United Utilities Group PLC (LON:UU) Declares Dividend of GBX 29

United Utilities Group PLC (LON:UUGet Rating) declared a dividend on Thursday, May 26th, Upcoming.Co.Uk reports. Investors of record on Thursday, June 23rd will be paid a dividend of GBX 29 ($0.36) per share on Monday, August 1st. This represents a dividend yield of 2.61%. The ex-dividend date is Thursday, June 23rd. This is an increase from United Utilities Group’s previous dividend of $14.50. The official announcement can be viewed at this link.

Shares of LON UU opened at GBX 1,039 ($13.07) on Friday. The company has a current ratio of 0.90, a quick ratio of 0.86 and a debt-to-equity ratio of 310.94. The firm has a fifty day simple moving average of GBX 1,120.83 and a two-hundred day simple moving average of GBX 1,088.85. United Utilities Group has a 12 month low of GBX 922 ($11.60) and a 12 month high of GBX 1,186.88 ($14.93). The firm has a market capitalization of £7.08 billion and a PE ratio of 94.45.

A number of analysts have recently commented on UU shares. Royal Bank of Canada reiterated a “sector perform” rating and issued a GBX 1,100 ($13.84) price target on shares of United Utilities Group in a research note on Tuesday, May 3rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 1,160 ($14.60) price target on shares of United Utilities Group in a research note on Friday. Finally, Morgan Stanley reiterated an “underweight” rating on shares of United Utilities Group in a research note on Wednesday, May 11th.

In related news, insider Steven L. Mogford sold 52,277 shares of the company’s stock in a transaction on Friday, April 1st. The stock was sold at an average price of GBX 1,122 ($14.12), for a total value of £586,547.94 ($738,074.67).

United Utilities Group Company Profile (Get Rating)

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is also involved in renewable energy generation, corporate trustee, financing, and property management activities; and the provision of waste treatment, consulting, and project management services. The company operates 42,000 kilometers of water pipes; 78,000 km of wastewater pipes; 567 wastewater treatment works; and 88 water treatment works.

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Dividend History for United Utilities Group (LON:UU)

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