California drought means they will charge higher prices. Dividend is well covered and has more room to grow. Most other water utilities pay a higher percentage of their earnings in divs. This tells me that AWR is undervalued compared to any of the others I know of.
I made some money today in RWM. When I saw AWR down 2% I decided to buy.Got in at 27.92.
Sold for a profit and got back in again. Hope it goes to 28.50 tomorrow!!
It bounced back better than CWT which I watched too.