Global Water Resources, Inc. Declares Monthly Cash Dividend Payable on February 28, 2017
January 31, 2017 at 01:31 pm
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Global Water Resources, Inc. declared, a monthly cash dividend in the amount of $0.0225 per common share (an annualized amount of $0.27 per share), which will be payable on February 28, 2017, to holders of record at the close of business on February 14, 2017.
Global Water Resources, Inc. is a water resource management company. It owns, operates, and manages 29 water, wastewater, and recycled water systems in strategically located communities, principally in metropolitan Phoenix and Tucson, Arizona. It seeks to deploy an integrated approach, referred to as Total Water Management. Total Water Management is a comprehensive approach to water utility management that reduces demand on scarce non-renewable water sources and costly renewable water supplies, in a manner that ensures sustainability and communities both environmentally and economically. It treats water to potable standards and also treats, cleans, and recycles wastewater for a variety of non-potable uses. Its water supplies are derived from groundwater. It serves more than 82,000 people in over 32,000 homes within its 408 square miles of certificated service areas. It provides water and wastewater utility services under the regulatory authority of the Arizona Corporation Commission.