American Water Works Co. Named Leading Eco-Conscious Dividend Stock
AWK Recognized for Strong Dividend Yield and Commitment to Social Responsibility
American Water Works Co, Inc. (Symbol: AWK) has received recognition as a Top Socially Responsible Dividend Stock by Dividend Channel. This accolade highlights the company’s impressive “DividendRank” statistics, underscored by a solid 2.3% yield. Asset managers regard AWK as a socially responsible investment based on thorough evaluation of its social and environmental practices. Notable environmental considerations include the impact of the company’s products and how efficiently it utilizes energy and resources. Meanwhile, social criteria reflect elements like human rights, corporate diversity, and ethical business practices, which encompass avoidance of sectors like weapons, gambling, tobacco, and alcohol.
In addition, American Water Works is part of the iShares USA ESG Select ETF (SUSA), representing 12.50% of the fund’s assets, which amount to $613,021,903 worth of AWK shares, according to the ETF Finder at ETF Channel.
The company delivers an annualized dividend of $3.06 per share, distributed quarterly, with the most recent ex-date occurring on November 12, 2024. A long-term dividend history chart for AWK is provided below. Dividend Rank emphasizes the importance of examining past dividend trends, which can offer insights into the potential for future payments.
Operating within the Water Utilities sector, American Water Works is in the company of counterparts such as Companhia de Saneamento Basico do Estado de Sao Paulo-SABESP (SBS) and Essential Utilities Inc (WTRG).
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.