
American Water Works Company, Inc.
AWKUtilities · Stock · quarterly payer
Forward Yield
2.54%
Annual Dividend
$3.58
Payout Ratio
59%
5-Yr Growth
8.6%
Ex-Date
Aug 11, 2026
Frequency
Quarterly
Summary
As of September 2026, American Water Works Company, Inc. (AWK) yields 2.54% ($3.58 per share annually), with a blended fair-value estimate of $115.63 — -18% downside, so it screens as overvalued. Dividend safety grade: A (85/100). 17 years of dividend growth.
Is AWK a good dividend stock?
YesAmerican Water Works Company, Inc. (AWK) pays a quarterly dividend yielding 2.54% ($3.58/yr), with 17 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 17 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (59%)
- Strong 8.6% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.54%
- Payout Ratio
- 59%
- Annual Dividend
- $3.58
- 5-Yr Avg Growth
- 8.6%
- Ex-Dividend Date
- Aug 11, 2026
- Years of Growth
- 17
- Frequency
- quarterly
- Beta
- 0.58
- Market Cap
- $28.0B
- P/E Ratio
- 24.4
- 5-Yr Total Return
- -17%
- 52-Week Range
- $120.57 – $145.64
- Dividend Safety
- A · 85/100
- Ever Cut?
- No
Frequently Asked Questions
AWK Price — Last 12 Months
Daily close
Price Return
1 Year
+1%
3 Years
+14%
5 Years
-17%
52-Week Range
$120.57 – $145.64
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AWK worth?
Overvaluedmedium confidenceOur blended fair-value estimate for American Water Works Company, Inc. is $115.63 per share, versus a market price of $140.70. That implies 18% of downside.
Fair Value
$115.63
Current Price
$140.70
Downside
-18%
Margin of Safety
-22%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 7.2% discount rate (CAPM), 8.4% stage-1 growth, 2.5% terminal growth, $5.77 EPS, $3.58 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AWK Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 11, 2026 | — | $0.8950 | regular |
| May 12, 2026 | — | $0.8950 | regular |
| Feb 10, 2026 | — | $0.8280 | regular |
| Nov 13, 2025 | — | $0.8280 | regular |
| Aug 12, 2025 | — | $0.8280 | regular |
| May 13, 2025 | — | $0.8280 | regular |
| Feb 7, 2025 | — | $0.7650 | regular |
| Nov 12, 2024 | — | $0.7650 | regular |
| Aug 13, 2024 | — | $0.7650 | regular |
| May 13, 2024 | — | $0.7650 | regular |
| Feb 7, 2024 | — | $0.7080 | regular |
| Nov 13, 2023 | — | $0.7080 | regular |
| Aug 7, 2023 | — | $0.7080 | regular |
| May 8, 2023 | — | $0.7080 | regular |
Income Calculator
At $3.58 / yr per share





