2.1 million people. The company's common stock is traded on the New York Stock Exchange under the symbol "CWT." The press release also includes forward-looking statements regarding expectations and conditions affecting future performance, emphasizing that such statements are subject to uncertainties and risks.
Potential Positives
- California Water Service Group has demonstrated financial stability and commitment to shareholder return by declaring its 323rd consecutive quarterly dividend.
- The declared dividend of $0.30 per common share underlines the company's reliability and positive cash flow management.
- The upcoming dividend payment indicates continued confidence in the company's financial health and operational performance.
- Providing regulated and non-regulated water and wastewater services to over 2.1 million people highlights the company's significant market presence and potential for long-term growth.
Potential Negatives
- The press release emphasizes that forward-looking statements are subject to numerous uncertainties and risks, which may lead to actual outcomes differing materially from what is expected, potentially causing investor concern.
- Investors are cautioned not to place undue reliance on the forward-looking statements, highlighting a lack of guarantee about the company's future performance and stability.
- The risk factors and uncertainties mentioned in the release may generate apprehension among shareholders regarding the sustainability of the company's dividend payment in the future.
FAQ
What is the amount of the recent quarterly dividend declared by California Water Service Group?
The recent quarterly dividend declared is $0.30 per common share.
When will the quarterly dividend be payable to shareholders?
The quarterly dividend will be payable on November 21, 2025.
What is the record date for the quarterly dividend?
The record date for the quarterly dividend is November 10, 2025.
Which states does California Water Service Group provide service to?
California Water Service Group provides service in California, Hawaii, New Mexico, Washington, and Texas.
Where can I find more information about California Water Service Group?
More information is available on the California Water Service Group's official website at www.calwatergroup.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CWT Insider Trading Activity
$CWT insiders have traded $CWT stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $CWT stock by insiders over the last 6 months:
- LESTER A SNOW sold 1,200 shares for an estimated $55,812
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$CWT Hedge Fund Activity
We have seen 148 institutional investors add shares of $CWT stock to their portfolio, and 156 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 988,111 shares (+1532.3%) to their portfolio in Q2 2025, for an estimated $44,939,288
- BLACKROCK, INC. removed 613,299 shares (-5.6%) from their portfolio in Q2 2025, for an estimated $27,892,838
- NUANCE INVESTMENTS, LLC removed 288,896 shares (-14.3%) from their portfolio in Q2 2025, for an estimated $13,138,990
- NORTHERN TRUST CORP removed 259,095 shares (-26.6%) from their portfolio in Q2 2025, for an estimated $11,783,640
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 246,631 shares (+8.1%) to their portfolio in Q2 2025, for an estimated $11,216,777
- GOLDMAN SACHS GROUP INC removed 226,635 shares (-49.9%) from their portfolio in Q2 2025, for an estimated $10,307,359
- 1832 ASSET MANAGEMENT L.P. removed 200,000 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $9,096,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SAN JOSE, Calif., Oct. 29, 2025 (GLOBE NEWSWIRE) -- At its meeting on October 29, 2025, the California Water Service Group (NYSE: CWT) (Company) Board of Directors declared the Company’s 323rd consecutive quarterly dividend in the amount of $0.30 per common share. The quarterly dividend will be payable on November 21, 2025, to stockholders of record as of the close of business on November 10, 2025.
About California Water Service Group
California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, as well as Texas Water Service, a utility holding company. Together, these companies provide regulated and non-regulated water and wastewater service to more than 2.1 million people in California, Hawaii, New Mexico, Washington, and Texas. California Water Service Group’s common stock trades on the New York Stock Exchange under the symbol “CWT.” Additional information is available online at
www.calwatergroup.com
.
Forward Looking Statements
This news release contains forward-looking statements within the meaning established by the Private Securities Litigation Reform Act of 1995 (“PSLRA”). The forward-looking statements are intended to qualify under provisions of the federal securities laws for “safe harbor” treatment established by the PSLRA. Forward-looking statements in this news release are based on currently available information, expectations, estimates, assumptions and projections, and our management’s beliefs, assumptions, judgments and expectations about us, the water utility industry and general economic conditions. These statements are not statements of historical fact. When used in our documents, statements that are not historical in nature, including words like will, would, expects, intends, plans, believes, may, could, estimates, assumes, anticipates, projects, progress, predicts, hopes, targets, forecasts, should, seeks or variations of these words or similar expressions are intended to identify forward-looking statements. Examples of forward-looking statements in this news release include statements describing the expected timing of the quarterly dividend payment. Forward-looking statements are not guarantees of future performance. They are based on numerous assumptions that we believe are reasonable, but they are open to a wide range of uncertainties and business risks. Consequently, actual results or outcomes may vary materially from what is contained in a forward-looking statement. Factors that may cause actual results or outcomes to be different than those expected or anticipated include but are not limited to those described under the section entitled “Risk Factors” and elsewhere in our most recent Annual Report on Form 10-K, our subsequent Quarterly Reports on Form 10-Q and our other Securities and Exchange Commission filings. In light of these risks, uncertainties and assumptions, investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this news release. We are not under any obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact
James P. Lynch
408-367-8200
Shannon Dean
[email protected]
408-367-8243
