California Water Service Group Stock News

Despite recession fears and negative sentiment surveys, historical data and fundamentals indicate strong potential for stock market gains. Sentiment surveys are unreliable due to social media algorithms. Hard economic data shows steady growth, suggesting consumer spending remains robust and recession fears are overblown. Dividend aristocrats, with their long-term dividend growth and coiled spri...

SAN JOSE, Calif., March 26, 2025 (GLOBE NEWSWIRE) -- For the third consecutive year, California Water Service Group (Group) (NYSE: CWT) has earned a spot on Newsweek magazine's list of “America's Most Trustworthy Companies.

The Dividend Kings are outperforming the S&P 500 in 2025 by 4.57%. Top performers include National Fuel & Gas (+30.21%), Consolidated Edison (+22.66%), and AbbVie (+20.40%). Promising Dividend Kings identified in February showed relative outperformance, averaging -0.38% vs. -1.58% for all Kings and -3.34% for SPY.

SAN JOSE, Calif., March 20, 2025 (GLOBE NEWSWIRE) -- Following its recognition as a Top Workplace in the Bay Area last summer, California Water Service Group (Group) (NYSE: CWT) has earned the 2025 Top Workplaces USA designation by USA Today and Energage, a leading workforce culture research company.

Utilities stocks—those companies providing essential water, gas, electricity, and similar services—are a haven for investors when other sectors become too risky. The reasoning behind this is that there will always be relatively consistent demand for utilities services, even when the broader market is struggling.

SAN JOSE, Calif., March 06, 2025 (GLOBE NEWSWIRE) -- To enhance water safety and reliability for its customers and communities, California Water Service Group (Group) (NYSE: CWT) invested a record $471 million in capital improvements throughout its service areas in 2024.

Water utilities like California Water Service have seen recent underperformance, making current valuations attractive for defensive income investors. Despite a softer Q4, California Water Service had a strong 2024 and delivered record earnings. The stock's P/E ratio is near a 20-year low, and its dividend yield is at its highest in nearly a decade, indicating potential for favorable returns.

SAN JOSE, Calif., Feb. 28, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (Group or Company, NYSE: CWT) today announced that Kris A. Hamner will join the company as Vice President, Chief Human Resource Officer, effective February 28, 2025. He succeeds Ronald D. Webb, who will retire after more than a decade of service to the Company.