American Water Declares Quarterly Dividend

American Water Works Company, Inc. (NYSE:AWK) announced today that its Board of Directors declared a quarterly cash dividend payment of $0.20 per share payable on December 1, 2008 to all shareholders of record as of November 18, 2008.

“We are pleased to declare our second dividend payment since going public this past April,” said Don Correll, president and CEO of American Water. “The tradition of consistently paying dividends to our shareholders is part of American Water’s long history and one we are proud to continue in our new public life.”

Founded in 1886, American Water is the largest investor-owned U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs more than 7,000 dedicated professionals who provide drinking water, wastewater and other related services to approximately 15 million people in 32 states and Ontario, Canada.