GEORGE TOWN, Cayman Islands,
Nov. 19, 2018 /PRNewswire/ --
Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a
leading developer and operator of seawater desalination plants,
today announced that its Board of Directors has approved a
quarterly cash dividend of $0.085 per
share.
The cash dividend is payable January 31,
2019 to shareholders of record at the close of business
January 2, 2019.
CWCO-D
About Consolidated Water Co. Ltd.
Consolidated Water Co. Ltd. develops and operates seawater
desalination plants and water distribution systems in areas of the
world where naturally occurring supplies of potable water are
scarce. The Company operates water production and/or distribution
facilities in the Cayman Islands,
Belize, the British Virgin Islands, The Commonwealth of The Bahamas, and
Bali, Indonesia. The Company also
manufactures and services a wide range of products and provides
design, engineering, management, operating and other services
applicable to commercial and municipal water production, supply and
treatment, and industrial water and wastewater treatment in
the United States.
Consolidated Water Co. Ltd. is headquartered in George Town, Grand Cayman, in the Cayman Islands. The Company's ordinary
(common) stock is traded on the NASDAQ Global Select Market under
the symbol "CWCO". Additional information on the Company is
available on its website at http://www.cwco.com.
This press release includes statements that may constitute
"forward-looking" statements, usually containing the words
"believe", "estimate", "project", "intend", "expect", "should",
"will" or similar expressions. These statements are made pursuant
to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements inherently involve
risks and uncertainties that could cause actual results to differ
materially from the forward-looking statements. Factors that would
cause or contribute to such differences include, but are not
limited to, continued acceptance of the Company's products and
services in the marketplace, changes in its relationships with the
governments of the jurisdictions in which it operates, the outcome
of its negotiations with the Cayman government regarding a new
retail license agreement, its ability to successfully secure
contracts for new water projects, including the project under
development in Baja California,
Mexico, its ability to develop and operate such projects
profitably, its ability to renew existing bulk water supply
contracts, its ability to collect its delinquent accounts
receivable in the Bahamas, and its
ability to manage growth and other risks detailed in the Company's
periodic report filings with the Securities and Exchange Commission
("SEC").
By making these forward-looking statements, the Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release.
For further information, please contact our investor
relations firm, AdvisIRy Partners:
Lynn Morgen: (212) 223-4147
lynn.morgen@advisiry.com
Eric Prouty: (212) 750-5800
eric.prouty@advisiry.com
Viktoriia Nakhla: (646) 625-4800
vicky.nakhla@advisiry.com
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SOURCE Consolidated Water Co. Ltd.