Global Water Resources, Inc. announces a monthly cash dividend of $0.02533 per share, payable August 29, 2025.
Quiver AI Summary
Global Water Resources, Inc. (NASDAQ: GWRS) has announced a monthly cash dividend of $0.02533 per common share, amounting to an annual rate of $0.30396 per share, payable on August 29, 2025, to shareholders of record as of August 15, 2025. The company, a leader in water resource management operating 39 systems in growth areas of metropolitan Phoenix and Tucson, emphasizes its significant contribution to water recycling—over 1 billion gallons annually. Global Water is known for its Total Water Management approach, which integrates water, wastewater, and recycled water services to enhance conservation and management, specifically in water-scarce regions facing population growth. The company has earned multiple accolades, including recognition as a 'Utility of the Future Today' for its water reuse efforts and has been awarded for its innovative asset management practices. More information is available at www.gwresources.com.
Potential Positives
- The declaration of a monthly cash dividend of $0.02533 per share reflects financial stability and commitment to returning value to shareholders.
- Global Water Resources has received recognition as a ‘Utility of the Future Today,’ highlighting the company’s innovation and leadership in water reuse practices.
- The company’s effective implementation of Total Water Management contributes to sustainable water resource management, particularly in water-scarce areas experiencing population growth.
Potential Negatives
- Announcing a relatively low monthly cash dividend of $0.02533 per share may indicate limited financial flexibility or conservative growth outlook.
- The press release does not provide any context on the company's recent financial performance, which may raise concerns among investors about transparency.
- There is no mention of future growth plans or initiatives, potentially leaving stakeholders uncertain about the company’s direction and strategy.
FAQ
What is the recent dividend declaration by Global Water Resources?
Global Water Resources declared a monthly cash dividend of $0.02533 per common share, payable on August 29, 2025.
When is the dividend payable date for Global Water Resources?
The dividend will be payable on August 29, 2025, to shareholders of record by August 15, 2025.
What services does Global Water Resources provide?
Global Water Resources operates 39 systems offering water, wastewater, and recycled water services primarily around Phoenix and Tucson.
What is Total Water Management (TWM)?
Total Water Management (TWM) is an integrated approach to managing the entire water cycle, promoting smart conservation and recycled water use.
What awards has Global Water Resources received?
Global Water has received multiple awards, including recognition as a ‘Utility of the Future Today’ for its water reuse practices.
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.
$GWRS Insider Trading Activity
$GWRS insiders have traded $GWRS stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $GWRS stock by insiders over the last 6 months:
- JONATHAN L LEVINE purchased 1,187,200 shares for an estimated $11,872,000
- ANDREW M. COHN purchased 252,000 shares for an estimated $2,520,000
- STEVEN D. BRILL (VP of IT Operations) purchased 7 shares for an estimated $88
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$GWRS Hedge Fund Activity
We have seen 38 institutional investors add shares of $GWRS stock to their portfolio, and 35 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HEARTLAND ADVISORS INC added 450,000 shares (+inf%) to their portfolio in Q1 2025, for an estimated $4,639,500
- HANDELSBANKEN FONDER AB added 155,000 shares (+11.3%) to their portfolio in Q1 2025, for an estimated $1,598,050
- KENNEDY CAPITAL MANAGEMENT LLC removed 94,853 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $977,934
- REDMOND ASSET MANAGEMENT, LLC added 90,000 shares (+202.3%) to their portfolio in Q1 2025, for an estimated $927,900
- HUDSON BAY CAPITAL MANAGEMENT LP added 87,770 shares (+inf%) to their portfolio in Q1 2025, for an estimated $904,908
- ROYCE & ASSOCIATES LP removed 75,956 shares (-71.7%) from their portfolio in Q1 2025, for an estimated $783,106
- PENTWATER CAPITAL MANAGEMENT LP added 35,000 shares (+inf%) to their portfolio in Q1 2025, for an estimated $360,850
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
PHOENIX, July 31, 2025 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, has declared under its dividend policy a monthly cash dividend in the amount of $0.02533 per common share (an annual dividend rate of $0.30396 per share).
The dividend will be payable on August 29, 2025, to holders of record at the close of business on August 15, 2025.
About Global Water Resources
Global Water Resources, Inc. is a leading water resource management company that owns and operates 39 systems which provide water, wastewater, and recycled water service. The company’s service areas are located primarily in growth corridors around metropolitan Phoenix and Tucson. Global Water recycles over 1 billion gallons of water annually with 18.1 billion gallons recycled since 2004.
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.
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.
To learn more, visit www.gwresources.com .
Company Contact:
Michael Liebman
CFO and SVP
Tel (480) 999-5104
Email Contact
Investor Relations Contact:
Ron Both or Grant Stude
Encore Investor Relations
Tel (949) 432-7450
Email Contact
