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H2O America

HTOยทNASDAQ

$56.55

+0.80%
UtilitiesRegulated Water

H2O America, through its subsidiaries, provides water utility and other related services in the United States. The company engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services; and supplies groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from Santa Clara Valley Water District. It also offers non-tariffed services, including water system operations, maintenance agreements, and antenna site leases; contracted services, sewer operations, and other water related services; and a Linebacker protection plan for public drinking water customers in Connecticut and Maine. In addition, the company provides water services to approximately 232,000 connections that serve approximately one million people residing in portions of the cities of San Jose and Cupertino and in the cities of Campbell, Monte Sereno, Saratoga and the Town of Los Gatos, and adjacent unincorporated territories in the County of Santa Clara in the State of California; water service to approximately 142,000 service connections, which serve a population of approximately 463,000 people in 81 municipalities with a service area of approximately 275 square miles in Connecticut and Maine and approximately 3,000 wastewater connections in Southbury, Connecticut; approximately 29,000 service connections that serve approximately 88,000 people in a service area comprising more than 271 square miles in the region between San Antonio and Austin, Texas and approximately 1,000 wastewater connections. Further, it owns undeveloped land in California; and commercial properties and parcels of land in Connecticut. The company was formerly known as SJW Group and changed its name to H2O America in May 2025. H2O America was incorporated in 1985 and is headquartered in San Jose, California.

At a Glance

Live Snapshot
Market Cap$1.98B
EPS2.9300
P/E Ratio19.30
Earnings Date07/27/2026
0.71%
Dividend Yield
-16%
3Y+44.0%
5Y+34.0%
10Y+39.0%
83.69%
Dividend Payout Ratio
-10%
3Y-18.0%
5Y-77.0%
10Y+239.0%
3Y+36.0%
5Y+64.0%
10Y+284.0%
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H2O America Dividend History

HTO ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

HTO Dividend Payment History

HTO ยท NASDAQ

Total Payments

50

Latest Dividend

$0.4400

Annual Amount

$2.1400

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 27, 2026
May 11, 2026Jun 1, 2026
$0.4400
$0.4400
Quarterly0.00%
Jan 26, 2026
Feb 9, 2026Mar 2, 2026
$0.4400
$0.4400
Quarterly+4.76%
Oct 24, 2025
Nov 10, 2025Dec 1, 2025
$0.4200
$0.4200
Quarterly0.00%
Jul 25, 2025
Aug 11, 2025Sep 2, 2025
$0.4200
$0.4200
Quarterly0.00%
Apr 25, 2025
May 12, 2025Jun 2, 2025
$0.4200
$0.4200
Quarterly0.00%
Jan 29, 2025
Feb 10, 2025Mar 3, 2025
$0.4200
$0.4200
Quarterly+5.00%
Oct 25, 2024
Nov 4, 2024Dec 2, 2024
$0.4000
$0.4000
Quarterly0.00%
Jul 24, 2024
Aug 5, 2024Sep 3, 2024
$0.4000
$0.4000
Quarterly0.00%
Apr 25, 2024
May 6, 2024Jun 3, 2024
$0.4000
$0.4000
Quarterly0.00%
Jan 25, 2024
Feb 5, 2024Mar 1, 2024
$0.4000
$0.4000
Quarterly+5.26%
Oct 30, 2023
Nov 6, 2023Dec 1, 2023
$0.3800
$0.3800
Quarterly0.00%
Jul 31, 2023
Aug 7, 2023Sep 1, 2023
$0.3800
$0.3800
Quarterly0.00%
May 1, 2023
May 8, 2023Jun 1, 2023
$0.3800
$0.3800
Quarterly0.00%
Jan 26, 2023
Feb 6, 2023Mar 1, 2023
$0.3800
$0.3800
Quarterly+5.56%
Oct 26, 2022
Nov 7, 2022Dec 1, 2022
$0.3600
$0.3600
Quarterly0.00%
Jul 27, 2022
Aug 8, 2022Sep 1, 2022
$0.3600
$0.3600
Quarterly0.00%
Apr 27, 2022
May 9, 2022Jun 1, 2022
$0.3600
$0.3600
Quarterly0.00%
Jan 27, 2022
Feb 7, 2022Mar 1, 2022
$0.3600
$0.3600
Quarterly+5.88%
Oct 28, 2021
Nov 8, 2021Dec 1, 2021
$0.3400
$0.3400
Quarterly0.00%
Jul 29, 2021
Aug 9, 2021Sep 1, 2021
$0.3400
$0.3400
Quarterly0.00%
Apr 28, 2021
May 10, 2021Jun 1, 2021
$0.3400
$0.3400
Quarterly0.00%
Jan 28, 2021
Feb 8, 2021Mar 1, 2021
$0.3400
$0.3400
Quarterly+6.25%
Oct 28, 2020
Nov 9, 2020Dec 1, 2020
$0.3200
$0.3200
Quarterly0.00%
Jul 29, 2020
Aug 10, 2020Sep 1, 2020
$0.3200
$0.3200
Quarterly0.00%
Apr 29, 2020
May 11, 2020Jun 1, 2020
$0.3200
$0.3200
Quarterly0.00%
Jan 29, 2020
Feb 10, 2020Mar 2, 2020
$0.3200
$0.3200
Quarterly+6.67%
Oct 30, 2019
Nov 11, 2019Dec 2, 2019
$0.3000
$0.3000
Quarterly0.00%
Jul 24, 2019
Aug 5, 2019Sep 3, 2019
$0.3000
$0.3000
Quarterly0.00%
Apr 24, 2019
May 6, 2019Jun 3, 2019
$0.3000
$0.3000
Quarterly0.00%
Jan 30, 2019
Feb 11, 2019Mar 1, 2019
$0.3000
$0.3000
Quarterly+7.14%
Oct 24, 2018
Nov 5, 2018Dec 3, 2018
$0.2800
$0.2800
Quarterly0.00%
Jul 25, 2018
Aug 6, 2018Sep 4, 2018
$0.2800
$0.2800
Quarterly0.00%
Apr 25, 2018
May 7, 2018Jun 1, 2018
$0.2800
$0.2800
Quarterly0.00%
Jan 31, 2018
Feb 12, 2018Mar 1, 2018
$0.2800
$0.2800
Quarterly+64.71%
Nov 16, 2017
Nov 29, 2017Dec 11, 2017
$0.1700
$0.1700
Quarterly-22.02%
Oct 25, 2017
Nov 6, 2017Dec 1, 2017
$0.2180
$0.2180
Quarterly0.00%
Jul 26, 2017
Aug 7, 2017Sep 1, 2017
$0.2180
$0.2180
Quarterly0.00%
N/A
May 8, 2017Jun 1, 2017
$0.2180
$0.2180
Quarterly0.00%
Jan 25, 2017
Feb 6, 2017Mar 1, 2017
$0.2180
$0.2180
Quarterly+7.92%
Oct 26, 2016
Nov 7, 2016Dec 1, 2016
$0.2020
$0.2020
Quarterly0.00%
Jul 27, 2016
Aug 8, 2016Sep 1, 2016
$0.2020
$0.2020
Quarterly0.00%
Apr 27, 2016
May 9, 2016Jun 1, 2016
$0.2020
$0.2020
Quarterly0.00%
Jan 27, 2016
Feb 8, 2016Mar 1, 2016
$0.2020
$0.2020
Quarterly+3.59%
Oct 29, 2015
Nov 9, 2015Dec 1, 2015
$0.1950
$0.1950
Quarterly0.00%
Jul 29, 2015
Aug 10, 2015Sep 1, 2015
$0.1950
$0.1950
Quarterly0.00%
Apr 29, 2015
May 11, 2015Jun 1, 2015
$0.1950
$0.1950
Quarterly0.00%
Jan 28, 2015
Feb 9, 2015Mar 2, 2015
$0.1950
$0.1950
Quarterly+3.72%
Oct 29, 2014
Nov 10, 2014Dec 1, 2014
$0.1880
$0.1880
Quarterly0.00%
Jul 30, 2014
Aug 11, 2014Sep 2, 2014
$0.1880
$0.1880
Quarterly0.00%
Apr 30, 2014
May 12, 2014Jun 2, 2014
$0.1880
$0.1880
Quarterly-
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H2O America Payout Ratio Analysis

HTO ยท NASDAQ
Dividends Paid
-58.65M
2025
Net Income
102.58M
2025
Payout Ratio
57.17%
2025

Dividend Sustainability Analysis

Payout Ratio
57.17%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
-21.1%

Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.

Dividend Growth
-12.5%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Fair

Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.