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2 interesting companies that pay a dividend every month

Mart Poom
16. 6. 2023
4 min read

Dividend companies with monthly payouts are popular among investors. From a reinvestment perspective, this brings a slight advantage. From a psychological perspective, it's a huge advantage. Today, we're taking a look at two of them!

A more frequent payout can add a lot to your peace of mind from passive income.

Global Water Resources, Inc. $GWRS-0.7%

Global Water Resources is an American company based in Arizona that specializes in the operation and management of water and wastewater systems. The company provides water services to commercial and residential customers in the Central Arizona area.

GWRS
$12.76 -$0.09 -0.70%
1 Day
+0.01%
5 Days
-1.03%
1 Month
+0.97%
6 Months
+8.57%
YTD
-3.09%
1 Year
-6.77%
5 Years
+31.17%
Max.
+100.64%

Global Water Resources operates more than 14,000 water meters and manages more than 2,500 miles of water and sewer mains. The company focuses on sustainability and the use of renewable water sources such as precipitation and recycled water. Global Water Resources also promotes public education and awareness about water conservation and water resource protection.

Global Water Resources is publicly traded on the NASDAQ.. Founded in 2003, Global Water Resources has years of experience in water and wastewater management and is considered one of America's largest water and wastewater companies.

As a company focused on the operation and management of water and wastewater systems, Global Water Resources is sensitive to changes in water resources and to changes in the regulatory and political environment.

In the third quarter of 2022, Global Water Resources, Inc. experienced a significant improvement in results from the prior year. Revenues increased 6.4%, an increase of $2 million. At the same time, however, operating expenses increased by 4.3%, or $1.1 million.

The primary reason for the increase in revenues was the benefit of 1,191 new water connections acquired through the Company's acquisitions of Las Quintas Serenas Water Company of Tucson, Rincon Water Company and Twin Hawks Utility. In addition, GWRS was granted approval for a phased rate increase for 96% of the Company's active service connections, which is expected to further increase revenues by $2.2 million on an annual basis over the next two years.

GWRS pays its dividend monthly

Shaw Communications Inc. $SJR+0.9%

A Canadian company that provides telecommunications and media services, including cable television, Internet and cellular phones.

Shaw Communications is a Canadian telecommunications company that specializes in providing broadband Internet services, mobile phones, television services and other telecommunications services. The company was founded in 1966 and is headquartered in Calgary, Canada.

SJR
$30.18 $0.27 +0.90%
Capital Structure
Market Cap
14.9B
Enterpr. Val.
25.7B
Valuation
P/E
27.7
P/S
3.7
Dividends
Yield
0.2%
Payout
80.4%

Shaw Communications Inc. provides services across Canada and is one of the largest telecommunications companies in the country. The company offers high-speed Internet connections with speeds of up to 1 Gbps, mobile telephony and television services with more than 300 channels including high definition (HD) and ultra high definition (UHD) programming. Shaw Communications Inc. also offers services for business customers, including cloud solutions, data centers and shared services.

In 2016, Shaw Communications Inc. acquired WIND Mobile, enabling it to enter the mobile phone market in Canada. The company now offers mobile phones and data plans with various options for individuals and businesses.

In recent years, Shaw Communications Inc. has focused on expanding its services and innovating with technologies such as augmented reality (AR), virtual reality (VR), and artificial intelligence (AI). The company has also been investing in upgrading its infrastructure and expanding its footprint.

Shaw Communications Inc. trades on the Toronto Stock Exchange under the symbol SJR and on the New York Stock Exchange under the symbol SJR. The company has a strong financial position and a stable dividend policy, making it attractive to investors looking for stable, long-term investments in the telecommunications sector.

Disclaimer: This is in no way an investment recommendation. This is purely my summary and analysis based on data from the internet and other sources. Investing in the financial markets is risky and everyone should invest based on their own decisions. I am just an amateur sharing my opinions.

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