california water service grp (CWT) Key Developments
California Water Service Group Completes Water Main Project in Salinas, California
Jul 2 15
California Water Service Group, or Cal Water, has completed the installation of more than a mile of water main in Salinas, California. The new 24-inch main will distribute newly developed groundwater with than the former source to Salinas customers. The main, which extends 5,700 feet on Dayton Street, Harkins Road, and South Abbott Street, is made of ductile iron pipe. The installation, which took place on some of the busiest streets in Salinas, also required 190 feet of boring and the installation of a 36" casing to house the 24" transmission pipeline, 10-feet under a railroad crossing. The natural quality of the water supply that was previously pumped from the northern Salinas system required considerable treatment to meet water quality standards, so Cal Water recently constructed a new well in the southern part of the city, where the natural water quality is superior. The new transmission pipeline now transfers the higher-quality water to the northern part of the system.
California Water Service Group Proposes Final Dividend for the Year Ended March 321, 2015
Jul 2 15
California Water Service Group announced at the annual general meeting to be held on July 21, 2015. The company proposed Payment of final tax-exempt one-tier dividend of 1.27 Singapore cents per ordinary share for the financial year ended 31 March 2015.
California Water Service Group - Special Call
Jun 1 15
To discuss implementation of its schedule 14.1 Drought Response Plan implemented by California Water Service (Cal Water) on June 1, 2015
California Water Service Group Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015
Apr 29 15
California Water Service Group reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported operating revenue of $121,985,000 against $110,515,000 a year ago. Net operating income was $7,497,000 against $1,152,000 a year ago. Net income was $1,575,000 against net loss of $5,476,000 a year ago. Basic and diluted earnings per share were $0.03 against basic and diluted loss per share of $0.11 a year ago.
California Water Service Group Declares Quarterly Dividend, Payable on May 22, 2015
Apr 29 15
California Water Service Group Board of Directors declared the company's 281st consecutive quarterly dividend in the amount of $0.1675 per common share. It will be payable on May 22, 2015, to stockholders of record on May 11, 2015.