GlobeNewswire Inc | Nov 30, 2021 08:31AM EST

November 30, 2021

PHOENIX, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has declared under its dividend policy a monthly cash dividend increase of 1% to $0.29496 on an annualized basis. This equates to a monthly dividend of $0.02458.

The first dividend at the new monthly rate will be paid on December 30, 2021, to holders of record at the close of business on December 16, 2021.

About Global Water ResourcesGlobal Water Resources, Inc. is a leading water resource management company that owns and operates 17 utilities which provide water, wastewater, and recycled water services. The companys service areas are located primarily in growth corridors around metropolitan Phoenix. Global Water recycles nearly 1 billion gallons of water annually.

The company has been recognized for its highly effective implementation of Total Water Management (TWM). TWM is an integrated approach to managing the entire water cycle by owning and operating water, wastewater and recycled water utilities within the same geographic area in order to maximize the beneficial use of recycled water. TWM includes additional smart water management programs such as remote metering infrastructure and other advanced technologies, rate designs, and incentives that result in real conservation. TWM helps protect water supplies in water-scarce areas experiencing population growth. To learn more, visit www.gwresources.com.

Company Contact:Michael Liebman CFO and SVPTel (480) 999-5104 mike.liebman@gwresources.com

Investor Relations Contact:Ron Both or Justin LumleyCMA Investor RelationsTel (949) 432-7566Email contact