American States Water Company (NYSE:AWR) is recognized as one of the 12 Reliable Dividend Stocks for Maximum Income due to its stability and dividend history dating back to 1931. AWR operates in water, electric, and contracted services segments, focusing on regulatory outcomes and customer demand amid environmental challenges.

AWR has increased its dividends annually for 71 consecutive years, maintaining a 8.5% compound annual growth rate (CAGR) in quarterly dividends since Q3 2020. With a current dividend yield of 2.76%, AWR aims for sustained annual dividend growth above 7%, offering a quarterly dividend of $0.504 per share.

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Read more at Yahoo Finance: A Dividend Powerhouse with Decades of Stability