Water segment leads earnings growthGolden State Water, the company’s water utility, generated second-quarter earnings of $0.91 per share, compared with $0.73 per share in the prior-year period. Sprowls said American States Water does not plan to issue additional equity through at least the end of 2029 to support current operations. American States Water has paid dividends every year since 1931, according to Sprowls. About American States Water (NYSE:AWR)American States Water Company (NYSE: AWR), founded in 1929 and headquartered in San Dimas, California, is a publicly traded utility holding company. Within its regulated water utility segment, American States Water serves more than 250,000 residential, commercial and industrial customers across 35 communities in six counties of California.