Dividend Philosophy
- California Water Service Group's goal is to provide stockholders with consistent dividend growth while maintaining the Company's financial strength.
- 2023 dividend rate of $1.04 per share.
- Dividends have been paid for the last 78 years and 56th dividend increase.
- The Company's goal is to achieve a dividend payout ratio in the 60% range.
Dividend Reinvestment and Stock Purchase Plan
California Water Service Group offers a Dividend Reinvestment and Stock Purchase Plan, which allows new and existing stockholders to purchase common stock directly from the Company through our transfer agent, Computershare. It also allows stockholders to reinvest dividends to purchase additional stock. For information on the Plan, contact Computershare at (877) 373-6374 (US, Canada, Puerto Rico) or (781) 575-3100 (non-US).
Anticipated Dividend Dates for 2023
| Quarter | Board Declaration | Record Date | Payment Date |
|---|---|---|---|
| First | Jan 25, 2023 | Feb 6, 2023 | Feb 17, 2023 |
| Second | Apr 26, 2023 | May 8, 2023 | May 19, 2023 |
| Third | Jul 26, 2023 | Aug 7, 2023 | Aug 18, 2023 |
| Fourth | Oct 25, 2023 | Nov 6, 2023 | Nov 17, 2023 |