Dividend Kings in Focus: California Water Service Group
- By Ben Reynolds
Written by Bob Ciura
Water is one of the basic necessities of human life. This simple fact provides for just about the most secure business model one can find--water utilities.
Even in the direst of economic climates, people simply cannot live without water. This is why so many publicly-traded water utilities have paid--and raised--their dividends for decades on end.
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Warning! GuruFocus has detected 10 Warning Signs with CWT. Click here to check it out.
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NYSE:CWT) has paid 288 consecutive quarterly dividends, a streak that amounts to 72 years. And, it recently increased its shareholder dividend for the 50th year in a row.
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