Recent Updates — CWT
California Water Service Group reported second quarter 2026 net income of $56.5 million, or $0.93 per diluted share, compared to $42.2 million, or $0.71 per diluted share, in the prior year period. Revenue increased to $308.6 million from $265.0 million, driven by rate adjustments and regulatory mechanisms following the final decision on the 2024 California General Rate Case. The company declared a quarterly dividend of $0.3350 per share, payable August 21, 2026 to shareholders of record as of August 10, 2026. Additionally, the firm announced progress on its approximately $218 million acquisition of Nexus Water Group's systems in Nevada and Oregon. California Water Service Group operates as a regulated water utility serving customers across multiple western U.S. states.
California Water Service Group declared its 326th consecutive quarterly dividend of $0.3350 per common share on July 29, 2026. The dividend is payable on August 21, 2026 to stockholders of record as of the close of business on August 10, 2026. California Water Service Group operates in the water utility industry and provides regulated water and wastewater services across multiple western U.S. states.