CWT
California Water Service Group
Dividend Growth | |
Min. Div. Growth Past 7 Yrs. ≥ 15%: 2.2% | |
Rolling 4-Yrs Div. Growth Past 7 Yrs ≥ 15%: 6.3% | |
Years of Div. Growth ≥ 15: 57 | |
Income Generation | |
Current Yield 2.2% ≥ 20-Yrs Treasury Yield 4.7% | |
Total Dividends ≥ 20-Yrs Treasury Coupons in 5 Yrs | |
Sustainability | |
Debt-To-Equity 0.48 ≤ 0.45 | |
Last 12Months Cash Payout 0.00 ≤ 0.6 | |
Profitability | |
5-Yr Avg. Return-on-Equity 8.2% ≥ 15% | |
Last 12Months Return-on-Equity 10.1% ≥ 15% | |
Last 12Months Net Profit Margin 15.4% ≥ 10% | |
Fair Value | |
Average 5-Yrs High Yield 2.0% | |
Current Price $51.0 ≤ High Yield Price $54.8 | |
Average 5-Yrs Price-to-Earning (P/E) 36.7 | |
Current Price $51.0 ≤ Average P/E Price $91.8 | |
Current Price $51.0 ≤ Fair Value $36.1 |
Company Description
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. It offers its services to approximately 494,500 customer connections in 100 California communities; approximately 6,200 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,400 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,600 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. 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 to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, it offers wastewater collection and treatment services. The company was founded in 1926 and is headquartered in San Jose, California.
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