Consolidated Water Co. Ltd. (CWCO) To Go Ex-Dividend on April 1st

Posted by Paula Ricardo on Feb 28th, 2025

Consolidated Water Co. Ltd. (NASDAQ:CWCO – Get Free Report) announced a quarterly dividend on Wednesday, February 26th, RTT News reports. Stockholders of record on Tuesday, April 1st will be paid a dividend of 0.11 per share by the utilities provider on Wednesday, April 30th. This represents a $0.44 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend is Tuesday, April 1st.

Consolidated Water has increased its dividend payment by an average of 6.4% per year over the last three years. Consolidated Water has a payout ratio of 27.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Consolidated Water to earn $1.40 per share next year, which means the company should continue to be able to cover its $0.44 annual dividend with an expected future payout ratio of 31.4%.

Consolidated Water Stock Down 0.8 %

Consolidated Water stock opened at $27.32 on Friday. Consolidated Water has a 52 week low of $23.55 and a 52 week high of $33.34. The company’s 50 day moving average price is $26.34 and its two-hundred day moving average price is $25.98. The stock has a market cap of $432.61 million, a P/E ratio of 16.86, a P/E/G ratio of 2.44 and a beta of 0.22.

Insiders Place Their Bets

In other news, CEO Frederick W. Mctaggart sold 2,000 shares of Consolidated Water stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $28.00, for a total transaction of $56,000.00. Following the sale, the chief executive officer now directly owns 271,995 shares in the company, valued at $7,615,860. The trade was a 0.73 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 5.87% of the company’s stock.

Consolidated Water Company Profile

(Get Free Report)

Consolidated Water Co Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing.