Consolidated Water Declares Second Quarter Cash Dividend

Rhea-AI Summary

Consolidated Water Co. Ltd. (CWCO) declared a quarterly cash dividend of $0.085 per share, scheduled for payment on April 28, 2023. Shareholders on record as of April 3, 2023 will qualify for the dividend. The company, based in the Cayman Islands, specializes in the development and operation of advanced water treatment and supply facilities across various locations, including the Bahamas and the United States.

Positive

• Quarterly cash dividend of $0.085 per share declared.
• Dividend payment reflects company confidence in sustaining shareholder returns.

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• None.

GEORGE TOWN, Cayman Islands, Feb. 27, 2023 (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 28, 2023 to shareholders of record at the close of business on April 3, 2023.

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
Email Contact

Investor Relations Contact:
Ron Both or Grant Stude
CMA
Tel (949) 432-7566
Email Contact

Media Contact:
Tim Randall
CMA
Tel (949) 432-7572
Email Contact

FAQ

What is the dividend amount for CWCO?

The dividend amount for CWCO is $0.085 per share.

When will the CWCO dividend be paid?

The CWCO dividend will be paid on April 28, 2023.

What is the record date for CWCO's dividend?

The record date for CWCO's dividend is April 3, 2023.

How often does CWCO pay dividends?

CWCO pays dividends quarterly.

Is the CWCO dividend sustainable?

The sustainability of the CWCO dividend depends on the company's financial performance and cash flow.