Global Water Resources Inc (GWR) to Issue Monthly Dividend of $0.03 on July 31st

Global Water Resources Inc (TSE:GWR) announced a monthly dividend on Friday, June 28th, Zacks reports. Investors of record on Wednesday, July 17th will be given a dividend of 0.031 per share on Wednesday, July 31st. This represents a $0.37 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date is Tuesday, July 16th.

GWR opened at C$14.02 on Friday. The firm has a market cap of $291.99 million and a PE ratio of 88.18. The company has a current ratio of 1.79, a quick ratio of 1.71 and a debt-to-equity ratio of 423.95. The stock has a 50 day moving average price of C$13.41. Global Water Resources has a 1-year low of C$12.00 and a 1-year high of C$15.03.

Global Water Resources (TSE:GWR) last announced its earnings results on Wednesday, May 8th. The company reported C$0.04 EPS for the quarter, beating analysts’ consensus estimates of C$0.01 by C$0.03. The company had revenue of C$10.27 million for the quarter, compared to analyst estimates of C$10.97 million. As a group, equities analysts expect that Global Water Resources will post 0.07 earnings per share for the current fiscal year.

Global Water Resources Company Profile

Global Water Resources, Inc, a water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water utilities primarily in metropolitan Phoenix, Arizona. As of December 31, 2018, it served approximately 55,000 people in 21,000 homes. The company was founded in 2003 and is based in Phoenix, Arizona.

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Dividend History for Global Water Resources (TSE:GWR)

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