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AWR > SEC Filings for AWR > Form 8-K on 21-May-2013All Recent SEC Filings

Show all filings for AMERICAN STATES WATER CO | Request a Trial to NEW EDGAR Online Pro



Other Events, Financial Statements and Exhibits

Item 8.01. Other Events

American States Water Company (NYSE:AWR) announced that on May 20, 2013, the Board of Directors of AWR approved a 14.1% increase in its third quarter cash dividend from $0.355 per share to $0.405 per share on the common shares of the Company. This increase is equivalent to $0.20 per share above its current annualized dividend rate of $1.42 to $1.62. Dividends on the common shares will be payable on September 3, 2013 to shareholders of record at the close of business on August 15, 2013. The increased September 3, 2013 dividend will be applied to the shares prior to the stock split discussed below.

On the same day, the Board of Directors of AWR also approved a two-for-one stock split of the Company's common stock. Shareholders of record at the close of business on August 15, 2013 will receive one additional share of AWR stock for each share they own. These additional shares will also be payable on September 3, 2013 to shareholders of record on August 15, 2013. As a result of the stock split, the total number of common shares outstanding will increase from approximately 19.3 million to approximately 38.6 million.

A copy of the Company's press release is attached hereto as Exhibit 99.1.

This Form 8-K and the attached exhibit are furnished to, but not filed with, the Securities and Exchange Commission.

Item 9.01. Financial Statements and Exhibits

Exhibit No. Description
99.1 Press Release: American States Water Company Announces 14.1% Dividend Increase and 2-for-1 Stock Split

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