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Global Water Resources, Inc. Increases Monthly Dividend by 1% to $0.02533 Per Share

Global Water Resources, Inc. Increases Monthly Dividend by 1% to $0.02533 Per Share

Global Water Resources, Inc. 将每股月度股息提高1%,至$0.02533
Quiver Quantitative ·  11/27 21:41

Global Water Resources increases monthly dividend by 1%, reflecting revenue growth and optimistic future outlook.

全球水资源通过将营业收入提高1%而每月派息,反映出营业收入增长和乐观未来前景。

Quiver AI Summary

Quiver AI 概要

Global Water Resources, Inc. (NASDAQ: GWRS), a company focused on water resource management, has announced a 1% increase in its monthly cash dividend to $0.02533 per common share, raising the annualized dividend rate to $0.30396. This increase will be payable on December 30, 2024, for shareholders on record by December 16, 2024. CFO Mike Liebman attributed this decision to the company's regulated revenue and net income growth, stemming from an increase in active connections and regulated rates. Global Water operates 32 systems providing water, wastewater, and recycled water services primarily around metropolitan Phoenix, where it recycles over 1 billion gallons of water annually. The company has received awards for its effective Total Water Management approach, which integrates various water services to promote conservation and sustainability in water-scarce areas.

全球水资源公司(纳斯达克代码:GWRS)是一家专注于水资源管理的公司,宣布将每股月度现金股息提高1%,至0.02533美元,将年化股息率提高至0.30396美元。 此增加将于2024年12月30日支付给2024年12月16日之前持有股东股份的股东。 首席财务官迈克·利布曼将这一决定归因于公司受管制的营业收入和净利润增长,这源自活跃连接数和受管制费率的增加。 全球水资源经营32个系统,主要为菲尼克斯大都会区提供水、污水和再生水服务,每年回收超过10亿加仑水。 该公司因其有效的全面水资源管理方法而获得奖项,该方法整合了各种水务服务,以促进水资源匮乏地区的保护和可持续发展。

Potential Positives

潜在的积极因素

  • Global Water Resources, Inc. has announced a 1% increase in its monthly cash dividend, reflecting the company's commitment to returning value to shareholders.
  • The increased dividend indicates a positive outlook for the company, supported by growth in regulated revenue and net income due to an increase in active connections and regulated rates.
  • The company has been recognized nationally for its effective water resource management and superior water reuse practices, enhancing its reputation and credibility in the industry.
  • The announcement contributes to a stronger financial position and investor confidence as the company continues to demonstrate growth and operational excellence in water resource management.
  • 全球水资源公司宣布将每月现金股息提高1%,体现了公司回报股东的承诺。
  • 增加的股息表明公司前景积极,得益于营业收入和净利润的增长,原因是活跃连接数和受管制费率的增加。
  • 该公司因其有效的水资源管理和优越的水资源再利用实践而在全国范围内受到认可,增强了其在行业中的声誉和信誉。
  • 这一公告有助于公司继续展示在水资源管理领域的增长和运营卓越,从而促进更加强大的财务状况和投资者信心。

Potential Negatives

潜在负面影响

  • The dividend increase of only 1% may indicate limited financial growth or cash flow issues, suggesting conservative management practices rather than robust financial health.
  • The upcoming dividend payment could place financial strain on the company if future earnings do not sufficiently support ongoing dividend increases.
  • Despite the increase in dividends, there is no mention of significant new growth initiatives or expansions, which may imply stagnation in broader business development efforts.
  • 仅1%的股息增长可能表明有限的财务增长或现金流问题,暗示保守的管理做法,而非强劲的财务健康。
  • 如果未来收益不足以支持持续增加的股息,即将到来的股息支付可能会给公司带来财务压力。
  • 尽管股息增加,但却没有提及重大的新增长举措或扩张计划,这可能意味着在更广泛的业务拓展努力中陷入停滞。

FAQ

FAQ

What is the new monthly dividend amount for Global Water Resources?

全球水资源的新月度股息金额是多少?

The new monthly cash dividend is $0.02533 per common share.

每股普通股的新月度现金股息为0.02533美元。

When will the increased dividend be payable?

增加后的股息何时可支付?

The increased dividend will be payable on December 30, 2024.

分红派息将于2024年12月30日支付。

Who qualifies for the dividend payment?

谁有资格获得分红支付?

Holders of record at the close of business on December 16, 2024, will qualify for the dividend payment.

截至2024年12月16日收盘时的持股人将有资格获得分红支付。

What drove the decision to increase the dividend?

是什么促使决定提高分红?

The decision was driven by growth in regulated revenue, net income, and an optimistic outlook from the board.

决定是由监管收入、净利润增长以及董事会的乐观前景驱动的。

What are Global Water Resources' main services?

全球水资源的主要服务是什么?

Global Water Resources provides water, wastewater, and recycled water services through 32 systems primarily in metropolitan Phoenix.

全球水资源通过32个系统主要在凤凰城提供水、污水和再生水服务。

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

免责声明:这是由GlobeNewswire分发的新闻稿的人工智能生成摘要。用于总结这份稿件的模型可能会出错。请在这里查看完整发布。


$GWRS Insider Trading Activity

$GWRS内幕交易活动

$GWRS insiders have traded $GWRS stock on the open market 9 times in the past 6 months. Of those trades, 7 have been purchases and 2 have been sales.

$GWRS内部人员在过去6个月内已经进行了9次在公开市场上的$GWRS股票交易。其中有7次购买和2次销售。

Here's a breakdown of recent trading of $GWRS stock by insiders over the last 6 months:

以下是过去6个月内内部人员对$GWRS股票的最近交易情况:

  • STEVEN D. BRILL (VP of IT Operations) has traded it 4 times. They made 4 purchases, buying 30 shares and 0 sales.
  • SUZANNE MICHELLE KITTS (Vice President and Controller) sold 1,513 shares.
  • CHRISTOPHER D KRYGIER (Chief Operating Officer) has traded it 2 times. They made 2 purchases, buying 1,258 shares and 0 sales.
  • ANDREW M. COHN has traded it 2 times. They made 1 purchase, buying 536 shares and 1 sale, selling 536 shares.
  • STEVEN D. BRILL(IT运营副总裁)已进行了4次交易。他们进行了4次购买,购买了30股,没有销售。
  • SUZANNE MICHELLE KITTS(副总裁兼控制器)出售了1,513股。
  • CHRISTOPHER D KRYGIER(首席运营官)已进行了2次交易。他们进行了2次购买,购买了1,258股,没有销售。
  • ANDREW m. COHN已进行了2次交易。他们进行了1次购买,买入536股,并且1次销售,卖出536股。

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

要跟踪内部交易,请查看Quiver Quantitative的内部交易特斯拉-仪表。

$GWRS Hedge Fund Activity

$GWRS 对冲基金活动

We have seen 29 institutional investors add shares of $GWRS stock to their portfolio, and 29 decrease their positions in their most recent quarter.

我们看到有29家机构投资者在其最近的一个季度中增加了 $GWRS 股票的持仓,而有29家在其最近的一个季度中减少了他们的持仓。

Here are some of the largest recent moves:

以下是一些最近最大的交易动态:

  • POLAR ASSET MANAGEMENT PARTNERS INC. removed 70,748 shares (-8.5%) from their portfolio in Q3 2024
  • KENNEDY CAPITAL MANAGEMENT LLC removed 39,088 shares (-25.1%) from their portfolio in Q3 2024
  • GOLDMAN SACHS GROUP INC added 35,428 shares (+108.2%) to their portfolio in Q3 2024
  • JANE STREET GROUP, LLC removed 19,444 shares (-100.0%) from their portfolio in Q3 2024
  • MORGAN STANLEY added 18,961 shares (+33.9%) to their portfolio in Q3 2024
  • CITADEL ADVISORS LLC added 15,605 shares (+172.2%) to their portfolio in Q3 2024
  • BARCLAYS PLC added 14,936 shares (+89.3%) to their portfolio in Q3 2024
  • POLAR资产管理合作伙伴公司在2024年第三季度从其投资组合中减少了70,748股股票(-8.5%)。
  • KENNEDY CAPITAL管理有限责任公司在2024年第三季度从其投资组合中减少了39,088股股票(-25.1%)。
  • 高盛集团公司在2024年第三季度向其投资组合中增加了35,428股股票(+108.2%)。
  • JANE STREEt GROUP, LLC 在2024年第三季度从其投资组合中减少了19,444股股票(-100.0%)。
  • 摩根士丹利在2024年第三季度向其投资组合中增加了18,961股股票(+33.9%)。
  • CITADEL ADVISORS LLC在2024年第三季度将其投资组合中的股份增加了15,605股(+172.2%)
  • 巴克莱银行在2024年第三季度将其投资组合中的股份增加了14,936股(+89.3%)

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

要追踪对冲基金的股票组合,请查看Quiver Quantitative的机构持股仪表板。

Full Release

全面发布



PHOENIX, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, has increased its dividend by 1% and declared under its dividend policy an increased monthly cash dividend in the amount of $0.02533 per common share.


凤凰城,2024年11月27日(全球新闻网)-- 全球水资源公司(纳斯达克:GWRS)是一家专注于水资源管理的公司,已将其股息提高了1%,并根据其股息政策宣布每股普通股增加$0.02533的月现金股息。



The increased monthly distribution represents a new annualized dividend rate of $0.30396 per share, an increase of $0.003 per share from the previous annual rate of $0.30096 per share.


增加的月度分配代表每股新年化股息率为$0.30396,比之前的年化股息率$0.30096每股增加$0.003。



The dividend will be payable on December 30, 2024, to holders of record at the close of business on December 16, 2024.


该股息将于2024年12月30日支付给截至2024年12月16日营业结束时登记的持有人。



"Our regulated revenue and net income growth has been driven by increases in active connections and regulated rates," stated Global Water Resources CFO Mike Liebman. "This performance, combined with our continued optimistic outlook, guided our board of directors in their decision to increase the monthly dividend for our stockholders."


“我们受管制的营业收入和净利润增长来自活跃连接和受管制费率的提高,”全球水资源首席财务官迈克·利布曼表示。“这种业绩,再加上我们持续乐观的展望,促使董事会决定增加我们股东的月度分红。”




About Global Water Resources



关于global water resources



Global Water Resources, Inc. is a leading water resource management company that owns and operates 32 systems which provide water, wastewater, and recycled water services. The company's service areas are located primarily in growth corridors around metropolitan Phoenix. Global Water recycles over 1 billion gallons of water annually with 17.4 billion gallons recycled since 2004.


全球水资源公司是一家领先的水资源管理公司,拥有和运营32个系统,提供供水、废水和再生水服务。公司的服务区域主要位于凤凰城周边的增长走廊。全球水资源每年回收超过10亿加仑水,自2004年以来已回收174亿加仑水。



The company has been recognized for its highly effective implementation of Total Water Management (TWM). TWM is an integrated approach to managing the entire water cycle that involves owning and operating water, wastewater and recycled water utilities within the same geographic area in order to maximize the beneficial use of recycled water. It enables smart water management programs such as remote metering infrastructure and other advanced technologies, rate designs, and incentives that result in real conservation. TWM helps protect water supplies in water-scarce areas experiencing population growth.


公司因其有效实施全面水管理(TWM)而受到认可。TWM是一种综合管理整个水循环的方法,包括在同一区域内拥有和运营供水、废水和再生水公用事业,以最大化再生水的有益使用。它使得智能水管理程序成为可能,例如远程计量基础设施以及其他爱文思控股技术、费率设计以及实际节约所带来的激励。TWM有助于保护在经历人口增长的水资源匮乏地区的水源供应。



Global Water has received numerous industry awards, including national recognition as a 'Utility of the Future Today' for its superior water reuse practices by a national consortium of water and conservation organizations led by the Water Environment Federation (WEF). The company also received Cityworks' Excellence in Departmental Practice Award for demonstrating leadership and creativity in applying public asset management strategies to daily operations and long-term planning.


全球水务曾获得多项行业奖项,其中包括由国家水利保护组织联盟(由水环境联合会领导)颁发的“未来公共事业”的国家认可,以表彰其出色的水资源再利用实践。该公司还获得了Cityworks卓越部门实践奖,以表彰其在日常运营和长期规划中应用公共资产管理策略的领导和创新能力。



To learn more, visit





.


要了解更多,请访问



.




Company Contact:

Michael Liebman
CFO and SVP
Tel (480) 999-5104

Email Contact



公司联系人:

Michael Liebman
首席财务官兼高级副总裁
电话(480) 999-5104

邮件联系方式




Investor Relations Contact:

Ron Both or Grant Stude
CMA
Tel (949) 432-7566

Email contact



投资者关系联系人:

Ron Both 或 Grant Stude
CMA
电话(949)432-7566

电子邮件联系人



声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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