This Company Has Raised Its Dividend for 72 Straight Years. Almost Nobody Talks About It.
American States Water has quietly been increasing its dividend for over 70 years.
Overview
American States Water (NYSE: AWR) rather quietly raised its dividend by 8.2% last month. This pay bump extended its dividend growth streak to an impressive 72 straight years. That kept its name at the top of the Dividend Kings list as it remains one of fewer than 60 companies with 50 or more years of annual dividend increases. The sleepy water utility has now paid 361 consecutive quarterly dividends.
Here's why more investors should be talking about this boring utility stock.
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Originally published at www.fool.com.
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