This Company Has Raised Its Dividend for 72 Straight Years. Almost Nobody Talks About It.
American States Water (AWR) raised its dividend by 8.2%, extending its streak to 72 years. The company, with 1 million customers, operates water and electric utilities in California and maintains facilities at military bases. It plans to invest $185M-$220M this year and recently acquired a water system for $5.3M. AWR has grown its dividend at an 8.7% annual rate over the past decade, with a current yield of 2.5%.




