American Water Works Declares $0.8275 Quarterly Dividend
American Water Works Company, Inc. (NYSE: AWK), the largest regulated water and wastewater utility in the United States, declared a quarterly cash dividend of $0.8275 per share. The dividend is payable March 3, 2026, to shareholders of record as of February 10, 2026.
American Water Works Company, Inc. (NYSE: AWK), the largest regulated water and wastewater utility in the United States, declared a quarterly cash dividend of $0.8275 per share. The company's Board of Directors approved the dividend on December 5, 2025. Read more dividend announcements.
The dividend will be paid on March 3, 2026, to shareholders of record as of February 10, 2026.
| Dividend Details | Information |
|---|---|
| Amount | $0.8275 per share |
| Record Date | February 10, 2026 |
| Payment Date | March 3, 2026 |
| Frequency | Quarterly |
Rate Case and Revenue Developments
Since January 1, 2025, American Water has been authorized additional annualized revenues of approximately $264 million from general rate cases. Of that total, $250 million became effective in 2025 and $14 million will take effect in 2026.
The company also received authorization for approximately $85 million in additional annualized revenues from infrastructure surcharges, with $69 million effective in 2025 and $16 million effective in 2026.
American Water currently has general rate cases in progress in seven jurisdictions and has filed for three infrastructure surcharges, representing a total annualized revenue request of approximately $573 million.
Operating Performance
Operating expenses increased by $36 million for the three months ended December 31, 2025, and by $260 million for the twelve-month period, compared to the same periods in 2024. The increases were driven primarily by higher employee-related costs, increased production costs including purchased power and water, and general taxes associated with increased capital investment.
Depreciation expense rose by $26 million for the three months and $111 million for the twelve months ended December 31, 2025, reflecting the company's growing capital investment program.
Interest expense was higher by $12 million for the three months and $58 million for the twelve months ended December 31, 2025, as the company borrowed to fund capital investments.
American Water provides regulated water and wastewater services to approximately 14 million people across 14 states and 18 military installations. The company employs approximately 7,000 professionals and traces its history to 1886.