H2O America (NASDAQ:HTO) Plans Quarterly Dividend of $0.44

H2O America (NASDAQ:HTO) announced a quarterly dividend on Monday, July 27th. Shareholders of record on Monday, August 10th will be paid a dividend of 0.44 per share by the utilities provider on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Monday, August 10th.

H2O America has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 57 years. H2O America has a dividend payout ratio of 56.1% meaning its dividend is sufficiently covered by earnings. Analysts expect H2O America to earn $2.75 per share next year, which means the company should continue to be able to cover its $1.76 annual dividend with an expected future payout ratio of 64.0%.

H2O America Stock Down 0.5%

H2O America stock opened at $63.50 on Tuesday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 2.02 and a current ratio of 2.02. The business’s 50-day simple moving average is $59.64 and its two-hundred day simple moving average is $57.24. The company has a market cap of $2.66 billion, a PE ratio of 21.75, a PEG ratio of 7.64 and a beta of 0.35. H2O America has a fifty-two week low of $43.75 and a fifty-two week high of $66.05.

H2O America (NASDAQ:HTO) last announced its quarterly earnings data on Monday, July 27th. The utilities provider reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. H2O America had a return on equity of 6.76% and a net margin of 12.87%.The business had revenue of $210.47 million for the quarter. H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. Equities analysts anticipate that H2O America will post 2.7 EPS for the current year.

H2O America Company Profile

SJW Group, through its subsidiaries, provides water utility and other related services in the United States. It operates in Water Utility Services and Real Estate Services segments. The company engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services; and supplies groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from the Santa Clara Valley Water District.