This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:California Water Service Group Board of Directors Declares 259th Consecutive Quarterly Dividend 2009-10-28 16:40 ET - News Release SAN JOSE, CA
-- (MARKET WIRE)
-- 10/28/09 
California Water Service Group (NYSE: CWT)
announced today that its Board of Directors has declared the company's
259th consecutive quarterly dividend in the amount of $0.2950 per common
share. It will be payable on November 20, 2009, to stockholders of record
on November 9, 2009.
California Water Service Group is the parent company of California Water
Service Company, Washington Water Service Company, New Mexico Water Service
Company, Hawaii Water Service Company, Inc., and CWS Utility Services.
Together these companies provide regulated and non-regulated water service
to more than 2 million people in 100 California, Washington, New Mexico and
Hawaii communities. Group's common stock trades on the New York Stock
Exchange under the symbol "CWT."
This news release contains forward-looking statements within the meaning
established by the Private Securities Litigation Reform Act of 1995
("Act"). The forward-looking statements are intended to qualify under
provisions of the federal securities laws for "safe harbor" treatment
established by the Act. Forward-looking statements are based on currently
available information, expectations, estimates, assumptions and
projections, and management's judgment about the Company, the water utility
industry and general economic conditions. Such words as expects, intends,
plans, believes, estimates, assumes, anticipates, projects, predicts,
forecasts or variations of such words or similar expressions are intended
to identify forward-looking statements. The forward-looking statements are
not guarantees of future performance. They are subject to uncertainty and
changes in circumstances. Actual results may vary materially from what is
contained in a forward-looking statement. Factors that may cause a result
different than expected or anticipated include but are not limited to:
governmental and regulatory commissions' decisions, including decisions on
proper disposition of property; changes in regulatory commissions' policies
and procedures; the timeliness of regulatory commissions' actions
concerning rate relief; new legislation; changes in accounting valuations
and estimates; the ability to satisfy requirements related to the
Sarbanes-Oxley Act and other regulations on internal controls; electric
power interruptions; increases in suppliers' prices and the availability of
supplies including water and power; fluctuations in interest rates; changes
in environmental compliance and water quality requirements; acquisitions
and our ability to successfully integrate acquired companies; the ability
to successfully implement business plans; changes in customer water use
patterns; the impact of weather on water sales and operating results;
access to sufficient capital on satisfactory terms; civil disturbances or
terrorist threats or acts, or apprehension about the possible future
occurrences of acts of this type; the involvement of the United States in
war or other hostilities; restrictive covenants in or changes to the credit
ratings on our current or future debt that could increase our financing
costs or affect our ability to borrow, make payments on debt or pay
dividends; and, other risks and unforeseen events. When considering
forward-looking statements, you should keep in mind the cautionary
statements included in this paragraph. The Company assumes no obligation
to provide public updates of forward-looking statements.
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