SAN JOSE, Calif., Dec. 22, 2025 (GLOBE NEWSWIRE) -- To help fire departments in the utility's local service areas better serve their communities, California Water Service (Cal Water) has named the nine recipients of its seventh annual Firefighter Grant Program. These nine fire departments will share more than $186,000 to augment their rescue and emergency services.
Dividend Kings remain largely overvalued, but six—including MO, UVV, HRL, KVUE, CDUAF, and UBSI—are now fairly priced with yields (from $1k invested) exceeding share prices. Analyst forecasts project net gains of 19.89% to 93.08% for select high-yield Dividend Kings by December 2026, with an average net gain of 34.89%. Only three Dividend Kings—MO, KVUE, UBSI—currently meet both the 'safer' div...
SAN JOSE, Calif., Dec. 11, 2025 (GLOBE NEWSWIRE) -- In another step toward providing safe, reliable water to Palm Mutual Water company (Palm Mutual) customers long-term, California Water Service (Cal Water) has received California Public Utilities Commission (CPUC) approval of its pending acquisition of Palm Mutual. Cal Water is the largest subsidiary of California Water Service Group (NYSE: CWT).
SAN JOSE, Calif., Dec. 04, 2025 (GLOBE NEWSWIRE) -- For the fifth consecutive year, Newsweek has named California Water Service Group (Group) (NYSE: CWT) one of “America's Most Responsible Companies.” Newsweek and Statista Inc., a leading statistics portal and industry ranking provider, honored Group with the 2026 designation for the utility's ongoing commitment to sustainability and corporate ...
SACRAMENTO, Calif., Nov. 24, 2025 (GLOBE NEWSWIRE) -- The Association of California Water Agencies (ACWA) 2025 Fall Conference & Expo Dec. 3-4 will draw public water agency leaders from across California to San Diego for two days of presentations, panel discussions and keynote addresses focused on the latest issues surrounding the state's water supply and management.
California Water Service Group remains a 'Hold' at $44/share, with a revised price target due to valuation and risk concerns. CWT faces significant CapEx needs, regulatory challenges, and migration risks that may limit earnings growth despite strong rate base expansion. While CWT is fundamentally safe, well-run, and a dividend king, its current valuation does not provide a sufficient margin of ...
Request seeks to increase revenues by $2.2 million to recover increases in purchased water costs, higher operating expenses, and cost of completed capital.
SAN JOSE, Calif., Nov. 20, 2025 (GLOBE NEWSWIRE) -- (NYSE: CWT)—The California Public Utilities Commission (CPUC) has granted the request of California Water Service (Cal Water) and three other utilities to postpone their Cost of Capital applications from May 1, 2026, to May 1, 2027.
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