American States Water Q2 diluted EPS rises 25.3% to $1.09 on higher water rates
American States Water reported second quarter 2026 diluted earnings per share of $1.09, up from $0.87 a year earlier, with water utility rate increases effective January 1, 2026 as the main driver. Operating revenues rose to $181.3 million from $163.1 million, and the board approved an 8.2% increase in the quarterly dividend to $0.5455 per share. The company also completed its $200 million at-the-market equity program on June 12, 2026, which adds to share count and dilutes per-share earnings.
Key points
- Q2 2026 consolidated diluted EPS of $1.09 vs. $0.87 in Q2 2025, an increase of 25.3%
- Year-to-date diluted EPS of $1.86 vs. $1.57, an increase of 18.5%
- Quarterly dividend raised 8.2% to $0.5455 per share from $0.5040, payable September 2, 2026 to holders of record August 17, 2026
- At-the-market program completed June 12, 2026, with 2,575,947 shares sold for $200 million in gross proceeds
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.