11 Best Value Dividend Stocks to Buy Now

8. American Water Works Company, Inc. (NYSE:AWK)

Forward P/E as of September 26: 22.03

American Water Works Company, Inc. (NYSE:AWK) is a regulated utility that delivers water and wastewater services to over 14 million people in 14 states. Most of its revenue comes from its regulated utility operations, which accounted for 92% of operating revenue in 2024.

American Water Works Company, Inc. (NYSE:AWK)’s strategy centers on a few core priorities. These include working with regulators to gain approval for rate changes, investing heavily in modernizing and replacing infrastructure, and pursuing growth through selective acquisitions. Because regulatory approval directly affects customer pricing and the recovery of infrastructure costs, it plays a vital role in the company’s performance. Maintaining efficiency while meeting environmental and health standards is also key to ensuring long-term stability and growth.

American Water Works Company, Inc. (NYSE:AWK)’s dividend policy also makes it an appealing option for income investors. The company has raised its payouts consistently since 2008. Currently, it offers a quarterly dividend of $0.8275 per share and has a dividend yield of 2.43%, as of September 26.