Consolidated Water Co. Ltd. (NASDAQ:CWCO) will begin trading ex-dividend on September 30, 2020. The quarterly dividend payment of $ 0.085 per share is scheduled to be paid on October 30, 2020. The dividend yield based on the latest trading day closing price was 3.17 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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Consolidated Water Co. Ltd. recently reported second quarter financial results on August 14, 2020, after market close, developer of seawater desalination plants posted income for the second quarter of $ 0.08 per share, from the revenue of $ 19.09 million. The consensus estimates are income of $ 0.11 per share from $ 17.95 million in revenue. The bottom line results missed street analysts by $ 0.03 or 27.27 percent, at the same time, top line results outshined analysts by $ 1.14 million or 6.35 percent.
Stock Performance
Shares of Consolidated Water Co. Ltd. traded low $ -0.04 or -0.37 percent on Monday, reaching $ 10.74 with volume of 83.50 thousand shares. Consolidated Water Co. Ltd. has traded high as $ 10.98 and has cracked $ 10.67 on the downward trend
According to the previous trading day, closing price of $ 10.74, representing a 2.67 % increase from the 52 week low of $ 10.50 and a 42.75 % decrease over the 52 week high of $ 18.83.
The company has a market capital of $ 162.41 million and is part of the Utilities sector and Utilities – Regulated Water industry.
Consolidated Water Co. Ltd., together with its subsidiaries, develops and operates seawater desalination plants and water distribution systems primarily in the Cayman Islands, the Bahamas, Indonesia, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing.
