Global Water Resources Inc (TSE:GWR) to Issue Monthly Dividend of $0.03

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

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

Global Water Resources (TSE:GWR) last released its quarterly earnings data on Wednesday, May 8th. The company reported C$0.04 EPS for the quarter, beating the consensus estimate of C$0.01 by C$0.03. The company had revenue of C$10.27 million during the quarter, compared to analysts’ expectations of C$10.97 million. On average, equities research analysts forecast that Global Water Resources will post 0.07 EPS for the current 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.

See Also: Trading Ex-Dividend

Dividend History for Global Water Resources (TSE:GWR)

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