Consolidated Water Co. Ltd. (NASDAQ:CWCO) had declared a cash dividend of $0.0750 on Sep 16, 2016. The shares will quote ex-dividend on Sep 29, 2016 and the record date has been fixed for Oct 3, 2016. On Sep 16, 2016 share price, the yield comes out to be 2.5338%. The dividend payable date has been fixed on Oct 31, 2016.
Consolidated Water Co. Ltd. (CWCO) made into the market gainers list on Thursdays trading session with the shares advancing 1.50% or 0.18 points. Due to strong positive momentum, the stock ended at $12.16, which is also near the day’s high of $12.25. The stock began the session at $12.07 and the volume stood at 30,366 shares. The 52-week high of the shares is $14.69 and the 52 week low is $10.23. The company has a current market capitalization of $180 M and it has 1,48,15,530 shares in outstanding.
Consolidated Water Co. Ltd.(CWCO) last announced its earnings results on Aug 9, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $15.40M. Analysts had an estimated revenue of $16.65M. Earnings per share were $0.15. Analysts had estimated an EPS of $0.16.
Several Insider Transactions has been reported to the SEC. On Sep 7, 2016, Brent Brodie (VP OF SALES AND MARKETING) sold 1,934 shares at $12.47 per share price.Also, On Sep 2, 2016, Richard Finlay (director) purchased 10,000 shares at $12.73 per share price.On May 19, 2016, John Tonner (CHIEF OPERATING OFFICER) sold 4,600 shares at $14.00 per share price, according to the Form-4 filing with the securities and exchange commission.
Consolidated Water Co. Ltd. develops and operates seawater desalination plants (that utilize reverse osmosis technology) and water distribution systems in areas where naturally occurring supplies of potable water are scarce or non-existent. The Company operates in three segments: retail water operations bulk water operations and services operations. The Company’s retail water operations supply water to end users including residential commercial and government customers. Its bulk water operations supply water to government-owned distributors. The Company’s retail and bulk operations serve customers in the Cayman Islands The Bahamas Belize the British Virgin Islands and Indonesia. Its services operations provide engineering and management services which include the design and construction of desalination plants and the management and operation of desalination plants owned by affiliated companies.