Global Water Resources hikes dividend by 1%
Global Water Resources (GWRS) will raise its monthly dividend by 1.0 percent to $0.0241 per share. This matches last year's dividend hike of exactly 1.0 percent.
GWRS will pay three monthly cash dividends of $0.0241 per common share. The first dividend at the new monthly rate will be paid on December 30, 2019 to holders of record on December 16, 2019. A new annual rate of almost 29 cents yields 2.4% at a stock price of $12.30.
Global Water Resources is a comprehensive water resource management company based in Phoenix, Arizona. It manages the entire water cycle by owning and operating water, wastewater and recycled water utilities.
GWRS will pay three monthly cash dividends of $0.0241 per common share. The first dividend at the new monthly rate will be paid on December 30, 2019 to holders of record on December 16, 2019. A new annual rate of almost 29 cents yields 2.4% at a stock price of $12.30.
Global Water Resources is a comprehensive water resource management company based in Phoenix, Arizona. It manages the entire water cycle by owning and operating water, wastewater and recycled water utilities.
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