Standard & Poor’s Affirms ‘A+’ Credit Rating for American States Water Company and Golden State Water Company
SAN DIMAS,Calif.--(BUSINESS WIRE)--Apr. 14, 2016--
S&P’s corporate credit ratings range from AAA (highest rating possible) to D (rating for default), reflecting S&P’s opinion of a company’s overall capacity to meet its financial obligations. Credit ratings are not recommendations to purchase, sell or hold a security and are subject to change or withdrawal at any time by the rating agency.
Certain matters discussed in this news release with regard to the
Company’s expectations may be forward-looking statements that involve
risks and uncertainties. The assumptions and risk factors that could
cause actual results to differ materially, include those described in
the Company’s Form 10-Q and Form 10-K filed with the
About
AWR has a long history
of returning value to shareholders and since 1931 has paid dividends to
shareholders every year, increasing the dividends received by
shareholders each calendar year for sixty-one consecutive years.
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Source:
American States Water Company
Eva G. Tang
Senior Vice
President-Finance, Chief Financial Officer
Treasurer and Corporate
Secretary
(909) 394-3600, ext. 707