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

Global Water Resources, Inc. (TSE:GWRGet Rating) announced a monthly dividend on Friday, April 29th, Zacks reports. Investors of record on Tuesday, May 17th will be given a dividend of 0.031 per share on Tuesday, May 31st. This represents a $0.37 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date of this dividend is Monday, May 16th.

Shares of GWR opened at C$18.00 on Friday. The company has a current ratio of 1.12, a quick ratio of 1.02 and a debt-to-equity ratio of 376.34. Global Water Resources has a 1 year low of C$17.56 and a 1 year high of C$25.75. The stock has a market cap of C$407.68 million and a P/E ratio of 87.38. The stock’s 50-day moving average price is C$19.72 and its two-hundred day moving average price is C$20.65.

Global Water Resources (TSE:GWRGet Rating) last announced its quarterly earnings results on Thursday, March 10th. The company reported C$0.02 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.01 by C$0.01. The firm had revenue of C$13.00 million during the quarter, compared to analyst estimates of C$12.57 million. As a group, equities analysts forecast that Global Water Resources will post 0.07 EPS for the current year.

Global Water Resources Company Profile (Get Rating)

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, 2020, it served approximately 74,048 people in approximately 27,630 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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