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.

ILLEGAL ACTIVITY NOTICE: This piece was published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The correct version of this piece can be accessed at https://www.americanbankingnews.com/2017/09/09/global-water-resources-inc-gwr-announces-dividend-increase-0-02-per-share.html.

About Global Water Resources

Dividend History for Global Water Resources (TSE:GWR)

Receive News & Ratings for Global Water Resources Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Water Resources Inc and related companies with MarketBeat.com's FREE daily email newsletter.