American Water Works Co Inc (AWK) is a leading water utility company in the US, providing water and wastewater services to over 15 million people.
Their stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol AWK.
AWK has a market capitalization of over $20 billion, making it one of the largest water utility companies in the US.
The company has a strong track record of providing reliable and safe water services to its customers.
Related reading: S B I Card Share Price
Financials
The financials of AWK stock are quite interesting.
The company has a dividend yield of 2.39%, which is a relatively low payout to investors.
In the past three years, the dividend growth rate has been a respectable 8.9%.
The forward dividend yield is projected to be 2.42%, which is slightly higher than the current rate.
The 5-year yield-on-cost is a more impressive 3.75%, indicating a strong return on investment for long-term shareholders.
AWK's share buyback strategy is a bit puzzling, with a 3-year average share buyback ratio of -2.4%. This means the company has actually been issuing more shares than buying them back.
The shareholder yield is a negative -1.7%, which is a red flag for investors.
Risk and Volatility
AWK's price volatility is a key consideration for investors. AWK's average weekly movement is 3.5%, which is lower than the market average of 6.5%.
AWK's price movement is relatively stable compared to the US market. The 10% least volatile stocks in the US market have an average movement of 3.3%, which is similar to AWK's.
In the past year, AWK's weekly volatility has been stable at 4%. This consistency is a positive sign for investors.
Recommended read: Arihant Capital Market Share Price
American Water Works Dividend Calendar
American Water Works Dividend Calendar is a crucial tool for investors to track the company's dividend payments over the years. The dividend payments have been steadily increasing since 2008.
The highest dividend payment was in 2010, with a value of $0.87 per share. This was also the year with the highest yield-on-cost percentage, at 3.44%.
Here's a breakdown of the dividend payments for the past decade:
The dividend payment has been increasing every year since 2008, with a significant jump in 2010.
Frequently Asked Questions
Who owns AWK stock?
AWK stock is primarily owned by institutional investors, including Vanguard Group Inc, BlackRock, Inc., and State Street Corp, among others. These large shareholders hold significant stakes in the company, influencing its direction and performance.
Featured Images: pexels.com
