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Consolidated Water Pokes Ahead on Dividend
This third quarter dividend represents an increase of 27.3% from the second quarter 2025 dividend of $0.11 per share.
The cash dividend is payable on July 31, to shareholders of record at the close of business on July 1.
"Our continued positive and consistent financial performance in our retail, bulk and manufacturing segments has resulted in increased cash flows and liquidity for our company," stated CEO Rick McTaggart.
"These results, along with the cash from our settlement of the Mexico arbitration last year and our positive outlook for our services segment, has led to the decision by our board of directors to increase our quarterly dividend for our stockholders."
The company recently reported revenue of $33.7 million and earnings per share of $0.30 in the first quarter of 2025.
Consolidated Water develops and operates advanced water supply and treatment plants and water distribution systems. The company designs, constructs and operates seawater desalination facilities in the Cayman Islands, The Bahamas and the British Virgin Islands, and designs, constructs and operates water treatment and reuse facilities in the United States.
CWCO shares gained 22 cents to $27.25.
COMTEX_466025846/2559/2025-06-02T10:42:51