Consolidated Water Co. Announces Quarterly Cash Dividend Update
Consolidated Water Co. Announces Quarterly Cash Dividend
Consolidated Water Co. Ltd. (NASDAQ: CWCO), a prominent entity in the design, construction, and operation of advanced water supply and treatment plants, has recently made a noteworthy announcement. The company's board of directors has approved a quarterly cash dividend of $0.11 per share, benefiting its shareholders.
Details of the Cash Dividend
This cash dividend is scheduled to be distributed on January 31, 2025, to shareholders who are on record as of the close of business on January 2, 2025. This decision reflects the company's ongoing commitment to providing value to its shareholders and maintaining a robust financial strategy.
Overview of Consolidated Water Co. Ltd.
Founded with the mission to deliver reliable water supply solutions, Consolidated Water Co. Ltd. operates advanced seawater desalination plants in several regions, including the Cayman Islands, The Bahamas, and the British Virgin Islands. The company also plays a crucial role in the U.S. market, with a recent focus on developing a seawater desalination plant in Hawaii.
Operations and Innovations
The company's services go beyond water supply. Consolidated Water not only manages the design and engineering aspects of water treatment but also offers a variety of products that play a vital role in municipal and commercial water solutions. Their innovative approaches are critical in areas where traditional water sources are limited or contaminated.
Commitment to Sustainability
As a leader in the water supply industry, Consolidated Water Co. Ltd. is dedicated to sustainable practices. Their projects often emphasize environmentally friendly technologies that minimize waste and conserve resources. The company is actively working to address global water scarcity issues through its advanced solutions.
Engagement with Shareholders
Consolidated Water Co. Ltd. values transparency and engagement with its shareholders. By announcing the quarterly cash dividend, the company provides an opportunity for investors to benefit from its financial success and strategic growth. This move is a strong indicator of the company’s financial health and operational efficiency.
Company Contact Information
For any further inquiries, shareholders and interested parties can reach out to:
David W. Sasnett
Executive Vice President and CFO
Telephone: (954) 509-8200
Email: contact through the company’s official website.
Investor Relations
Consolidated Water Co. Ltd. ensures that investors can easily access relevant information. For investor relations, Ron Both and Grant Stude can be contacted at CMA Investor & Media Relations, Telephone: (949) 432-7566.
Frequently Asked Questions
What is the recent cash dividend announced by Consolidated Water Co.?
The board approved a quarterly cash dividend of $0.11 per share, payable on January 31, 2025.
When will shareholders receive the cash dividend?
The dividend will be distributed to shareholders of record as of January 2, 2025.
What services does Consolidated Water Co. provide?
They design, construct, and operate advanced water supply and treatment plants, including desalination facilities.
In which regions does Consolidated Water operate?
The company operates primarily in the Cayman Islands, The Bahamas, the British Virgin Islands, and the United States.
How can investors contact Consolidated Water Co.?
Investors can reach out via telephone to David W. Sasnett or the investor relations team for inquiries.
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