Global Water Resources (TSE:GWR) announced a monthly dividend on Thursday, March 29th, Zacks reports. Investors of record on Monday, April 16th will be given a dividend of 0.03 per share on Monday, April 30th. This represents a $0.36 annualized dividend and a yield of 3.20%. The ex-dividend date is Friday, April 13th. This is a boost from Global Water Resources’s previous monthly dividend of $0.02.
Shares of GWR stock traded up C$0.02 during mid-day trading on Friday, reaching C$11.26. 100 shares of the stock traded hands, compared to its average volume of 3,477. Global Water Resources has a 1-year low of C$10.72 and a 1-year high of C$13.37.
Global Water Resources (TSE:GWR) last announced its quarterly earnings results on Friday, March 9th. The company reported C$0.03 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.01 by C$0.02. The firm had revenue of C$9.91 million for the quarter, compared to analyst estimates of C$9.53 million.
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About Global Water Resources
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, 2016, it served approximately 50,000 people in 19,000 homes. The company was founded in 2003 and is based in Phoenix, Arizona.
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