American Water Works - AWK

A company that pays a 23 cent dividend per quarter may not sound like much to those who are outside of the stock market community, however those who subscribe to the "Common Man" mentality, that 23 cent dividend is like gold mine! Searching for a consistent dividend payer is no easy task, however once you find one and actually purchase shares a sense of calm should come over you. Rest well at night knowing that your money is working for you and with each share increase and dividend payment you are slowly, but surely, moving your way to financial freedom and security.
Look no further than American Water Works, stock ticker AWK, for one of those consistent dividend payer referenced above. Yes, AWK has only been listed on the New York Stock Exchange since April 25th, 2008 and began paying a quarterly dividend on August 13th, 2008, however this winner is hear to stay long term. With a current dividend yield of 2.75%, AWK has already become a safe haven stock.
We all need water, right? I would sure hope so. Well, AWK is a water and waste water utility company. They provide 15 million people with drinking water, waste water and other water related services in over 30 American states and two Canadian provinces. During 2010 alone, the Company closed on six acquisitions of water and waste water systems. AWK flew higher and higher during the Great Recession and has continue to increase in share price.
Just the other day, on January 27th, 2012, the nation's largest publicly traded water utility (AWK) announced that they were awarded a research grant from the WateReuse Research Foundation to develop best management practices to control potential health risks and other issues associated with storage and distribution of reclaimed water. The project is valued at $377,578. Click here to learn more about WateReuse, great foundation if you ask me!
Water is essential to the human race and for that reason alone AWK should be an essential part of your Roth IRA stock retirement portfolio. Emerging markets in India, Latin America, China and all throughout the world are subscribing to a healthy living lifestyle and with that comes clean, purified water. AWK pays an excellent, healthy dividend and the share price is very predictable. I think water is currently an undervalued commodity. As the world population continues to grow it will take more work to ensure access to clean water. I think AWK is well positioned to profit from that.
I do not suggest investing your hard earned dollars into each and every stock discussed on my website, however any stock which pays you to hold their shares and will around now and during your retirement years works for me! To learn more about the great American Water Works please visit the links below and also watch some of my favorite YouTube videos pertaining to... WATER! Have a great remainder of the weekend. Stay safe.
American Water Works Homepage Press Room Investor Relations SEC Filings Corporate Information/Profile