NEW YORK ( TheStreet) -- The ex-dividend date for American States Water (NYSE: AWR) is tomorrow, November 8, 2011. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $35.39 as of 9:30 a.m. ET, the dividend yield is 3.2%.

The average volume for American States Water has been 125,500 shares per day over the past 30 days. American States Water has a market cap of $660.7 million and is part of the utilities sector and utilities industry. Shares are up 2.6% year to date as of the close of trading on Friday.

American States Water Company, through its subsidiaries, provides water, electric, and contracted services in the United States. The company has a P/E ratio of 19.6, above the average utilities industry P/E ratio of 16.9 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates American States Water as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income, revenue growth, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full American States Water Ratings Report.

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