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PHOENIX - Global Water Resources, Inc. (NASDAQ:GWRS), a water resource management company with a market capitalization of $266 million, announced Thursday it will pay a monthly cash dividend of $0.02533 per common share, representing an annual dividend rate of $0.30396 per share. The dividend yields 3.14%, marking the company’s ninth consecutive year of dividend increases, according to InvestingPro data.
The dividend will be payable on August 29, 2025, to shareholders of record as of August 15, 2025, according to a company press release.
Global Water Resources operates 39 water, wastewater, and recycled water service systems, primarily located in growth corridors around Phoenix and Tucson, Arizona. The company reports it recycles over 1 billion gallons of water annually. With impressive gross profit margins of 73.6% and revenue growth of 3.9% over the last twelve months, the company maintains strong financial metrics. InvestingPro analysis reveals 7 additional key insights about GWRS’s financial health and growth potential.
The company implements what it calls Total Water Management, an approach that involves operating water utilities within the same geographic area to maximize recycled water usage. This includes technologies such as remote metering infrastructure and conservation-oriented rate designs.
Global Water Resources has received industry recognition for its water management practices, including being named a ’Utility of the Future Today’ by a consortium led by the Water Environment Federation for its water reuse practices.
In other recent news, Global Water Resources Inc. reported its Q1 2025 earnings, showing mixed results. The company posted earnings per share of $0.02, which was below the forecasted $0.05. However, it exceeded revenue expectations with $12.46 million compared to the anticipated $12 million. In another significant development, Global Water Resources completed the acquisition of seven water systems from Tucson Water. This acquisition, valued at approximately 1.05 times the current rate base of $7.7 million, is expected to generate about $1.5 million in annual revenue. Additionally, the company held its 2025 Annual Meeting of Stockholders, where seven directors were re-elected, and the independent auditor was ratified. The directors received between 91.22% and 98.76% of the votes in favor. These developments mark recent strategic and financial activities for Global Water Resources.
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