VWTR - Dividend announcements

Vidler Water Resources, Inc. (NASDAQ:VWTR) announced its reported results for the fourth quarter ended December 31, 2021. Our reported shareholders' equity was $208.6 million ($11.39 per share) at December 31, 2021, compared to $178.3 million ($9.59 per share) at December 31, 2020. Fourth Quarter Results of Operations Our fourth quarter results of operations were as follows (in thousands):   Three Months Ended December 31,   2021   2020 Total revenue $ 23,444   $ 3,466 Total cost and expenses   7,879     2,703 Income from operations before income taxes   15,565     763 Benefit for federal and state income

Vidler Water Resources, Inc. ("Vidler") (NASDAQ:VWTR) announced today that the previously disclosed agreement between its subsidiary, Fish Springs Ranch, LLC ("FSR") and Truckee Meadows Water Authority in Reno, Nevada ("TMWA") has been formally approved by TMWA's Board. The agreement with TMWA includes the sale of up to 400 acre-feet of water credits from the Fish Springs Ranch inventory in northern Nevada for use in TMWA's service areas and an ongoing use of 3,000 acre-feet for Truckee River instream flow requirements and water quality enhancement, conjunctive use, groundwater recharge, effluent management alternatives and irrigation within the Reno and Sparks, Nevada area. The agreement i

Vidler Water Resources, Inc. ("Vidler") announced today an alternative energy company has exercised its option to purchase 53,750 Long Term Storage Credits ("LTSC") at the Company's recharge facility in the Harquahala Valley, Arizona for $400 per LTSC. The Company expects the sale to close in 2021 and to generate revenue of approximately $21.5 million. Vidler's President and Chief Executive Officer, Dorothy Timian - Palmer, commented: "We are extremely pleased to enter into a sale and purchase agreement with this highly respected alternative energy producer for a significant quantity of our LTSC in the Harquahala basin in Arizona. With the prior sale of 1,250 LTSC to this purchaser earlie

Vidler Water Resources, Inc. announced its reported results for the third quarter ended September 30, 2021. Our reported shareholders' equity was $175.1 million ($9.55 per share) at September 30, 2021, compared to $178.3 million ($9.59 per share) at December 31, 2020. Third Quarter Results of Operations Our third quarter results of operations were as follows (in thousands):   Three Months Ended September 30,   2021 2020 Total revenue $ 457   $ 2,072   Total cost and expenses   1,581     2,220   Loss from operations before income taxes   (1,124 )   (148 ) Benefit for federal and stat

Vidler Water Resources, Inc. ("Vidler") announced that it has entered into a sale and option contract with an affiliate of one of the world's largest producers of wind and solar energy for a minimum of 28,000 and a maximum of 55,000 Long Term Storage Credits ("LTSC") at the Company's recharge facility in the Harquahala Valley, Arizona. The contract provides for the following: an initial sale of 1,250 LTSC at $400 per LTSC for proceeds of $500,000; and an option to purchase a minimum amount of 26,750 additional LTSC and up to a maximum of 53,750 additional LTSC on or before December 15, 2021, at a price of $400 per LTSC for proceeds of a minimum of $10.7 million and up to a maximum of $

Vidler Water Resources, Inc. announced its reported results for the second quarter ended June 30, 2021. Our reported shareholders' equity was $176.4 million ($9.62 per share) at June 30, 2021, compared to $178.3 million ($9.59 per share) at December 31, 2020. Second Quarter Results of Operations Our second quarter results of operations were as follows (in thousands):     Three Months Ended June 30,     2021   2020 Total revenue   $ 2,386       $ 3,845   Total cost and expenses   2,742       1,981   Income (loss) from operations before income taxes   (356 )     1,864   Benefit for federal an

Vidler Water Resources, Inc. announced its reported results for the first quarter ended March 31, 2021. Our reported shareholders' equity was $177.9 million ($9.63 per share) at March 31, 2021, compared to $178.3 million ($9.59 per share) at December 31, 2020. First Quarter Results of Operations Our fourth quarter results of operations were as follows (in thousands):   Three Months Ended March 31,   2021   2020 Total revenue $ 2,933       $ 229     Total cost and expenses 2,219       2,040     Income (loss) from operations before income taxes 714       (1,811 )   Provision for

Vidler Water Resources, Inc. announced that it has entered into an agreement to lease up to 1,926 acres of its land in Maricopa and La Paz Counties in Arizona to an affiliate of one of the world's largest producers of wind and solar energy. The agreement is structured as an option for up to five years to lease up to 1,926 acres for $500 per acre per year for 26 years with two five-year options to extend the lease. The agreement also provides for a lease rate increase of 2% per annum over the term of the lease. In addition, Vidler also agreed to reserve 2,000 of its Arizona Long-Term Storage Credits for construction purposes for a price of $1,630 per LTSC, utilizing Vidler facilities to reco