The California Public Utilities Commission approved California Water Service's 2024 General Rate Case, authorizing revenue increases of $90.5 million (10.9%) in 2026, $43.2 million (4.7%) in 2027, and $48.9 million (5.1%) in 2028. The decision enables $1.45 billion in infrastructure investments through 2027 for water quality, pipe upgrades, and security improvements, with new rate mechanisms to support financial stability and customer affordability.

California Water Service Group reported Q1 2026 net income of $4.0 million ($0.07 per diluted share), down from $13.3 million in Q1 2025, as results await final approval of the 2024 California General Rate Case. The company received a revised proposed decision authorizing rate increases of 10.9% in 2026, 4.7% in 2027, and 5.1% in 2028. Additionally, the company announced an agreement to acquire Nexus Water Group's Nevada and Oregon systems for approximately $218 million, and increased its annual dividend by 8% to $1.34 per share.

California Water Service Group (NYSE: CWT) announced its 325th consecutive quarterly dividend of $0.3350 per common share, payable on May 22, 2026. The declaration demonstrates the company's consistent commitment to returning value to shareholders and reflects its stable financial position as the largest regulated water utility in the western United States.

The California Public Utilities Commission issued a proposed decision authorizing California Water Service (largest subsidiary of California Water Service Group) additional revenues of $92.3 million in 2026 (11.1% rate increase), $50.8 million in 2027 (5.5% increase), and $52.4 million in 2028 (5.4% increase). The decision reauthorizes revenue adjustment mechanisms and establishes a sales reconciliation mechanism, though it did not approve the company's decoupling request. A final decision is expected by April 30, 2026.

California Water Service Group marked its 100-year anniversary by announcing over $1.88 million in charitable donations made in 2025 to local organizations, first responders, and students across its service areas in California, Hawaii, New Mexico, and Washington. The contributions included $186,000 to nine fire departments, $80,000 in scholarships to 13 students, and over $100,000 for Palisades and Eaton Fire relief efforts.

California Water Service Group announced its 59th consecutive annual dividend increase, raising the annual dividend by 8% to $1.34 per share from $1.20 in 2025. The company declared its 324th consecutive quarterly dividend of $0.3350 per share, payable February 20, 2026, as it celebrates its 100th anniversary.

California Water Service Group announced it will acquire the remaining membership interests of BVRT Utility Holding Company LLC to become the sole owner of seven water and wastewater utilities in the Austin-San Antonio corridor. The acquisition is subject to PUCT approval. Additionally, BVRT's Camino Real subsidiary received a water certificate and signed an agreement to extend sewer infrastructure to serve the Oatman Hill development, expected to include up to 5,000 dwelling units by 2036.

California Water Service Group promoted Todd K. Peters to Vice President of Engineering and Thomas A. Scanlon to Vice President of Corporate Controller and Chief Accounting Officer, effective January 1, 2026. Both executives bring decades of combined experience to their new roles at the water utility company serving over 2.1 million people across five states.

California Water Service has received CPUC approval to implement interim rate adjustments of 3% for most service areas effective January 1, 2026, while the utility's 2024 General Rate Case continues under review. The interim rates will help the company continue infrastructure investments and mitigate the impact of delayed rate case decisions on customers.

California Water Service Group announced its 323rd consecutive quarterly dividend of $0.30 per common share, payable on November 21, 2025, to stockholders of record as of November 10, 2025.

The article highlights three water-related stocks with long histories of dividend growth: California Water Service, Ecolab, and Roper Technologies. Each company demonstrates strong financial performance, consistent earnings growth, and resilient business models in essential industries.

California Water Service Group sold $170 million in Senior Unsecured Notes and $200 million in First Mortgage Bonds in private placement transactions, with proceeds to be used for refinancing existing debt and general corporate purposes.