Consolidated Water Declares Second Quarter Cash Dividend

Rhea-AI Summary

Consolidated Water Co. Ltd. (CWCO) has declared a quarterly cash dividend of $0.085 per share, payable on April 30, 2021, to shareholders of record as of April 1, 2021. This decision reflects the company's ongoing commitment to return value to its shareholders while maintaining its position as a leading developer and operator of advanced water supply and treatment plants in the Caribbean and the United States. Consolidated Water continues to operate its facilities in the Cayman Islands, The Bahamas, and the British Virgin Islands, as well as providing a range of services in the water treatment sector.

Positive

• Quarterly dividend of $0.085 per share reflects company profitability.
• Dividend distribution shows commitment to shareholder value.

Negative

• None.

GEORGE TOWN, Cayman Islands, March 02, 2021 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment plants, today announced that its board of directors has approved a quarterly cash dividend of $0.085 per share.

The cash dividend is payable April 30, 2021 to shareholders of record at the close of business on April 1, 2021.

About Consolidated Water Co. Ltd.
Consolidated Water Co. Ltd. develops and operates advanced water supply and treatment plants and water distribution systems. The company operates water production facilities in the Cayman Islands, The Bahamas and the British Virgin Islands and operates water treatment facilities in the United States. The company also manufactures and services a wide range of products and provides design, engineering, management, operating and other services applicable to commercial and municipal water production, supply and treatment, and industrial water and wastewater treatment. For more information, visit www.cwco.com.

Company Contact:
David W. Sasnett
Executive Vice President and CFO
Tel (954) 509-8200
dsasnett@cwco.com

Investor Relations Contact
Ron Both, CMA
Tel (949) 432-7566
CWCO@cma.team

FAQ

What is the dividend amount for CWCO in 2021?

The dividend amount for CWCO in 2021 is $0.085 per share.

When is the CWCO dividend payable?

The CWCO dividend is payable on April 30, 2021.

What is the record date for CWCO's dividend?

The record date for CWCO's dividend is April 1, 2021.

How often does CWCO pay dividends?

CWCO pays dividends quarterly.

Is the CWCO dividend sustainable?

The sustainability of the CWCO dividend can depend on the company's ongoing profitability and cash flow management.