Glacier Water Services has confirmed details of its latest dividend.

The US bottled water machine provider said yesterday (13 September) that it will pay US$0.50 per share to its shareholders of record on 16 October. The payment will be made on 30 October.

"The board has not adopted a formal policy with respect to the amount or frequency of future dividends, but intends to continue to evaluate on a quarterly basis the appropriateness of paying a dividend for each such period," the company noted.

Late last month, Glacier confirmed that CFO David Walters has retired. Walters was replaced by Steve Stringer.