Trailing Dividend / Share
$1.63
H2O America (HTO) Dividend History
Income profile from 1980 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.8%
Payout Ratio
57.2%
Sustainable
Dividend Streak
32 years
HTO Dividend Income Check
Safety
57.2% payout ratio with sustainable safety profile.
Consistency
32 straight years of dividend increases.
Income Trend
Yield on cost is 2.5% and trend is rising.
HTO Dividend Scorecard
Yield & Income
Dividend Yield2.8%
Trailing DPS$1.63
FrequencySemi-Annual
Payments / 12M5
Payout Safety
Earnings Payout57.2%
Earnings SafetySustainable
FCF Payout207.6%
FCF SafetyStretched
Piotroski F-Score5/9
Growth
Growth Streak32 years
3Y CAGR5.3%
5Y CAGR5.6%
Yield on Cost (5Y)2.5%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield2.8%
1Y Total Return7.7%
5Y Total Return1.6%
Div Contribution (5Y)12.0%
Estimated $10K growth (return + dividends):
5Y ago$10,15610Y ago$20,56620Y ago$30,681
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
HTO Income Growth Story
Dividend per share and yield on cost over time (47 years of payments)
HTO Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
H2O America distributes 57.2% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 207.6%, rated "Stretched".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
HTO has raised its dividend for 32 consecutive years, with a 3-year CAGR of 5.3% and 5-year CAGR of 5.6%.
Total Shareholder Returns
Beyond cash dividends, HTO returns capital through share repurchases. The combined picture: 2.8% dividend yield, 2.8% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.5% and is currently rising. The 5-year total return is 1.6%, with dividends contributing 12.0% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $20,566 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
HTO Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$7.80
Avg/Payment$0.3900
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 11, 2026Latest | $0.4400 | — | 3.03% | Jun 1, 2026 |
| Feb 9, 2026 | $0.4400 | ↑ +4.8% | 3.31% | Mar 2, 2026 |
| Nov 10, 2025 | $0.4200 | — | 3.60% | Dec 1, 2025 |
| Aug 11, 2025 | $0.4200 | — | 3.33% | Sep 2, 2025 |
| May 12, 2025 | $0.4200 | — | 3.16% | Jun 2, 2025 |
| Feb 10, 2025 | $0.4200 | ↑ +5.0% | 3.19% | Mar 3, 2025 |
| Nov 4, 2024 | $0.4000 | — | 2.94% | Dec 2, 2024 |
| Aug 5, 2024 | $0.4000 | — | 2.70% | Sep 3, 2024 |
HTO Dividend vs Peers
Comparable companies in the same industry
#6 yield in peer group
Div Yield
2.8%
#6 of 9
Safety
Sustainable
57.2% payout
Streak
32Y
5.6% 5Y CAGR
Total Shareholder
2.8%
#6 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| HTOH2O America | $2.0B | 2.8% | 57.2% | 32 | Sustainable |
 AWRAmerican States Wate… | $3.0B | 2.5% | 57.2% | 24 | Sustainable |
 MSEXMiddlesex Water Comp… | $950M | 2.7% | 58.2% | 21 | Sustainable |
 YORWThe York Water Compa… | $463M | 3.0% | 62.9% | 31 | Watch |
2nd  ARTNAArtesian Resources C… | $328M | 3.9% | 55.5% | 31 | Sustainable |
1st  CWCOConsolidated Water C… | $527M | 100.0% | — | 3 | Unknown |
 AWKAmerican Water Works… | $24.5B | 2.6% | 57.0% | 12 | Sustainable |
 CWTCalifornia Water Ser… | $2.6B | 2.9% | 57.6% | 22 | Sustainable |
3rd  WTRGEssential Utilities,… | $10.6B | 3.5% | 60.6% | 26 | Watch |
HTO Annual Dividend History (1980–2026)
47 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.88 | — | 2 | — | — | — | 1.3% |
| 2025 | $1.68 | 5.0% | 4 | $2.92 | 57.5% | 1.74x | 2.5% |
| 2024 | $1.60 | 5.3% | 4 | $2.79 | 57.3% | 1.74x | 2.3% |
| 2023 | $1.52 | 5.6% | 4 | $2.68 | 56.7% | 1.76x | 2.2% |
| 2022 | $1.44 | 5.9% | 4 | $2.43 | 59.3% | 1.69x | 2.1% |
| 2021 | $1.36 | 6.3% | 4 | $2.03 | 67.0% | 1.49x | 2.0% |
| 2020 | $1.28 | 6.7% | 4 | $2.14 | 59.8% | 1.67x | 1.9% |
| 2019 | $1.20 | 7.1% | 4 | $0.82 | 146.3% | 0.68x | 1.8% |
| 2018 | $1.12 | 7.7% | 4 | $1.82 | 61.5% | 1.63x | 1.6% |
| 2017 | $1.04 | 28.4% | 5 | $2.86 | 36.4% | 2.75x | 1.5% |
See HTO's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs HTO Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare HTO vs GEV
Side-by-side business, growth, and profitability comparison vs GE Vernova Inc..
Start ComparisonHTO — Frequently Asked Questions
Quick answers to the most common questions about buying HTO stock.
How much dividend does HTO pay per share?
H2O America (HTO) pays a trailing 12-month dividend of $1.63 per share, with a current dividend yield of +2.8%. Payments are made Semi-Annual.
When is HTO's next ex-dividend date?
HTO's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. HTO typically pays dividends Semi-Annual.
Is HTO's dividend safe?
HTO's dividend safety is rated "Sustainable" based on an earnings payout ratio of +57.2% and FCF payout ratio of +207.6%. With 32 consecutive years of dividend growth, the track record supports sustainability.
Is HTO a Dividend Aristocrat?
Yes, H2O America is classified as a Dividend Aristocrat with 32 consecutive years of dividend increases. The 5-year dividend CAGR is +5.6%, demonstrating above-inflation dividend growth.
How often does HTO pay dividends?
H2O America pays dividends Semi-Annual. The trailing 12-month total is $1.63 per share. Dividend data on this page covers 46+ years from 1980 to 2026.
How much would $10,000 invested in HTO grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in HTO five years ago would be worth approximately $10,156 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is HTO's yield on cost for long-term holders?
HTO's yield on cost — the current dividend divided by the original purchase price — is +2.5% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.8% market yield, thanks to consistent dividend growth.