Global Water Stock Price, News & Analysis

Global Water Resources (NASDAQ: GWRS), a pure-play water resource management company, has declared a monthly cash dividend of $0.02508 per common share. This equates to an annualized dividend rate of $0.30096 per share. The dividend is scheduled to be paid on October 31, 2024, to shareholders of record as of the close of business on October 17, 2024. This declaration is in line with the company's established dividend policy, demonstrating its commitment to providing regular returns to its shareholders.

Global Water Resources, Inc. (NASDAQ: GWRS) has released its second sustainability report, showcasing its Total Water Management (TWM) leadership. The report, prepared using SASB Standards, highlights the company's commitment to sustainability and environmental stewardship in Arizona communities.

Key points include:

• Celebrating 20 years of award-winning TWM
• Increased recycled water usage by 6.2% to 1.4 billion gallons in 2023
• Implementation of smart water management programs and advanced metering infrastructure
• Unique six-tier rate structure with conservation incentives
• 9.8% increase in active service connections, totaling 61,791
• $22.3 million invested in service area expansion and improvement
• Recognition as a 'Utility of the Future Today' for superior water reuse practices

Global Water's focus on water stewardship and innovative practices positions it well to address evolving water sustainability challenges in the western U.S.

Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, will present at the Janney Virtual Water Utilities Conference on September 19, 2024. CEO Ron Fleming, SVP and CFO Mike Liebman, and COO Chris Krygier will participate in a virtual fireside chat and one-on-one meetings with analysts and investors.

The presentation will be webcast live at 3:00 p.m. Eastern time and available for replay. Management will discuss the company's Q2 2024 growth, with revenue up 3.9% to $13.5 million and net income of $0.07 per share. They will also highlight GWRS's leadership in utility consolidation, automation, and water resource management, as well as its active M&A program expanding its portfolio in Arizona's major metro growth corridors.

Global Water Resources (NASDAQ: GWRS), a pure-play water resource management company, has announced a monthly cash dividend of $0.02508 per common share. This translates to an annualized dividend rate of $0.30096 per share. The dividend is scheduled for payment on September 30, 2024, to shareholders of record as of the close of business on September 16, 2024. This declaration aligns with the company's established dividend policy, demonstrating its commitment to providing regular returns to shareholders.

Global Water Resources (NASDAQ: GWRS) reported Q2 2024 results with total revenue increasing 3.9% to $13.5 million. Net income decreased slightly by 0.5% to $1.7 million or $0.07 per share. Total active service connections grew 4.9% to 63,256. The company invested $6.4 million in infrastructure projects and secured a $2.4 million loan for improvements. Global Water also announced plans to acquire seven water systems from the City of Tucson for $8.4 million, adding approximately 2,200 water service connections. The company continues to focus on organic growth and potential acquisitions in Arizona's Sun Corridor, supported by favorable macro trends in the region.

Global Water Resources (NASDAQ: GWRS), a pure-play water resource management company, has announced a monthly cash dividend of $0.02508 per common share. This translates to an annualized dividend rate of $0.30096 per share. The dividend is scheduled for payment on August 30, 2024, to shareholders of record as of the close of business on August 16, 2024. This declaration aligns with the company's established dividend policy, demonstrating its commitment to providing regular returns to shareholders.

Global Water Resources (NASDAQ: GWRS), a pure-play water resource management company, has announced its monthly cash dividend. The company will pay $0.02508 per common share, which translates to an annualized dividend rate of $0.30096 per share. This dividend is scheduled for payment on July 31, 2024, to shareholders of record as of the close of business on July 17, 2024. This declaration aligns with Global Water Resources' established dividend policy, demonstrating the company's commitment to providing regular returns to its shareholders.

Global Water Resources (NASDAQ: GWRS) announced a monthly cash dividend of $0.02508 per common share, equating to an annualized rate of $0.30096 per share. The dividend will be paid on July 31, 2024, to shareholders recorded by close of business on July 17, 2024.

Global Water Resources (NASDAQ: GWRS) announced a monthly cash dividend of $0.02508 per common share, translating to an annualized dividend rate of $0.30096 per share.

The dividend will be payable on June 28, 2024, to shareholders of record as of June 14, 2024.

This declaration aligns with the company's existing dividend policy.