Consolidated Water Co. Ltd. (NASDAQ:CWCO) declared a quarterly dividend on Wednesday, May 30th, RTT News reports. Shareholders of record on Monday, July 2nd will be given a dividend of 0.085 per share by the utilities provider on Tuesday, July 31st. This represents a $0.34 annualized dividend and a yield of 2.63%. The ex-dividend date of this dividend is Friday, June 29th.

NASDAQ CWCO opened at $12.95 on Friday. The stock has a market capitalization of $190.73 million, a price-to-earnings ratio of 22.37, a PEG ratio of 2.45 and a beta of 0.58. Consolidated Water has a 1-year low of $11.20 and a 1-year high of $15.35.

Consolidated Water (NASDAQ:CWCO) last released its earnings results on Friday, May 11th. The utilities provider reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.04). The firm had revenue of $15.34 million during the quarter, compared to analyst estimates of $17.30 million. Consolidated Water had a net margin of 9.05% and a return on equity of 5.46%. equities research analysts anticipate that Consolidated Water will post 0.65 earnings per share for the current year.

Several research firms have weighed in on CWCO. Roth Capital set a $17.00 target price on Consolidated Water and gave the company a “buy” rating in a research report on Friday, March 23rd. ValuEngine downgraded Consolidated Water from a “buy” rating to a “hold” rating in a research report on Monday, May 7th. Finally, Zacks Investment Research raised Consolidated Water from a “sell” rating to a “hold” rating in a research report on Wednesday, May 23rd.

Consolidated Water Company Profile

Consolidated Water Co Ltd., together with its subsidiaries, develops and operates seawater desalination plants and water distribution systems in the Cayman Islands, The Bahamas, Belize, the British Virgin Islands, Mexico, the United States, and Indonesia. The company operates through four segments: Retail, Bulk, Services, and Manufacturing.

Dividend History for Consolidated Water (NASDAQ:CWCO)

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