California Water Service Group (CWT): A Top Choice for Safe Dividend Growth

Reported 1 day ago

California Water Service Group (CWT) has been highlighted as one of the best dividend kings for safe dividend growth, boasting a 5-year average annual dividend growth rate of 7.21% and a commitment to increasing shareholder returns. In Q4 2024, the company’s revenue surpassed $222 million, supported by higher rates and strategic investments. Despite market uncertainties, CWT's consistent dividend increases—now at $0.30 per share—position it well for income investors amid inflationary pressures.

Source: YAHOO

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