American States Water Company

AWR
UtilitiesDividend King
$83.58
2.23%Fair Value

American States Water Company (AWR) is a Utilities company that currently yields 2.23% — trading near fair value based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $73.16 and the overvaluation threshold at $111.91. American States Water Company holds a quality score of 17/100 (Risky), reflecting 72 consecutive years of dividend growth with a 58% payout ratio. The 5-year dividend CAGR stands at -6.1%.

AWR Dividend Yield History — Weiss Valuation

Underval. $73.16Overval. $111.91

Distance to undervalued

Waiting for a better entry

Needs about 12.5% downside to reach the Weiss buy zone

Undervaluation starts near $73.16, where the annual dividend would imply roughly 2.55% yield. That is 0.32% above today's yield.

Buy-zone price

$73.16

Target yield

2.55%

Research checklist

What to clear before buying the yield

Updated Jul 9, 2026

Dividend durability

72Y

Long dividend history supports a deeper look.

Earnings payout

58%

Earnings coverage leaves room for noise.

Cash payout

N/A

Confirm cash conversion and one-off effects.

Dividend growth

-6.1%

Lower growth changes the return trade-off.

What changed

What changed since the last update

2026-07-082026-07-09

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

American States Water Company is trading at a fair valuation relative to its dividend history.

Current yield 2.2% vs historical max 3.6% (63% of maximum).

Recent dividend history shows no sustained growth streak.

Conservative payout ratio of 58%.

What matters now

Read the signal before the headline yield

Valuation is neutral here: quality has to do more of the work than entry price.

The 17/100 quality score says the headline yield needs extra skepticism.

Start by checking whether payout coverage and business durability still support the dividend.

AWR Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$223

Year 10 Income

$272

Yield on Cost

2.78%

Total Income

$2,468

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

Track actual vs. projected

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Dividend income log · Yield on cost · DRIP cost basis · Tax reports

More research

Full price history & technical analysis

TradingView ↗

Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

Track dividends received & tax reports

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AWR Dividend Quality Score

Quality Score

17/ 100

Risky

Payout Ratio12/25
Dividend Streak0/25
Growth (CAGR 5Y)0/20
Yield vs History5/15
FCF Coverage0/15

Key Metrics

Current Price$83.58
Annual Dividend$1.86
Current Yield2.23%
Yield — Max (10Y)3.55%
Yield — Min (10Y)1.72%
Undervalued Below$73.16
Overvalued Above$111.91
Payout Ratio57.65%
CAGR Dividend 5Y-6.1%
CAGR Dividend 10Y0.6%
Years No Cut

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72
consecutive years of dividend growth