Global Water Resources Inc. Known by the ticker symbol (GWRS), Global is a small-cap regulated water utility operating in the utilities business sector. This is my first report on Global Water Resources for my Viital portfolio or any of my previous six portfolios.

Global Water Resources Inc operates as a water resource management company that owns, operates, and manages water, wastewater, and recycled water utilities in strategically located communities, principally in metropolitan Phoenix, Arizona.

The company offers the Total Water Management integrated approach for water conservation.

As of December 31, 2020, it served approximately 74,048 people in approximately 27,630 homes. The company was founded in 2003 and is based in Phoenix, Arizona.

Three key data points gauge any dividend equity or fund such as Global Water Resources Inc.

Adding the $0.30 Global annual dividend to my estimated one-year price upside estimate of $3.79 shows a $4.09 potential gross gain, per share, to be reduced by any costs to trade GWRS shares.

At yesterday's $13.21 closing price per share, a little over $1000 would buy 76 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at sale and might cost us about $0.18 per share.

Subtract that maybe $0.18 brokerage cost from my estimated $4.09 gross gain estimate per share results in a net gain of $3.92 X 76 shares = $297.92 for a 29.75% net gain including a 2.23% forward looking annual dividend yield.

So it is that Global Water Resources Inc shows a possible 29.75% net gain including a 2.23% forward-looking dividend yield.

Over the next year at this time our $1000 investment in Global Water Resources Inc shares could generate $22.30 in cash dividends. Of course, a single share of GWRS stock bought at yesterday's $13.21price is almost two times less than the dividend income from our $1000.00 investment.

So, by my dogcatcher ideal, this a good time to pick up GWRS shares based on their forward looking dividends for the year 2022. The forthcoming annual dividend from $1K invested is 1.69 times greater than yesterday’s single share price. Consider yourself alerted. It's a sign.

All of the estimates above are speculation based on the past history of Global Water Resources Inc. Only time and money invested in this stock will determine its market value.