Duxton Water Ltd. (AU:D2O) has released an update.
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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.
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