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Global Water (GWRS) Stock News

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Welcome to our dedicated page for Global Water news (Ticker: GWRS), a resource for investors and traders seeking the latest updates and insights on Global Water stock.

Global Water Resources, Inc. operates as a pure-play water resource management company providing regulated water, wastewater and recycled water service in Arizona. Its service areas are concentrated primarily in growth corridors around metropolitan Phoenix and Tucson, where utility revenue is tied to tariff rates, customer connections, consumption and infrastructure investment.

Recurring GWRS news covers monthly dividend declarations, quarterly and annual financial results, conference-call updates, Arizona Corporation Commission rate proceedings and capital actions supporting utility operations. Company updates also address utility consolidation, acquired water systems, recycled water practices, automation and the performance of regulated subsidiaries such as Global Water – Santa Cruz Water Company and Global Water – Palo Verde Utilities Company.

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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.

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Rhea-AI Summary

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.

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Rhea-AI Summary

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.

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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.

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Global Water Resources, Inc. (NASDAQ: GWRS) reported its first quarter 2024 results, showcasing a total revenue decrease of $1.5 million, an increase in regulated revenue, net income of $0.7 million, and adjusted EBITDA of $5.4 million. The company invested $5.8 million in infrastructure projects and acquired seven water systems around Tucson. Despite challenges like a decrease in total revenue, Global Water remains optimistic about growth opportunities in Arizona's Sun Corridor.

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Global Water Resources, Inc. (NASDAQ: GWRS) has agreed to acquire seven water systems from the City of Tucson, adding 2,200 customer connections in Pima County. This acquisition aligns with the company's growth strategy, increasing the total customer base to around 7,200 in the area. The integration will focus on consolidation, technology upgrades, and efficient water management practices. The deployment of advanced metering infrastructure (AMI) will enhance service quality and promote utility consolidation, automation, and water resource management.

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Global Water Resources, Inc. (NASDAQ: GWRS) announced a monthly cash dividend of $0.02508 per common share, totaling $0.30096 per share annually. The dividend is payable on May 31, 2024, to shareholders of record as of May 17, 2024.

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FAQ

What is the current stock price of Global Water (GWRS)?

The current stock price of Global Water (GWRS) is $7.32 as of August 5, 2026.

What is the market cap of Global Water (GWRS)?

The market cap of Global Water (GWRS) is approximately 210.8M.