Global Water Resources Inc (GWR) Announces Dividend Increase – $0.02 Per Share
Global Water Resources Inc (TSE:GWR) announced a monthly dividend on Thursday, September 14th, TickerTech reports. Shareholders of record on Friday, September 29th will be paid a dividend of 0.0231 per share on Friday, September 29th. This represents a $0.28 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date of this dividend is Thursday, September 14th. This is an increase from Global Water Resources’s previous monthly dividend of $0.02.
Shares of Global Water Resources (TSE:GWR) traded down 0.85% during mid-day trading on Friday, reaching $11.65. 2,000 shares of the company’s stock were exchanged. The company’s 50 day moving average is $11.90 and its 200 day moving average is $12.06. Global Water Resources has a 1-year low of $9.79 and a 1-year high of $13.37. The stock has a market capitalization of $228.41 million and a PE ratio of 142.07.
Separately, Roth Capital restated a “buy” rating on shares of Global Water Resources in a research report on Monday, May 15th.
About Global Water Resources
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