American Water Works Company (AWK): A Reliable Income Stock

Reported 2 days ago

American Water Works Company (AWK) is a regulated utility that serves over 14 million customers across 14 states, focusing on reliable water and wastewater services. With 92% of its revenue from regulated operations, a strong financial profile, and a conservative dividend policy targeting a payout ratio of 50%-60%, AWK has consistently increased its dividends since going public in 2008. Currently, the company offers a quarterly dividend of $0.8275 per share, yielding 2.36%. While it presents solid investment potential, there are claims that some AI stocks may offer even greater returns.

Source: YAHOO

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