Duxton Water Ltd. (AU:D2O) has released an update.
Duxton Water Limited (ASX:D2O) is experiencing increased demand for water entitlements due to drier conditions, prompting early market activity and pushing up spot prices. The company has secured a new groundwater lease providing revenue until 2034 and recently paid a fully franked dividend of 3.7 cents per share. This marks its 15th consecutive dividend payout, reflecting its strategy of utilizing water entitlements to offer flexible supply solutions to Australian farmers.
For further insights into AU:D2O stock, check out TipRanks’ Stock Analysis page.
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