AWR raised its quarterly dividend 8% after Q2 EPS jumped to $1.09, extending its remarkable 70-year streak of consecutive dividend increases. Five Dividend Kings with 50+ consecutive years of dividend increases beat Q2 earnings, making them defensive picks in a frothy, overbought market. Investors seeking defensive companies that pay substantial dividends are drawn to the Dividend Kings, and for good reason. GSWC is a public water utility that purchases, produces, distributes, and sells water in 11 counties in the state of California. Its business is conducted through its operating subsidiaries and provides utility services.