Consolidated Water Co. (CWCO) Raises Quarterly Dividend 13.3% to $0.085; 2.6% Yield

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Consolidated Water Co. Ltd. Increases Quarterly Dividend

November 27, 2017 8:30 AM EST

GEORGE TOWN, Cayman Islands, Nov. 27, 2017 /PRNewswire/ -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of seawater desalination plants, today announced that its Board of Directors has approved a quarterly cash dividend increase to $0.085 per share from $0.075 per share.   

"Over the past 11 months we have successfully renewed several long-term water supply agreements resulting in greater visibility of long-term cash flows.  Additionally, our development funding commitments for the Rosarito, Mexico project are coming to an end. These factors combined with our strong cash... More