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

Global Water Resources Inc (TSE:GWR) announced a monthly dividend on Tuesday, June 30th, Zacks reports. Stockholders of record on Friday, July 17th will be paid a dividend of 0.033 per share on Friday, July 31st. This represents a $0.40 annualized dividend and a dividend yield of 2.77%. The ex-dividend date is Thursday, July 16th.

Shares of GWR traded up C$0.40 during mid-day trading on Thursday, reaching C$14.30. 1,000 shares of the company’s stock were exchanged, compared to its average volume of 1,345. The company has a debt-to-equity ratio of 327.53, a current ratio of 2.26 and a quick ratio of 2.15. The stock has a market capitalization of $337.83 million and a PE ratio of 160.67. The business’s fifty day simple moving average is C$14.52 and its 200-day simple moving average is C$15.91. Global Water Resources has a 52-week low of C$13.00 and a 52-week high of C$19.99.

Global Water Resources (TSE:GWR) last released its quarterly earnings results on Wednesday, May 6th. The company reported C$0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of C($0.01) by C$0.04. The firm had revenue of C$11.05 million for the quarter, compared to analyst estimates of C$11.62 million. Equities research analysts predict that Global Water Resources will post 0.07 earnings per share 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.

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Dividend History for Global Water Resources (TSE:GWR)

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