American Water (AWK) is celebrating its 125th anniversary this year. Actually, the transportation of water is an extremely old business. The Assyrians built a 50 mile long limestone aqueduct in the 7th century BC, which carried water through a valley to Nineveh, their capital. It measured about 30 feet high and almost 1000 feet wide.
American Water is a New Jersey based company that provides drinking water and wastewater services to 30 states and 2 Canadian provinces. The stock trades at 17 times forward earnings and pays a yield of about 3%. The current annual dividend rate is 92 cents per share, up from 68 cents per share for the previous year, a 35% increase. Earnings for the latest quarter were up 10.7% on a 2.3% increase in revenues.
Middlesex Water Co. (MSEX) is another water utility that has been around for over a century, as it was founded in 1897. The company primarily serves New Jersey, Delaware, and Pennsylvania. The stock has a forward price to earnings ratio of 19, which is a bit on the high side, however, it pays a generous yield of 4%. The company just raised its dividend on November 10. Earnings were down over 10% for the latest quarter.
WallStreetNewsNetwork.com just updated its free list of dividend paying water utility stocks, which shows the PE, the forward PE, the price to earnings growth ratio, and the yield.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Showing posts with label AWK. Show all posts
Showing posts with label AWK. Show all posts
Wednesday, December 28, 2011
Friday, September 9, 2011
Will High Yield Water Stocks Clench Your Thirst?
Recently, there has been significant discussion in the press about moving water from flood hit areas to drought stricken areas. Unfortunately, it wouldn't really be feasible due to the extremely high costs to build a pipeline and the inability to predict where the next flood will take place.
At least water distribution companies are able to distribute water to their customers. Water utility stocks can provide a decent income, growth potential, and diversification, yields ranging from 2.5% to in excess of 4%. There are almost a dozen water utility stocks with dividends that were turned up by WallStreetNewsNetwork.com on their water utility list that was just updated.
The York Water Company (YORW) is one example, yields 3.1%. The stock trades at 20.7 times forward earnings. Earnings for the latest quarter were up 4.9% on a 7.2% rise in revenues. The company is a distributor of drinking water in Pennsylvania.
American Water Works Co., Inc. (AWK) is a New Jersey based distributor of water in 35 states and two Canadian provinces. The stock trades at 16 times forward earnings, with a decent 3.1% yield. Earnings for the quarter were up an amazing 16.2% from the previous quarter on a 6.2% increase in revenues.
SJW Corp. (SJW) is a San Jose, California based water distributor which serves the Silicon Valley area and has customers in Cupertino, San Jose, Campbell, Monte Sereno, Saratoga, Los Gatos, and parts of Santa Clara County. The stock trades at 19.5 times forward earnings and pays a yield of 3.0%.
To see a free list of all the top yielding water stocks, which can be downloaded, updated, and sorted, check out WallStreetNewsNetwork.com.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Friday, May 27, 2011
Top Yielding Water Utility Stocks
Water utility stocks provide excellent income diversification along with a portfolio of electric utilities and natural gas utilities. Water utilities provide CD beating yields ranging from 2.5% to 4%. There are about a dozen water utility stocks with dividends that were turned up by WallStreetNewsNetwork.com on their water utility list that was just updated. Here are a few examples.
SJW Corp. (SJW) is a San Jose, California based water distributor which serves the Silicon Valley area and has customers in Cupertino, San Jose, Campbell, Monte Sereno, Saratoga, Los Gatos, and parts of Santa Clara County. The stock trades at 20.5 times forward earnings and pays a yield of 3.1%.
American Water Works Co., Inc. (AWK) is a New Jersey based distributor of water in 35 states and two Canadian provinces. The stock trades at 16 times forward earnings, with a decent 3% yield. Earnings for the quarter ending March 31 were up over 53.6% from the previous quarter on a 7.8% increase in revenues.
Consolidated Water Co. Ltd. (CWCO), based in the Cayman Islands distributes water in the Cayman Islands, the Bahamas, Belize, the British Virgin Islands, and Bermuda. It also operates desalinization plants. The stock trades at a forward PE of 16 and yields 3.3%.
To see a free list of all the top yielding water stocks, all with yields over 2.5%, which you can download, update, and sort, check out WallStreetNewsNetwork.com.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
SJW Corp. (SJW) is a San Jose, California based water distributor which serves the Silicon Valley area and has customers in Cupertino, San Jose, Campbell, Monte Sereno, Saratoga, Los Gatos, and parts of Santa Clara County. The stock trades at 20.5 times forward earnings and pays a yield of 3.1%.
American Water Works Co., Inc. (AWK) is a New Jersey based distributor of water in 35 states and two Canadian provinces. The stock trades at 16 times forward earnings, with a decent 3% yield. Earnings for the quarter ending March 31 were up over 53.6% from the previous quarter on a 7.8% increase in revenues.
Consolidated Water Co. Ltd. (CWCO), based in the Cayman Islands distributes water in the Cayman Islands, the Bahamas, Belize, the British Virgin Islands, and Bermuda. It also operates desalinization plants. The stock trades at a forward PE of 16 and yields 3.3%.
To see a free list of all the top yielding water stocks, all with yields over 2.5%, which you can download, update, and sort, check out WallStreetNewsNetwork.com.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Thursday, February 17, 2011
Water Utility Dividend Increasers
Nothing pleases an income investor more than an increase in dividends. Fortunately, some industries are doing well enough to provide these increases. One of those industries is the water distribution business.
Aqua America (WTR) recently boosted its dividend and has provided increases every year for the last 19 years. This Pennsylvania based company has paid dividends for 65 years. It trades at 24 times forward earnings and provides a yield of 2.7%.
Water stocks provide excellent income diversification along with a portfolio of electric utilities and natural gas utilities. Water utilities provide CD beating yields yields ranging from 2% to 5% according to WallStreetNewsNetwork.com. Here are a few examples.
SJW Corp. (SJW) is a San Jose, California based water distributor which serves the Silicon Valley area and has customers in Cupertino, San Jose, Campbell, Monte Sereno, Saratoga, Los Gatos, and parts of Santa Clara County. The stock has a forward PE of 23 and pays a yield of 2.9%.
American Water Works Co., Inc. (AWK) is a New Jersey based distributor of water in 35 states and two Canadian provinces. The stock trades at 16.5 times forward earnings, with a nice 3.2% yield.
Consolidated Water Co. Ltd. (CWCO), based in the Cayman Islands distributes water in the Cayman Islands, the Bahamas, Belize, the British Virgin Islands, and Bermuda. It also operates desalinization plants. The stock trades at a forward PE of 19 and yields 2.9%.
To see a free list of all the top yielding water stocks, most of which yield between 3% to 5%, which you can download, update, and sort, go to WallStreetNewsNetwork.com.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Aqua America (WTR) recently boosted its dividend and has provided increases every year for the last 19 years. This Pennsylvania based company has paid dividends for 65 years. It trades at 24 times forward earnings and provides a yield of 2.7%.
Water stocks provide excellent income diversification along with a portfolio of electric utilities and natural gas utilities. Water utilities provide CD beating yields yields ranging from 2% to 5% according to WallStreetNewsNetwork.com. Here are a few examples.
SJW Corp. (SJW) is a San Jose, California based water distributor which serves the Silicon Valley area and has customers in Cupertino, San Jose, Campbell, Monte Sereno, Saratoga, Los Gatos, and parts of Santa Clara County. The stock has a forward PE of 23 and pays a yield of 2.9%.
American Water Works Co., Inc. (AWK) is a New Jersey based distributor of water in 35 states and two Canadian provinces. The stock trades at 16.5 times forward earnings, with a nice 3.2% yield.
Consolidated Water Co. Ltd. (CWCO), based in the Cayman Islands distributes water in the Cayman Islands, the Bahamas, Belize, the British Virgin Islands, and Bermuda. It also operates desalinization plants. The stock trades at a forward PE of 19 and yields 2.9%.
To see a free list of all the top yielding water stocks, most of which yield between 3% to 5%, which you can download, update, and sort, go to WallStreetNewsNetwork.com.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Tuesday, November 9, 2010
High Yield Water Stocks
All the water in rivers, lakes, and ponds around the world make up only 0.6% of the earth's total water. Glaciers and polar ice caps account for 2.4%, and the rest, about 97%, is in the oceans.
Water stocks provide excellent income diversification along with a portfolio of electric utilities and natural gas utilities. Water utilities provide CD beating yields yields ranging from 2% to 5%. There are about a dozen water utility stocks with dividends that were turned up by WallStreetNewsNetwork.com on their water stock list that was just updated. Here are a few examples.
SJW Corp. (SJW) is a San Jose, California based water distributor which serves the Silicon Valley area and has customers in Cupertino, San Jose, Campbell, Monte Sereno, Saratoga, Los Gatos, and parts of Santa Clara County. The stock has a forward PE of 25 and pays a yield of 2.8%. The company recently reported a 35% increase in quarterly earnings per share year over year. Robert W. Baird also initiated coverage on this company, giving it a Neutral rating.
American Water Works Co., Inc. (AWK) is a New Jersey based distributor of water in 35 states and two Canadian provinces. The stock trades at 15 times forward earnings, with a nice 3.5% yield. Earnings for the quarter ending September 30 were up over 70% from the previous quarter on a 17% increase in revenues. Robert W. Baird recently initiated coverage on the company, giving it an Outperform rating.
Consolidated Water Co. Ltd. (CWCO), based in the Cayman Islands distributes water in the Cayman Islands, the Bahamas, Belize, the British Virgin Islands, and Bermuda. It also operates desalinization plants. The stock trades at a forward PE of 16 and yields 2.9%. Quarterly income per share increased 80% year over year, however, consolidated gross profit decreased 25%. Brean Murray recently upgraded the ratings on its company from a Hold to a Buy.
To see a free list of all the top yielding water stocks, most of which yield between 3% to 5%, which you can download, add to, update, and sort, check out WallStreetNewsNetwork.com.
Author does not own any of the above.
By Stockerblog.com
Water stocks provide excellent income diversification along with a portfolio of electric utilities and natural gas utilities. Water utilities provide CD beating yields yields ranging from 2% to 5%. There are about a dozen water utility stocks with dividends that were turned up by WallStreetNewsNetwork.com on their water stock list that was just updated. Here are a few examples.
SJW Corp. (SJW) is a San Jose, California based water distributor which serves the Silicon Valley area and has customers in Cupertino, San Jose, Campbell, Monte Sereno, Saratoga, Los Gatos, and parts of Santa Clara County. The stock has a forward PE of 25 and pays a yield of 2.8%. The company recently reported a 35% increase in quarterly earnings per share year over year. Robert W. Baird also initiated coverage on this company, giving it a Neutral rating.
American Water Works Co., Inc. (AWK) is a New Jersey based distributor of water in 35 states and two Canadian provinces. The stock trades at 15 times forward earnings, with a nice 3.5% yield. Earnings for the quarter ending September 30 were up over 70% from the previous quarter on a 17% increase in revenues. Robert W. Baird recently initiated coverage on the company, giving it an Outperform rating.
Consolidated Water Co. Ltd. (CWCO), based in the Cayman Islands distributes water in the Cayman Islands, the Bahamas, Belize, the British Virgin Islands, and Bermuda. It also operates desalinization plants. The stock trades at a forward PE of 16 and yields 2.9%. Quarterly income per share increased 80% year over year, however, consolidated gross profit decreased 25%. Brean Murray recently upgraded the ratings on its company from a Hold to a Buy.
To see a free list of all the top yielding water stocks, most of which yield between 3% to 5%, which you can download, add to, update, and sort, check out WallStreetNewsNetwork.com.
Author does not own any of the above.
By Stockerblog.com
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