California Water Service Group Dividends
The next dividend date for California Water Service Group has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for California Water Service Group (CWT)
More About California Water Service Group
California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection services. It offers its services to approximately 499,400 customer connections in 100 California communities; approximately 6,700 water and wastewater customer connections on the islands of Kauai, Maui, Oahu, and Hawaii; approximately 38,300 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, Rainier, Yelm, and Gig Harbor areas; and approximately 11,500 water and wastewater customer connections in Rio Communities, Rio Del Oro, Meadow Lake, Indian Hills, Squaw Valley, Elephant Butte, Morningstar, Sandia Knolls, Juan Tomas, Monterey, and Cypress Gardens systems. The company also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties; and billing of optional third-party insurance programs to its residential customers. In addition, it provides wastewater collection and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.
Owning California Water Service Group Stock on the Dividend Date
If you own California Water Service Group stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of California Water Service Group stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of California Water Service Group stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying California Water Service Group stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the California Water Service Group dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More California Water Service Group Dividends
You can contact us any time if you would like to ask questions about California Water Service Group dividends or anything else related to the stock market.