CWT Dividend History & Analysis | 2.6% Yield

CWT has a dividend yield of 2.6% and paid 1.54 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.63%
Payout Ratio 63.0%
Growth Rate CAGR 5y 6.87%
Consistency Lifetime 97.5%
Yield on Cost 5y 2.92%
Payout FCF -
Streak Years 41
Dividend Rating 68.36%
Ex-Dividend in 1 days: Buy before Feb 9, 2026 to receive the next dividend.

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
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.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 3.9%
Total Return 5y: -14.2%

Top Dividend Payers in Water Utilities

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
SBS 18,925 M 5.32% 17.3%
WTRG 10,981 M 3.56% 4.06%
HTO 1,736 M 3.38% 3.43%
CWCO 603 M 1.72% 4.36%
AWR 2,825 M 2.55% 2.65%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
SBS 18,925 M 99.9% 77.3%
CWCO 603 M 10.1% 94.3%
AWR 2,825 M 8.48% 98.0%
AWK 25,203 M 8.33% 98.4%
WTRG 10,981 M 6.55% 99.6%

Quality Dividend Peers in Water Utilities

SBS
Companhia de Saneamento
 5.32% Yield

CWT Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-02-09 2026-02-09 2026-02-20 0.335 11.7% N/A
2025-11-10 2025-11-10 2025-11-21 Quarterly 0.3 0% 0.65%
2025-08-11 2025-08-11 2025-08-22 Quarterly 0.3 0% 0.65%
2025-05-12 2025-05-12 2025-05-23 Quarterly 0.3 0% 0.62%
2025-02-10 2025-02-10 2025-02-21 Quarterly 0.3 7.1% 0.68%
2024-11-12 2024-11-12 2024-11-22 Quarterly 0.28 0% 0.54%
2024-08-12 2024-08-12 2024-08-23 Quarterly 0.28 0% 0.53%
2024-05-03 2024-05-06 2024-05-17 Quarterly 0.28 7.7% 0.55%
2024-02-09 2024-02-12 2024-02-23 Quarterly 0.26 0% 0.56%
2023-11-03 2023-11-06 2023-11-17 Quarterly 0.26 0% 0.51%
2023-08-04 2023-08-07 2023-08-18 Quarterly 0.26 0% 0.51%
2023-05-05 2023-05-08 2023-05-19 Quarterly 0.26 0% 0.46%
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% 0.43%
2022-08-05 2022-08-08 2022-08-19 Quarterly 0.25 0% 0.41%
2022-05-06 2022-05-09 2022-05-20 Quarterly 0.25 0% 0.5%
2022-02-04 2022-02-07 2022-02-18 Quarterly 0.25 8.7% 0.41%
2021-11-05 2021-11-08 2021-11-19 Quarterly 0.23 0% 0.37%
2021-08-06 2021-08-09 2021-08-20 Quarterly 0.23 0% 0.35%
2021-05-07 2021-05-10 2021-05-21 Quarterly 0.23 0% 0.4%
2021-02-05 2021-02-08 2021-02-19 Quarterly 0.23 8.2% N/A
2020-11-06 2020-11-09 2020-11-20 Quarterly 0.2125 0% N/A
2020-08-07 2020-08-10 2020-08-21 Quarterly 0.2125 0% N/A
2020-05-08 2020-05-11 2020-05-22 Quarterly 0.2125 0% N/A
2020-02-07 2020-02-10 2020-02-21 Quarterly 0.2125 7.6% N/A
2019-11-07 2019-11-11 2019-11-22 Quarterly 0.1975 0% N/A
2019-08-09 2019-08-12 2019-08-23 Quarterly 0.1975 0% N/A
2019-05-03 2019-05-06 2019-05-17 Quarterly 0.1975 0% N/A
2019-02-08 2019-02-11 2019-02-22 Quarterly 0.1975 5.3% N/A
2018-11-08 2018-11-12 2018-11-23 Quarterly 0.1875 0% N/A
2018-08-03 2018-08-06 2018-08-17 Quarterly 0.1875 0% N/A
2018-05-04 2018-05-07 2018-05-18 Quarterly 0.1875 0% N/A
2018-02-09 2018-02-12 2018-02-23 Quarterly 0.1875 4.2% N/A
2017-11-03 2017-11-06 2017-11-17 Quarterly 0.18 0% N/A
2017-08-03 2017-08-07 2017-08-18 Quarterly 0.18 0% N/A
2017-05-04 2017-05-08 2017-05-19 Quarterly 0.18 0% N/A
2017-02-02 2017-02-06 2017-02-17 Quarterly 0.18 4.3% N/A
2016-11-03 2016-11-07 2016-11-18 Quarterly 0.1725 0% N/A
2016-08-04 2016-08-08 2016-08-19 Quarterly 0.1725 0% N/A
2016-05-05 2016-05-09 2016-05-20 Quarterly 0.1725 0% N/A
2016-02-04 2016-02-08 2016-02-19 Quarterly 0.1725 3% N/A
2015-11-05 2015-11-09 2015-11-20 Quarterly 0.1675 0% N/A
2015-08-06 2015-08-10 2015-08-21 Quarterly 0.1675 0% N/A
2015-05-07 2015-05-11 2015-05-22 Quarterly 0.1675 0% N/A
2015-02-05 2015-02-09 2015-02-20 Quarterly 0.1675 3.1% N/A
2014-11-06 2014-11-10 2014-11-21 Quarterly 0.1625 0% N/A
2014-08-07 2014-08-11 2014-08-22 Quarterly 0.1625 0% N/A
2014-05-08 2014-05-12 2014-05-23 Quarterly 0.1625 0% N/A
2014-02-06 2014-02-10 2014-02-21 Quarterly 0.1625 1.6% N/A
2013-11-07 2013-11-12 2013-11-25 Quarterly 0.16 0% N/A

CWT Dividend FAQ

California Water Service Group (CWT) operates regulated water-utility businesses across five states, serving roughly 556,000 water and wastewater connections-including 499,400 in 100 California communities, 6,700 on the Hawaiian islands, 38,300 in western Washington, and 11,500 in central New Mexico/Texas. Its core activities span water production, purchase, storage, treatment, testing, distribution, and fire-protection services, complemented by non-regulated offerings such as municipal system operations, meter-reading, billing, antenna-site leasing, and third-party insurance programs.

What is the Dividend Yield of CWT?

As of February 2026, CWT`s dividend yield is 2.63%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.54 USD by the current share price of 45.12.

Does CWT pay a dividend?

As of February 2026, CWT paid a dividend of 1.54 USD in the last 12 months. The last dividend was paid on 2026-02-09 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 5 dividend payments. The last dividend payment was made on 2026-02-09.

CWT dividend forecast

Based on historical data, the forecasted dividends per share for CWT for the next 4 payments are between 0.166 (-50.4%) and 0.192 (-42.7%).
This represents a significant dividend cut compared to the last payment.

Will CWT pay dividends in 2026?

The latest dividend paid per share was 0.335 USD with an Ex-Dividend Date of 2026-02-09. The next Ex-Dividend date for California Water Service (CWT) is 2026-02-09.

What is the next Ex-Dividend Date for CWT?

The next Ex-Dividend date for California Water Service (CWT) is 2026-02-09.

What is the Dividend Growth of CWT?

CWT's average dividend growth rate over the past 5 years is 6.87% 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 2.92%. If you bought CWT's shares at 52.57 USD five years ago, your current annual dividend income (1.54 USD per share, trailing 12 months) equals 2.92% of your original purchase price.

What is the Payout Consistency of CWT?

CWT Payout Consistency is 97.5%. 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 2.63% 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 63.0%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of CWT?

CWT`s Overall Dividend Rating is 68.36%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

CWT Outstanding Shares Analysis

What is the Trend in CWT's Outstanding Shares?

California Water Service's outstanding shares have increased by approximately 1.63% annually over the past 3 years (Trend Reliability: 100.0%).

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
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
2002 30,364,000
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 59,653,000 +1.72%

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: 2026-02-01 02:18