Global Water Resources (GWRS) Raises Monthly Dividend 2.3% to $0.023625; 3% Yield

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Global Water Resources Reports Third Quarter 2017 Results and Increases Monthly Dividend

November 9, 2017 6:00 AM EST

PHOENIX, Nov. 09, 2017 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, reported results for the third quarter ended September 30, 2017. All quarterly comparisons are to the same year-ago period unless otherwise noted.

Third Quarter and Year to Date 2017 Highlights and Subsequent Event

Total revenue for the quarter increased 3.6% to $8.5 million from $8.2 million. Growth was driven by an increase in active connections and approved rate increases, slightly offset by a decrease in water consumption partly... More