American States Water Company reported second quarter 2026 diluted earnings per share of $1.09, a 25.3% increase from $0.87 in the prior year period. The growth was driven by CPUC-approved rate increases effective January 1, 2026, which boosted adopted operating revenues less water supply costs by $32.0 million for full-year 2026, and higher earnings at the contracted services segment due to increased construction activities. Concurrently, the company completed its at-the-market equity offering program with maximum gross proceeds of $200 million from the sale of 2,575,947 shares. The Board also approved an 8.2% increase in the quarterly dividend to $0.5455 per share, payable on September 2, 2026, to shareholders of record as of August 17, 2026. American States Water Company operates as a regulated water and electric utility holding company providing essential services across multiple states.