Cash dividend payable in the second quarter of 2024
CAMDEN, NJ--(BUSINESS WIRE)-- American Water Works Company, Inc. (NYSE: $AWK (-1,44%) ) today announced that its Board of Directors has declared a quarterly cash dividend payment of $0.7650 per share of common stock, an increase of 8.1 percent.
The company expects to continue its dividend growth in the range of 7 to 9 percent over the long term and to target a dividend payout ratio between 55 and 60 percent of earnings.
Unfortunately, I only recently started a savings plan, so the position is still small
