Credit: Shutterstock photoAmerican Water Works ( AWK ) will begin trading ex-dividend on August 04, 2016. A cash dividend payment of $0.375 per share is scheduled to be paid on September 01, 2016. Shareholders who purchased AWK prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10.29% increase over prior dividend payment. At the current stock price of $82.07, the dividend yield is 1.83%.
The previous trading day's last sale of AWK was $82.07, representing a -3.72% decrease from the 52 week high of $85.24 and a 63.62% increase over the 52 week low of $50.16.
AWK is a part of the Public Utilities sector, which includes companies such as Aqua America, Inc. ( WTR ) and Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp ( SBS ). AWK's current earnings per share, an indicator of a company's profitability, is $2.65. Zacks Investment Research reports AWK's forecasted earnings growth in 2016 as 7.09%, compared to an industry average of 7.7%.
For more information on the declaration, record and payment dates, visit the AWK Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to AWK through an Exchange Traded Fund [ETF]?
The following ETF(s) have AWK as a top-10 holding:
- PowerShares Global Water Portfolio ( PIO )
- PowerShares Water Resource Port ( PHO )
- PowerShares DWA Utilities Momentum Portfolio ( PUI ).
The top-performing ETF of this group is PHO with an increase of 13.61% over the last 100 days. PIO has the highest percent weighting of AWK at 8.67%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
