Global Water Resources Inc Plans Monthly Dividend of $0.03 (GWR)

Global Water Resources Inc (TSE:GWR) declared a monthly dividend on Friday, December 28th, Zacks reports. Shareholders of record on Thursday, January 17th will be paid a dividend of 0.032 per share on Thursday, January 31st. This represents a $0.38 dividend on an annualized basis and a yield of 2.91%. The ex-dividend date of this dividend is Wednesday, January 16th.

Shares of Global Water Resources stock opened at C$13.18 on Friday. The company has a quick ratio of 2.20, a current ratio of 2.30 and a debt-to-equity ratio of 389.09. Global Water Resources has a one year low of C$10.72 and a one year high of C$15.03.

Global Water Resources (TSE:GWR) last announced its quarterly earnings results on Thursday, November 8th. The company reported C$0.04 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.05 by C($0.01). The business had revenue of C$11.76 million during the quarter, compared to analyst estimates of C$11.69 million. Analysts anticipate that Global Water Resources will post 0.0699999994807122 earnings per share for the current fiscal year.

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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, 2017, it served approximately 51,000 people in approximately 20,000 homes. The company was founded in 2003 and is based in Phoenix, Arizona.

See Also: Fundamental Analysis

Dividend History for Global Water Resources (TSE:GWR)

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