California Water Service Group

California Water Service Group

CWTยทNYSE

$45.24

+1.1%
UtilitiesRegulated Water

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. It offers its services to approximately 494,500 customer connections in 100 California communities; approximately 6,200 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,400 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,600 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. The company also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, it offers wastewater collection and treatment services. The company was founded in 1926 and is headquartered in San Jose, California.

At a Glance

Live Snapshot
Market Cap$2.71B
EPS2.1500
P/E Ratio21.04
Earnings Date07/30/2026
0.74%
Dividend Yield
7%
3Y+65.0%
5Y+81.0%
10Y+49.0%
494.92%
Dividend Payout Ratio
218%
3Y-865.0%
5Y-230.0%
10Y+588.0%
3Y+38.0%
5Y+73.0%
10Y+141.0%
California Water Service Group

California Water Service Group Dividend History

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

CWT Dividend Payment History

CWT ยท NYSE

Total Payments

50

Latest Dividend

$0.3350

Annual Amount

$1.5700

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 29, 2026
May 11, 2026May 22, 2026
$0.3350
$0.3350
Quarterly0.00%
Jan 28, 2026
Feb 9, 2026Feb 20, 2026
$0.3350
$0.3350
Quarterly+11.67%
Oct 29, 2025
Nov 10, 2025Nov 21, 2025
$0.3000
$0.3000
Quarterly0.00%
Jul 30, 2025
Aug 11, 2025Aug 22, 2025
$0.3000
$0.3000
Quarterly0.00%
Apr 30, 2025
May 12, 2025May 23, 2025
$0.3000
$0.3000
Quarterly-11.76%
Jan 29, 2025
Feb 10, 2025Feb 21, 2025
$0.3400
$0.3400
Quarterly+21.43%
Oct 30, 2024
Nov 12, 2024Nov 22, 2024
$0.2800
$0.2800
Quarterly0.00%
Jul 31, 2024
Aug 12, 2024Aug 23, 2024
$0.2800
$0.2800
Quarterly0.00%
Apr 24, 2024
May 6, 2024May 17, 2024
$0.2800
$0.2800
Quarterly0.00%
Jan 25, 2024
Feb 12, 2024Feb 23, 2024
$0.2800
$0.2800
Quarterly+7.69%
Oct 25, 2023
Nov 6, 2023Nov 17, 2023
$0.2600
$0.2600
Quarterly0.00%
Jul 26, 2023
Aug 7, 2023Aug 18, 2023
$0.2600
$0.2600
Quarterly0.00%
Apr 26, 2023
May 8, 2023May 19, 2023
$0.2600
$0.2600
Quarterly0.00%
Jan 25, 2023
Feb 6, 2023Feb 17, 2023
$0.2600
$0.2600
Quarterly+4.00%
Oct 26, 2022
Nov 7, 2022Nov 18, 2022
$0.2500
$0.2500
Quarterly0.00%
Jul 27, 2022
Aug 8, 2022Aug 19, 2022
$0.2500
$0.2500
Quarterly0.00%
Apr 27, 2022
May 9, 2022May 20, 2022
$0.2500
$0.2500
Quarterly0.00%
Jan 26, 2022
Feb 7, 2022Feb 18, 2022
$0.2500
$0.2500
Quarterly+8.70%
Oct 27, 2021
Nov 8, 2021Nov 19, 2021
$0.2300
$0.2300
Quarterly0.00%
Jul 28, 2021
Aug 9, 2021Aug 20, 2021
$0.2300
$0.2300
Quarterly0.00%
Apr 28, 2021
May 10, 2021May 21, 2021
$0.2300
$0.2300
Quarterly0.00%
Jan 27, 2021
Feb 8, 2021Feb 19, 2021
$0.2300
$0.2300
Quarterly+8.49%
Oct 28, 2020
Nov 9, 2020Nov 20, 2020
$0.2120
$0.2120
Quarterly0.00%
Jul 29, 2020
Aug 10, 2020Aug 21, 2020
$0.2120
$0.2120
Quarterly0.00%
Apr 29, 2020
May 11, 2020May 22, 2020
$0.2120
$0.2120
Quarterly0.00%
Jan 29, 2020
Feb 10, 2020Feb 21, 2020
$0.2120
$0.2120
Quarterly+7.07%
Oct 30, 2019
Nov 11, 2019Nov 22, 2019
$0.1980
$0.1980
Quarterly0.00%
Jul 31, 2019
Aug 12, 2019Aug 23, 2019
$0.1980
$0.1980
Quarterly0.00%
Apr 24, 2019
May 6, 2019May 17, 2019
$0.1980
$0.1980
Quarterly0.00%
Jan 30, 2019
Feb 11, 2019Feb 22, 2019
$0.1980
$0.1980
Quarterly+5.32%
Oct 31, 2018
Nov 12, 2018Nov 23, 2018
$0.1880
$0.1880
Quarterly0.00%
Jul 25, 2018
Aug 6, 2018Aug 17, 2018
$0.1880
$0.1880
Quarterly0.00%
Apr 25, 2018
May 7, 2018May 18, 2018
$0.1880
$0.1880
Quarterly0.00%
Jan 31, 2018
Feb 12, 2018Feb 23, 2018
$0.1880
$0.1880
Quarterly+4.44%
Oct 25, 2017
Nov 6, 2017Nov 17, 2017
$0.1800
$0.1800
Quarterly0.00%
Jul 26, 2017
Aug 7, 2017Aug 18, 2017
$0.1800
$0.1800
Quarterly0.00%
May 2, 2017
May 8, 2017May 19, 2017
$0.1800
$0.1800
Quarterly0.00%
Jan 25, 2017
Feb 6, 2017Feb 17, 2017
$0.1800
$0.1800
Quarterly+4.65%
Oct 26, 2016
Nov 7, 2016Nov 18, 2016
$0.1720
$0.1720
Quarterly0.00%
Jul 27, 2016
Aug 8, 2016Aug 19, 2016
$0.1720
$0.1720
Quarterly0.00%
Apr 27, 2016
May 9, 2016May 20, 2016
$0.1720
$0.1720
Quarterly0.00%
Jan 27, 2016
Feb 8, 2016Feb 19, 2016
$0.1720
$0.1720
Quarterly+2.38%
Oct 28, 2015
Nov 9, 2015Nov 20, 2015
$0.1680
$0.1680
Quarterly0.00%
Jul 29, 2015
Aug 10, 2015Aug 21, 2015
$0.1680
$0.1680
Quarterly0.00%
Apr 29, 2015
May 11, 2015May 22, 2015
$0.1680
$0.1680
Quarterly0.00%
Jan 28, 2015
Feb 9, 2015Feb 20, 2015
$0.1680
$0.1680
Quarterly+3.70%
Oct 29, 2014
Nov 10, 2014Nov 21, 2014
$0.1620
$0.1620
Quarterly0.00%
Jul 30, 2014
Aug 11, 2014Aug 22, 2014
$0.1620
$0.1620
Quarterly0.00%
Apr 30, 2014
May 12, 2014May 23, 2014
$0.1620
$0.1620
Quarterly0.00%
Jan 29, 2014
Feb 10, 2014Feb 21, 2014
$0.1620
$0.1620
Quarterly-
cwt

California Water Service Group Payout Ratio Analysis

CWT ยท NYSE
Dividends Paid
-73.85M
2025
Net Income
128.21M
2025
Payout Ratio
57.60%
2025

Dividend Sustainability Analysis

Payout Ratio
57.60%

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

FCF Payout Ratio
-34.4%

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

Dividend Growth
-12.8%

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.