Cash dividend payable in the fourth quarter of 2021

American Water Works Company, Inc. (NYSE:AWK) announced today that its board of directors declared a quarterly cash dividend payment of $0.6025 per share of common stock, payable on December 1, 2021, to all shareholders of record as of November 10, 2021.

This quarterly dividend is a continuation of the increase in the annualized dividend approved by the Board and announced in April 2021.

American Water offers a dividend reinvestment and direct stock purchase plan called American Water Stock Direct, which enables shareholders to reinvest cash dividends and purchase additional shares of American Water common stock without any brokerage commissions or service charges. Shareholders and other persons may obtain a copy of the Plan prospectus and an enrollment form by contacting American Stock Transfer & Trust Company ("AST") at 888-556-0423, visiting AST's website at www.astfinancial.com, contacting American Water's Investor Relations department at 856-566-4005 or by visiting the Investor Relations webpage located at ir.amwater.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities. The offer is being made solely through the Plan prospectus.

About American Water

With a history dating back to 1886, American Water is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs more than 7,000 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to more than 15 million people in 46 states. American Water provides safe, clean, affordable and reliable water services to our customers to make sure we keep their lives flowing. For more information, visit amwater.com and follow American Water on Twitter, Facebook and LinkedIn.

AWK-IR

View source version on businesswire.com: https://www.businesswire.com/news/home/20211028006001/en/

American Water Declares Quarterly Dividend