Consolidated Water Declares Third Quarter Cash Dividend
Rhea-AI Summary
Consolidated Water Co. Ltd. (NASDAQ: CWCO) announced a quarterly cash dividend of $0.085 per share. The dividend is payable on July 29, 2022, to shareholders on record as of July 1, 2022. The company specializes in developing and operating water supply and treatment plants across regions like the Cayman Islands, The Bahamas, and the British Virgin Islands.
Founded with a focus on advanced water solutions, Consolidated Water provides comprehensive services in water production, supply, and treatment.
Positive
- Quarterly cash dividend of $0.085 increases income for shareholders.
- Demonstrates company confidence in ongoing operations and financial health.
Negative
- None.
News Market Reaction – CWCO
In the trading session that priced this news, CWCO gained 3.75%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
GEORGE TOWN, Cayman Islands, June 03, 2022 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment plants, today announced that its board of directors has approved a quarterly cash dividend of
The cash dividend is payable July 29, 2022 to shareholders of record at the close of business on July 1, 2022.
About Consolidated Water Co. Ltd.
Consolidated Water Co. Ltd. develops and operates advanced water supply and treatment plants and water distribution systems. The company operates water production facilities in the Cayman Islands, The Bahamas and the British Virgin Islands and operates water treatment facilities in the United States. The company also manufactures and services a wide range of products and provides design, engineering, management, operating and other services applicable to commercial and municipal water production, supply and treatment, and industrial water and wastewater treatment. For more information, visit www.cwco.com.
Company Contact:
David W. Sasnett
Executive Vice President and CFO
Tel (954) 509-8200
dsasnett@cwco.com
Investor Relations Contact
Ron Both, CMA
Tel (949) 432-7566
CWCO@cma.team
