H2O America (HTO) To Go Ex-Dividend on May 11th

H2O America (NASDAQ:HTO) announced a quarterly dividend on Monday, April 27th. Shareholders of record on Monday, May 11th will be paid a dividend of 0.44 per share by the utilities provider on Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Monday, May 11th.

H2O America has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 57 consecutive years. H2O America has a payout ratio of 56.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect H2O America to earn $2.76 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 63.8%.

H2O America Price Performance

Shares of HTO opened at $57.97 on Friday. H2O America has a twelve month low of $43.75 and a twelve month high of $61.87. The stock’s 50 day moving average is $57.89 and its two-hundred day moving average is $52.72. The firm has a market capitalization of $2.43 billion, a PE ratio of 19.85, a P/E/G ratio of 6.39 and a beta of 0.35. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 1.02.

H2O America (NASDAQ:HTO) last announced its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02. H2O America had a return on equity of 6.76% and a net margin of 12.87%.The company had revenue of $183.29 million for the quarter. H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. Research analysts anticipate that H2O America will post 2.7 earnings per share for the current year.

About H2O America

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.