Global Water Resources Announces Monthly Dividend
PHOENIX — Global Water Resources, Inc. (NASDAQ: GWRS), a dedicated provider in water resource management, has declared its latest monthly cash dividend of $0.02533 per common share. This dividend reflects an annual rate of $0.30396 per share, showcasing the company's commitment to returning value to its shareholders.
Dividend Payment Information
For those holding shares of Global Water Resources, the dividend will be payable soon, marking a significant moment for investors in the company. The record date is set for the close of business on March 17, and payments are expected to be disbursed on March 31.
About Global Water Resources
Global Water Resources, Inc. stands at the forefront of the water management sector, owning and operating a vast network of 32 systems. These systems deliver water, wastewater, and recycled water services primarily to growth areas around metropolitan Phoenix. Notably, the company has successfully recycled over 1 billion gallons of water each year, totaling 17.4 billion gallons since its establishment in 2004.
Innovative Total Water Management Practices
Global Water takes pride in its implementation of Total Water Management (TWM), an integrated method that ensures effective management of the entire water cycle. By owning and operating utilities for water, wastewater, and recycled water in one geographic region, TWM maximizes the beneficial reuse of water. It supports advanced technologies and conservation initiatives that lead to real changes in water usage.
Award-Winning Practices
The company’s efforts have not gone unnoticed. Global Water has received several industry accolades, including national recognition as a ‘Utility of the Future Today,’ which highlights its superior practices in water reuse. This recognition comes from a national consortium comprising various water and conservation organizations, including the Water Environment Federation (WEF).
Commitment to Excellence
Furthermore, Global Water was honored with Cityworks’ Excellence in Departmental Practice Award. This award acknowledges the company's leadership and innovation in implementing public asset management strategies, both in daily operations and long-term planning. These distinctions further solidify Global Water's position as a leader in the industry.
Contact Information
If you're seeking more information regarding Global Water Resources, please feel free to reach out. The contact for inquiries is Michael Liebman, the CFO and Senior Vice President. He can be contacted at (480) 999-5104.
Investor Relations
For those interested in investor-related queries, Ron Both or Grant Stude at CMA are available to assist. You can reach them by telephone at (949) 432-7566.
Frequently Asked Questions
What is the recent dividend declared by Global Water Resources?
The recent monthly dividend declared is $0.02533 per common share.
When will the dividend be paid?
The dividend will be payable on March 31 to shareholders of record as of March 17.
How does Global Water manage water resources?
Global Water employs Total Water Management practices, maximizing the beneficial use of recycling water through integrated services.
What recognition has Global Water received?
Global Water has been recognized as a ‘Utility of the Future Today’ for its effective water reuse practices.
Who can I contact for more information?
For inquiries, Michael Liebman is the point of contact at (480) 999-5104, or reach out to the investor relations team.
