Duxton Water Ltd. (AU:D2O) has released an update.
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Duxton Water Limited is continuing its streak by announcing a 15th consecutive dividend payment of 3.7 cents per share, with a record date of October 11, 2024, and an option for shareholders to reinvest their dividends at a discount. The company has seen a positive change in the water entitlement market with values rising by approximately 3% since the start of the 2024-2025 water year, and allocation prices increasing by up to 40% in certain regions due to limited rainfall and higher temperatures. These market conditions have reinforced Duxton Water’s commitment to assisting Australian farmers with flexible, long-term water supply solutions.
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