Owners of American Water Works (NYSE: AWK) shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $42.72 as of 9:35 a.m. ET, the dividend yield is 2.6%. The average volume for American Water Works has been 827,700 shares per day over the past 30 days. American Water Works has a market cap of $7.6 billion and is part of the utilities industry. Shares are up 14.9% year to date as of the close of trading on Monday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States and Canada. The company's Regulated Businesses segment offers water and wastewater services to approximately 1,500 communities in 16 states. The company has a P/E ratio of 19.85. TheStreet Ratings rates American Water Works 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, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full American Water Works Ratings Report now.