This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Investors love dividend stocks because they provide dependable passive income streams and an excellent opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the total return on an investment or portfolio consists of income and stock appreciation. At 24/7 Wall St., we have focused on dividend stocks for over 15 years because, despite the stock market’s ups and downs, many people need reliable passive income streams to supplement their income from employment or other sources such as Social Security and pensions.
Some of the best stocks for passive investors are the Dividend Kings: the 58 companies that have raised their dividends for 50 years or more, a testament to their dependability and reliability. Those are two “must-have” qualities for investors who rely on passive income to supplement their overall income. We decided to screen the Dividend Kings and found, surprisingly, that five of the stocks that have raised the dividend every year for the longest time are companies many investors likely have never heard of.
Why We Recommend the Dividend Kings
Companies that have paid and raised dividends for 50 years or more are the kinds of stocks that growth and income investors want to buy and hold in stock portfolios forever. These stocks are mostly conservative, and should we see a dramatic market correction, they will likely hold their ground much better than volatile technology names.
American States Water When you have products that everyone depends on and pay a reliable 2.27% dividend that you have raised for 70 years, your investors will likely do well. American States Water (NYSE: AWR) is a holding company with segments in water, electric, and contracted services.
Within the segments, the company has three principal business units: water and electric service utility operations conducted through its regulated utilities, Golden State Water Company (GSWC) and Bear Valley Electric Service (BVES), respectively, and contracted services conducted through American States Utility Services (ASUS) and its subsidiaries.
GSWC is a public water utility that purchases, produces, distributes, and sells water in 11 counties in the state of California, and provides wastewater collection and treatment services.
BVES is a public electric utility that distributes electricity in several San Bernardino County Mountain communities in California.
ASUS operates, maintains, and performs construction activities (including renewal and replacement capital work) on water and wastewater systems at various U.S. military bases.
California Water Service This company has raised its dividend for a stunning 77 years, yielding 2.44%. California Water Service Group (NYSE: CWT) is a holding company that provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas.
Its business is conducted through its operating subsidiaries and provides utility services. The business consists of the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as the provision of domestic and municipal fire protection services.
The company provides wastewater collection and treatment services, including treatment that allows water recycling. It also provides non-regulated water-related services under agreements with municipalities and other private companies.
The non-regulated services include full water system operation, meter reading, and billing services. Non-regulated operations also include the lease of communication antenna sites, lab services, and promotion of other non-regulated services.
Dover While somewhat off the radar, this company has increased the 0.95% dividend paid to shareholders for an incredible 70 consecutive years. Dover (NYSE: DOV | DOV Price Prediction) is a diversified global manufacturer and solutions provider operating in five primary segments.
The Engineered Products segment provides a range of equipment, components, software, solutions, and services to the vehicle aftermarket, aerospace, defense, and other industries.
SoFi Active Invest is offering a limited-time promotion. Open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts. See for yourself by clicking here now.
Its Clean Energy & Fueling segment provides components, equipment, and software solutions and services. It also designs, manufactures, and supplies vacuum-insulated piping systems for various liquefied gases, including nitrogen, oxygen, carbon dioxide, and other industrial gases.
The Imaging & Identification segment supplies precision marking and coding, product traceability, brand protection, and digital textile printing equipment.
The Pumps & Process Solutions segment manufactures specialty pumps and flow meters, fluid transfer connectors, engineered precision components, instruments, and digital controls.
Dover’s Climate & Sustainability Technologies segment is a provider of energy-efficient equipment, components, and parts.
Emerson Electric This technology and industrial giant has raised its dividend for 70 consecutive years, which stands at 1.56%, and may be the most familiar name on this list. Emerson Electric (NYSE: EMR) is a global technology and software company that provides solutions to customers across a wide range of end markets worldwide.
The company operates through seven segments under two business groups. The Intelligent Devices business includes:
Final Control Measurement & Analytical Discrete Automation Safety & Productivity The Software and Control business encompasses:
Control Systems & Software Test & Measurement AspenTech The Final Control segment is a global provider of:
Control valves Isolation valves Shutoff valves Pressure relief valves Pressure safety valves Actuators Regulators for process and hybrid industries Its Measurement & Analytical segment is a supplier of intelligent instrumentation that measures the physical properties of liquids and gases. The AspenTech segment provides asset optimization software that enables industrial manufacturers to design, operate, and maintain their operations.
Genuine Parts Investors seeking a solid retail investment should consider purchasing this company, as its products remain in high demand and it has raised its dividend for 70 consecutive years, with the yield currently standing at 3.30%. Genuine Parts (NYSE: GPC) is a global service provider of automotive and industrial replacement parts and value-added solutions.
The company’s Automotive segment distributes replacement parts (other than collision parts) for all makes and models of automobiles, trucks, and other vehicles in North America, Europe, and Australasia. Its main automotive customers are repair and maintenance shops.
The Industrial segment distributes a wide variety of industrial bearings, mechanical and fluid power transmission equipment, including:
Hydraulic and pneumatic products Material handling components Related parts and supplies This business offers replacement parts and solutions to customers in the maintenance, repair, and operation sector, as well as to original equipment manufacturers. Its main industrial customers are businesses operating in distribution, manufacturing, and production equipment.
Want Up To $1,000? SoFi Is Giving New Active Invest Users Free StockLooking to grow your money but unsure where to begin? SoFi Active Invest is offering a limited-time promotion—open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts.
From $0 commission trading to fractional shares and automated investing, this app is designed to simplify investing for everyone, whether you’re just starting or already experienced. Its easy to sign up and secure your bonus.
SAN DIMAS, Calif.--(BUSINESS WIRE)--American States Water Company (NYSE:AWR) announced today that the company intends to release its second quarter ended June 30, 2026 financial results after the market closes on Wednesday, August 5, 2026. Robert Sprowls, president and chief executive officer, and Eva Tang, senior vice president-finance and chief financial officer, will host a conference call to discuss these results at 2:00 p.m. Eastern Time (11:00 a.m. Pacific Time) on Thursday, August 6. The.
SAN DIMAS, Calif.--(BUSINESS WIRE)--American States Water Company (NYSE:AWR) announced that on July 13, 2026, its regulated water utility subsidiary, Golden State Water Company (GSWC) and the Public Advocates Office (Cal Advocates) at the California Public Utilities Commission (CPUC) filed a joint motion to adopt a settlement agreement between GSWC and Cal Advocates that would approve the asset acquisition of a new water system that serves almost 900 customer connections. In January 2026, GSWC h.
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.
While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.
Headquartered in San Dimas, American States Water (AWR - Free Report) is a Utilities stock that has seen a price change of 15.7% so far this year. Currently paying a dividend of $0.50 per share, the company has a dividend yield of 2.4%. In comparison, the Utility - Water Supply industry's yield is 2.56%, while the S&P 500's yield is 1.36%.
Looking at dividend growth, the company's current annualized dividend of $2.02 is up 4.2% from last year. Over the last 5 years, American States Water has increased its dividend 5 times on a year-over-year basis for an average annual increase of 8.23%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. American States Water's current payout ratio is 59%, meaning it paid out 59% of its trailing 12-month EPS as dividend.
Looking at this fiscal year, AWR expects solid earnings growth. The Zacks Consensus Estimate for 2026 is $3.71 per share, with earnings expected to increase 10.09% from the year ago period.
Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. It's important to keep in mind that not all companies provide a quarterly payout.
For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, AWR is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
SAN DIMAS, Calif.--(BUSINESS WIRE)--American States Water Company (NYSE:AWR) announced today that it has been named on the list of TIME's America's Best Companies 2026 and is one of only two investor-owned water utilities on the list. Companies are ranked by the following criteria: Financial Performance, Employee Satisfaction, and Sustainability Transparency. “It is an honor to once again be named as one of the best companies,” stated Robert J. Sprowls, president and chief executive officer of.
Investors interested in Utility - Water Supply stocks are likely familiar with Sabesp (SBS) and American States Water (AWR). But which of these two stocks offers value investors a better bang for their buck right now?
American States Water exemplifies reliability, boasting a 71-year dividend growth streak and consistent operational excellence. AWR delivered solid Q1 2026 results, with 14.3% revenue growth and 8.6% EPS growth, driven by rate increases and infrastructure investments. Shares are fairly valued. AWR is a wonderful company at a fair price.
The utility sector sell-off narrative pivots on a “cost of capital lag,” with critics warning that rising expenses will outpace rate adjustments and squeeze payouts. American States Water (NYSE:AWR), a CPUC-regulated California water monopoly that also runs 50-year contract service agreements on military bases, has quietly defied that thesis. Shares are up 15.46% YTD versus 9.66% for the XLU. The headline question for income investors: is the dividend actually bulletproof?
Dividend Snapshot Metric Value Annual Dividend $2.016 per share Dividend Yield 2.57% Consecutive Years of Increases 71 years Most Recent Increase 8.3% (July 2025) Dividend King Status Yes Payout Ratios Leave Real Room to Breathe Against FY 2025 diluted EPS of $3.37, the $2.016 annualized payout consumes roughly 59.8% of profits. That sits comfortably inside the healthy zone for a regulated utility.
Metric TTM Value Assessment Earnings Payout Ratio 59.8% Healthy Operating Cash Flow (Q1 26) $71.6M Strong, up from $45.1M FCF Payout Ratio Not disclosed Capex heavy Free cash flow is typically negative here given $185M to $225M of 2026 capex, which is normal for rate-base utilities. The dividend is funded from operating cash flow and rate-recovered capital.
A Balance Sheet Built for Rate Cycles Metric Value Assessment Debt-to-Equity 0.87 Moderate EBITDA (TTM) $263M Stable Rate Base $1.67B (11.3% 5-yr CAGR) Compounding Critically, AWR completed a $200 million ATM equity offering by June 2026 with no further issuance planned through 2029, removing the dilution overhang that had pressured the stock.
71 Years of Increases, Still Accelerating Year Annual Dividend 2026 $2.016 2025 $1.862 2024 $1.720 2023 $1.590 2022 $1.460 The 5-year dividend CAGR of 8.5% blows past the stated 7%+ long-term target.
Management’s Tone Is Confident On the Q1 2026 call, CEO Robert Sprowls said AWR “remains a leader with our strong earned return on equity and dividend histories, and we continue to deliver value and returns to our shareholders.” Nine directors backed that up by buying shares at $75.92 on May 19, 2026 in a coordinated purchase event.
Verdict: This Dividend Is Rock Solid Dividend Safety Rating: Very Safe. A sub-60% earnings payout, a compounding rate base, a 71-year streak, and a closed dilution chapter form a fortress for income. For investors who value predictability over yield, AWR screens well as a retirement-income holding. The main risks to monitor are a hostile CPUC posture on the 2028 to 2030 rate cycle or a spike in wildfire liabilities at Bear Valley Electric. For now, this is the sanctuary the headline promised.
Key Takeaways AWR and CWT benefit from steady water demand, rate mechanisms and major infrastructure spending. CWT leads on 2026 EPS growth, long-term growth, dividend yield and recent stock price performance. AWR has lower debt-to-capital and stronger ROE, while CWT plans larger capital investments. The companies under the Zacks Utility - Water Supply industry deliver reliable water and wastewater services to millions of U.S. consumers. They operate and maintain extensive water distribution and wastewater treatment systems, ensuring the safe delivery of clean water while addressing the challenges posed by an aging infrastructure.
The highly fragmented industry comprises more than 50,000 community water systems and nearly 14,000 wastewater treatment facilities that provide essential services to customers across the United States. The industry manages nearly 2.2 million miles of aging pipelines and continues to invest heavily in infrastructure upgrades and maintenance to ensure reliable water and wastewater services. The regulated business model allows them to recover these investments through approved rate increases while generating stable cash flows that support consistent dividend payments. Given the essential nature of water and wastewater services, demand remains resilient regardless of economic conditions.
Amid the rising importance of water and wastewater service provider companies, let us discuss American States Water Company (AWR - Free Report) and California Water Service Group (CWT - Free Report) . Both companies are supported by steady demand, constructive rate mechanisms and significant capital investments to modernize and replace aging infrastructure.
American States Water Company benefits from its regulated utility business, an expanding customer base, constructive rate outcomes and a diversified business model. These factors support stable revenues and earnings growth while generating predictable cash flows to fund infrastructure investments and consistent dividend payments. Its systematic investment plans for infrastructure development and replacement improve operational efficiency, enhancing service reliability and supporting long-term growth.
California Water Service, supported by both regulated and non-regulated structures, is experiencing rising water demand and a steadily expanding customer base, supported by strategic acquisitions and organic growth. Its strategic investment strategy supports infrastructure development, improves operational efficiency, enhances service reliability and boosts long-term financial performance.
American States Water and California Water Service are established water utilities. Comparing their core fundamentals provides insight into which company is better positioned for long-term value creation.
AWR & CWT’s Earnings Growth ProjectionsThe Zacks Consensus Estimate for CWT’s EPS is pegged at $2.56 in 2026 and $2.74 in 2027, suggesting year-over-year growth of 19.07% and 7.03%, respectively. CWT’s long-term (three to five years) earnings growth is currently pinned at 10.62%.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for AWR’s earnings per share (EPS) is pegged at $3.71 in 2026 and $3.82 in 2027, suggesting year-over-year growth of 10.09% and 2.83%, respectively. AWR’s long-term earnings growth is currently pinned at 6.93%.
Image Source: Zacks Investment Research
Debt to CapitalUtilities operations are capital-intensive, requiring continuous investments to modernize, maintain and replace aging infrastructure. Water utilities typically fund long-term capital projects through a combination of internally generated cash flows and debt raised in the capital markets, supporting sustainable growth.
American States Water's debt-to-capital currently stands at 46.45% compared with California Water Service’s 50.29%. Both companies are using debt to fund their business. Both AWR and CWT’s debt levels are lower than the industry’s 54.63%, with CWT slightly higher than AWR, indicating greater dependence on borrowed funds.
Return on EquityReturn on equity (ROE) plays a vital role in evaluating how efficiently a company utilizes shareholders’ capital to generate profit. A consistently high ROE indicates efficient capital allocation, strong operational performance, effective management and an enhanced ability to create long-term shareholder value.
American States Water's current ROE is 13.06%, outperforming California Water Service, which reports a lower ROE of 7.06%. AWR uses shareholder funds more effectively and generates higher profits, though the company’s returns remain slightly below the industry average of 15.44%.
AWR & CWT’s Dividend YieldUtility companies are known for paying regular dividends, supported by their stable earnings, predictable cash flows and regulated business models. Consistent dividend payments reflect financial strength and underscore management's commitment to delivering attractive long-term returns to shareholders.
Currently, the dividend yield for California Water Service is 2.82%, while that for American States Water is 2.50%. The dividend yields of both companies are higher than the S&P 500’s yield of 1.42%.
Image Source: Zacks Investment Research
Capital Investment PlansU.S. water utilities require substantial investments to modernize, maintain and replace aging water and wastewater infrastructure to ensure safe and reliable service. According to the Environmental Protection Agency, the sector will require nearly $1.25 trillion in investments over the next 20 years to maintain and expand water services.
California Water Service plans to invest $627 million and $667 million in 2026 and 2027, respectively, to strengthen infrastructure, enhance operational efficiency, drive rate base growth and ensure reliable water service. American States Water's planned 2026 capital investment of $185-$225 million will fund infrastructure upgrades, enhance service reliability and drive long-term financial performance.
Price PerformanceCalifornia Water Service has gained 7.9% over the past month compared with American States Water 5% rally.
Image Source: Zacks Investment Research
Summing UpAmerican States Water and California Water Service both benefit from expanding customer bases and new rates, with significant infrastructure investments supporting reliable service and long-term growth across the United States.
Supported by stronger earnings per share growth, a higher dividend yield, a broader capital investment plan and better stock price performance, CWT is a more attractive choice in the utility sector.
Based on the above discussion, California Water Service currently has an edge over American States Water, though both carry a Zacks Rank #3 (Hold) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.
While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.
Based in San Dimas, American States Water (AWR - Free Report) is in the Utilities sector, and so far this year, shares have seen a price change of 9.04%. The water and electric utility is currently shelling out a dividend of $0.50 per share, with a dividend yield of 2.55%. This compares to the Utility - Water Supply industry's yield of 2.81% and the S&P 500's yield of 1.44%.
Looking at dividend growth, the company's current annualized dividend of $2.02 is up 4.2% from last year. Over the last 5 years, American States Water has increased its dividend 5 times on a year-over-year basis for an average annual increase of 8.23%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. American States Water's current payout ratio is 59%, meaning it paid out 59% of its trailing 12-month EPS as dividend.
Looking at this fiscal year, AWR expects solid earnings growth. The Zacks Consensus Estimate for 2026 is $3.71 per share, with earnings expected to increase 10.09% from the year ago period.
From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. But, not every company offers a quarterly payout.
For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, AWR is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
SAN DIMAS, Calif.--(BUSINESS WIRE)--American States Water Company (NYSE:AWR) today announced the successful completion of its previously established at-the-market (ATM) equity offering program. No further shares will be sold under this program. The ATM equity offering program, which was originally established on February 27, 2024, allowed AWR to sell shares of its common stock, from time to time at its sole discretion, having an aggregate gross sales price of up to $200 million. Through June 12, 2026, AWR has fully utilized the maximum aggregate offering capacity under the program, raising $200 million in gross proceeds. AWR has utilized the net proceeds from the sale of its shares, after deducting sales agent commissions and offering expenses, for general corporate purposes, including, without limitation, to pay down borrowings under its credit facility and make equity contributions to its regulated subsidiaries in support of their operations and capital expenditures.
AWR has no plans to issue additional equity through the end of 2029 to support its current operations and likely beyond 2029 based on current estimates.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including AWR’s plans regarding issuing additional equity. Forward-looking statements can often be identified by words such as “anticipate,” “estimate,” “expect,” “intend,” “may,” “should” and similar phrases and expressions, and variations or negatives of these words. They are not guarantees or assurances of any outcomes, financial results, levels of activity, performance or achievements, and readers are cautioned not to place undue reliance upon them. The forward-looking statements are subject to a number of estimates and assumptions, and known and unknown risks, uncertainties and other factors, including those described in greater detail in the company’s filings with the SEC, particularly those described in the company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are encouraged to review the company’s filings with the SEC for a more complete discussion of risks and other factors that could affect any forward-looking statements. The statements made herein speak only as of the date of this press release and except as required by law, the company does not undertake any obligation to publicly update or revise any forward-looking statement.
About American States Water Company
American States Water Company is the parent of Golden State Water Company, Bear Valley Electric Service, Inc. and American States Utility Services, Inc., serving over one million people in ten states. Through its water utility subsidiary, Golden State Water Company, the company provides water service to approximately 265,100 customer connections located within more than 80 communities in Northern, Coastal and Southern California. Through its electric utility subsidiary, Bear Valley Electric Service, Inc., the company distributes electricity to approximately 24,900 customer connections in the City of Big Bear Lake and surrounding areas in San Bernardino County, California. Through its contracted services subsidiary, American States Utility Services, Inc., the company provides operations, maintenance and construction management services for water distribution, wastewater collection, and treatment facilities located on twelve military bases throughout the country under 50-year privatization contracts with the U.S. government in 8 states and one military base under a 15-year contract in 1 additional state.
AWR has paid common dividends to shareholders every year since 1931, increasing the dividends received by shareholders each calendar year for 71 consecutive years, which places it in an exclusive group of companies on the New York Stock Exchange that have achieved that result. The company has grown its quarterly dividend rate at a compound annual growth rate (CAGR) of 8.5% over the last five years since the second quarter of 2021, and has achieved a 10-year CAGR of 8.3% in its calendar year dividend payments through 2025. AWR’s current policy is to achieve a CAGR in the dividend of more than 7% over the long term.
For those looking to find strong Utilities stocks, it is prudent to search for companies in the group that are outperforming their peers. Is American States Water (AWR - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Utilities peers, we might be able to answer that question.
American States Water is a member of the Utilities sector. This group includes 110 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. American States Water is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for AWR's full-year earnings has moved 3.3% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that AWR has returned about 6.4% since the start of the calendar year. In comparison, Utilities companies have returned an average of 5.3%. This means that American States Water is outperforming the sector as a whole this year.
Another Utilities stock, which has outperformed the sector so far this year, is Sabesp (SBS - Free Report) . The stock has returned 10.1% year-to-date.
In Sabesp's case, the consensus EPS estimate for the current year increased 234.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, American States Water belongs to the Utility - Water Supply industry, a group that includes 11 individual stocks and currently sits at #175 in the Zacks Industry Rank. This group has gained an average of 0.5% so far this year, so AWR is performing better in this area. Sabesp is also part of the same industry.
American States Water and Sabesp could continue their solid performance, so investors interested in Utilities stocks should continue to pay close attention to these stocks.
Calgary, Alberta (June 23, 2026) – TheNewswire – Aurwest Resources Corporation (“Aurwest” or the “Company”) (CSE: AWR) is pleased to announce that is has closed its previously announced option agreement (the “Option Agreement”) with Critical Path Minerals Corp. (the “Optionee”) pursuant to which the optionee has granted Aurwest the exclusive right and option to acquire a 100% interest in the Porter Lake property (the “Property”) located in Saskatchewan’s Athabasca Basin.
Under the terms of the Option Agreement, Aurwest has the sole and exclusive right and option to acquire up to a 100% interest in the Porter Lake property in consideration for incurring a minimum of $1,515,000 in exploration expenditures and making the securities issuances set out below (in each case subject to and in accordance with the rules and policies of the Canadian Securities Exchange (the “CSE”)):
On or before the 1-year anniversary date of the Option Agreement, Aurwest must incur at least $455,000 in exploration expenditures on the Property (the First Expenditure”);
Upon receipt of regulatory approval, payment to the Optionee of 8,000,000 Units (defined below) of Aurwest, subject to a voluntary escrow with ¼ of these securities released every six months (the “First Unit Based Payment”);
On or before the 2-year anniversary date of the Option Agreement, Aurwest must incur at least $1,060,000 in exploration expenditures on the Property (the Second Expenditure”);
On or before 1-year anniversary date of the Option Agreement, payment to the Optionee of $150,000 in Units (defined below) of Aurwest, calculated on the anniversary date using a 20-day VWAP (defined below) of the common shares of Aurwest at that time (the Second Unit Based Payment”).
Each unit (the “Units”) issued by Aurwest to the Optionee is comprised of one common share and one-half common share purchase warrant and each warrant is exercisable at a price that is a 25% premium to the 20 day VWAP (defined below) calculated at the date of issuance, subject to a minimum exercise price of $0.05 as per CSE Policies, and at any time within 2 years from the date of issuance, and the Units shall be priced using a 20 day Volume Weighted Average (“VWAP”) at the anniversary date of the common shares of Aurwest as listed on the CSE. Following exercise of the Option. The Optionee will also retain a 2.0% net smelter return royalty on the Porter Lake property, half of which may be repurchased at any time prior to commercial production for a one-time cash payment of $1,000,000 by Aurwest.
Qualified Person
The scientific and technical information contained herein has been reviewed and approved by Mr. Bill Dynes, P.Geo., a technical advisor to the Company, who is a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure of Mineral Projects.
Aurwest is a Canadian-based junior resource company focused on the acquisition, exploration, and development of uranium and gold properties in Canada.
Disclaimer for Forward-Looking Information
This news release contains certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operations and activities of the Company, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be achieved.
Forward-looking statements in this news release relate to, among other things, completion of the Option Agreement and the transactions contemplated therein, including the Company’s Property, exploration thereon, and the results of such exploration. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions, and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the receipt of any required regulatory or CSE approvals to complete the Option Agreement and transactions contemplated therein, the ability to complete exploration work, the results of exploration, continued availability of capital, and changes in general economic, market and business conditions, and the receipt of any required governmental approvals for continued exploration. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Readers are urged to refer to the Company's reports for a more complete discussion of such risk factors and their potential effects, publicly available at SEDAR+, the Canadian Securities Administrators' national system that all market participants use for filings and disclosure, at www.sedarplus.ca. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.
Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Investors interested in Utility - Water Supply stocks are likely familiar with Sabesp (SBS - Free Report) and American States Water (AWR - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.
Sabesp and American States Water are both sporting a Zacks Rank of #2 (Buy) right now. This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that these stocks have improving earnings outlooks. But this is only part of the picture for value investors.
Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.
Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.
SBS currently has a forward P/E ratio of 5.66, while AWR has a forward P/E of 20.98. We also note that SBS has a PEG ratio of 1.66. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. AWR currently has a PEG ratio of 3.03.
Another notable valuation metric for SBS is its P/B ratio of 2.33. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, AWR has a P/B of 2.87.
Based on these metrics and many more, SBS holds a Value grade of B, while AWR has a Value grade of D.
Both SBS and AWR are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that SBS is the superior value option right now.
Key Takeaways Iran war's end and easing oil prices lifted sentiment, but inflation concerns persist.AWR and PCG are highlighted as low-beta utility plays with expected earnings growth.NYT, ARKO and KO stand out for earnings estimate revisions and growth potential. Investor sentiment got a boost over the weekend on signs that the Iran war is finally ending. Stocks rallied and oil prices fell from earlier highs. The latest development comes just days after the University of Michigan’s latest survey of consumer sentiment showed an improvement in June.
Lower oil prices bode well for several sectors and are likely to be reflected in the next inflation report. The end of the Iran war is now expected to boost investors’ sentiment further. However, inflation remains sky-high, and the Federal Reserve is struggling to tame it.
Although the sentiment has improved, the crisis is far from over. Given this scenario, we recommend sticking to defensive picks from the utilities and consumer staples sector, such as American States Water Company (AWR - Free Report) , PG&E Corporation (PCG - Free Report) , The New York Times Company (NYT - Free Report) , Arko Corp. (ARKO - Free Report) , and The Coca-Cola Company (KO - Free Report) .
These stocks have seen positive earnings estimate revisions in the past 60 days, carry a Zacks Rank #1 (Strong Buy) or 2 (Buy) at present, and are set for solid returns. You can see the complete list of today’s Zacks #1 Rank stocks here.
Consumer Sentiment ReboundsThe University of Michigan’s latest survey showed that consumer sentiment rose 9% to a preliminary reading of 48.9 in June. This is the first time in three months, or since the U.S.-Iran war began, that consumer sentiment rose.
Although sentiment remains low, signs of a rebound came as oil prices eased. Energy prices, which play a key role in shaping how people view the economy, have surged since the beginning of the war, denting consumer sentiment.
A rise in oil prices impacts the prices of goods and services, resulting in higher inflation. Consumer Price Index (CPI) rose 0.5% in May from the previous month after increasing 0.6% in April, according to the Commerce Department's report released Thursday.
Oil prices have eased in recent weeks, lifting consumer sentiment, which could get a further boost after the United States announced over the weekend that it has reached a peace deal with Iran, marking the end of the war. The two warring nations have also said that the end of the war would mark the reopening of the Strait of Hormuz, which would allow ships to pass more smoothly.
However, consumer sentiment remains lower than it was during the COVID-19 pandemic and even during the periods of high inflation in 2023 and 2024. It is also below the levels seen last year, when President Donald Trump rolled out a series of new tariffs.
It would thus be ideal to adopt a wait-and-watch mode and invest in safe-haven stocks.
5 Low-Beta Defensive Stocks With Growth PotentialAmerican States Water CompanyAmerican States Water Company, along with its subsidiaries, provides fresh water, wastewater services and electricity to its customers in the United States. AWR principally works through its two major subsidiaries — Golden State Water Company and American States Utility Services.
American States Water Company has an expected earnings growth rate of 10.1% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 3.3% over the last 60 days. Currently, AWR has a Zacks Rank #2. American States Water Company has a beta of 0.60 and a current dividend yield of 2.59%.
PG&E CorporationPG&E Corporation is the parent holding company of California’s largest regulated electric and gas utility, Pacific Gas and Electric Company. PCG generates revenues mainly through the sale and delivery of electricity and natural gas to customers.
PG&E Corporation has an expected earnings growth rate of 10% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.6% over the last 90 days. PG&E Corporation has a Zacks Rank #2. PG&E Corporation has a beta of 0.27 and a current dividend yield of 1.18%.
The New York Times CompanyThe New York Times Company is a leading global media organization focused on delivering high-quality journalism and information. Founded in 1851 and incorporated in 1896, NYT has evolved from a traditional newspaper publisher into a diversified digital-first media company with a strong global subscriber base and a growing portfolio of lifestyle and entertainment products.
The New York Times Company has an expected earnings growth rate of 19.1% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 5% over the last 60 days. The New York Times Company has a Zacks Rank #2.NYT has a beta of 0.95 and a current dividend yield of 1.25%.
Arko Corp. Arko Corp.’s primary asset is a controlling stake in GPM Investments. ARKO, formerly known as Haymaker Acquisition Corp. II, is based in Richmond, VA.
Arko Corp’s expected earnings growth rate for the current year is 93.3%. The Zacks Consensus Estimate for current-year earnings has improved 11.5% over the past 60 days. Arko Corp. has a Zacks Rank #1. ARKO has a beta of 0.98 and a current dividend yield of 1.39%.
The Coca-Cola CompanyThe Coca-Cola Company’s strong brand equity, marketing, research and innovation help it to garner a market share of more than 40% in the non-alcoholic beverage industry. KO is putting its best foot forward to evolve its business model to become a total beverage company with something for everyone to drink.
The Coca-Cola Company has an expected earnings growth rate of 8.7% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.9% over the past 60 days. The Coca-Cola Company has a Zacks Rank #2. KO has a beta of 0.35 and a current dividend yield of 2.57%.
American States Water (AWR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Calgary, Alberta – TheNewswire - April 29, 2026 – Aurwest Resources Corporation (“Aurwest” or the “Company”) (CSE: AWR) today reports the Company's financial and operational results for the fourth quarter and year ended December 31, 2025. For further information please see the Company's Consolidated Financial Statements and Management's Discussion and Analysis (“MD&A”) filed on SEDAR+ at www.sedarplus.com under the Company's profile. “We are pleased to announce our year-end financial and operating results, where we ended the year by increasing our cash & investments, reducing in G&A costs, deleverage the balance sheet while monetizing our Stars asset. These initiatives provided the Company with increased financial flexibility to executed on our strategic goals in 2026. This year will be a critical de-risking year for our Weaver gold/silver project in British Columbia and we will embark on an exploration program with our joint-venture partner to advance the project. We want to thank our new and existing shareholders for their continued support and look forward to providing updates in the coming year” said Cameron MacDonald, Interim President & CEO.
SAN DIMAS, Calif.--(BUSINESS WIRE)--On May 4, 2026 the Board of Directors of American States Water Company (NYSE:AWR) approved a quarterly dividend of $0.5040 per share on the Common Shares of the company. This action marks the 360th consecutive dividend payment by the company. American States Water Company has paid dividends to shareholders every year since 1931, increasing the dividends received by shareholders each calendar year for 71 consecutive years, which places it in an exclusive group.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does American States Water (AWR) have what it takes?
SAN DIMAS, Calif.--(BUSINESS WIRE)--American States Water Company (NYSE:AWR) today reported basic and fully diluted earnings per share of $0.76 for the quarter ended March 31, 2026, as compared to basic and fully diluted earnings per share of $0.70 for the quarter ended March 31, 2025, an increase of $0.06 per share or 8.6%, primarily generated from higher earnings at the water and electric utility segments resulting from the implementation of new customer rate increases approved by the Califor.
American States Water NYSE: AWR reported higher first-quarter earnings as all three of its operating segments posted year-over-year gains, supported by rate increases at its regulated utilities and stronger construction activity in its contracted services business.
Water utilities like SBS, AWR, AWK and CWT are supported by strategic capital investment plans and strong customer bases, positioning them to outperform peers despite persistent challenges facing the water industry.
Investors interested in Utility - Water Supply stocks are likely familiar with Sabesp (SBS) and American States Water (AWR). But which of these two stocks presents investors with the better value opportunity right now?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does American States Water (AWR) have what it takes?
Calgary, Alberta – TheNewswire - June 1, 2026 – Aurwest Resources Corporation (“Aurwest” or the “Company”) (CSE: AWR) is pleased to announce that it has entered into a Definitive Option Agreement (the “ Option Agreement ”) dated May 29, 2026, with Critical Path Minerals Corp. (the “ Optionee ”), an arm's-length private company, granting Aurwest the option to acquire a 100% interest in the Porter Lake property (“ Property ” or “ Porter Lake ”) which is a 10,490 hectare land package with mineralization, situated within the world's principal uranium district — the Athabasca Basin area of Northern Saskatchewan, Canada. Under the terms of the Option Agreement, the Company will complete two years of exploration programs, provide cash and a series of equity payments to earn its interest in the Property (transaction terms set out below) and this transaction remains subject to approval by the Canadian Securities Exchange. No finder's fees were paid as part of the transaction. The Porter Lake property is strategically positioned in a known uranium jurisdiction, along trend with the Athabasca Basin's largest discoveries. The Porter Lake property recent work has confirmed known mineralization which is highly prospective for both basement and structurally-hosted type uranium deposits.
Investors interested in Utility - Water Supply stocks are likely familiar with Sabesp (SBS) and American States Water (AWR). But which of these two stocks is more attractive to value investors?
American States Water (AWR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does American States Water (AWR) have what it takes?
