California Water Service Group (CWT) is Flowing in the Right Direction
The California Water Service Group (CWT) has the distinction of being the largest investor-owned U.S. water utility west of the Mississippi River. Based in San Jose, the company has a market capitalization of $823.1M as part of the Water Utilities sector on the NYSE. CWT has paid a dividend to its shareholders every year since 1945. With five subsidiaries, the California Water Service Group provides regulated and non-regulated water service to over 2 million people in 100 communities in the U.S. The subsidiaries of the parent company operate in California, Washington, New Mexico, and Hawaii. The fifth subsidiary is CWS…