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United Utilities and Pennon to hike dividends in line with inflation as customer bills rise
29 Jan 2025 07:45 GMT
… firms on Wednesday said dividends would rise in line … United Utilities and Pennon Group plan to increase dividends as consumers grapple … across the North West.
Pennon Group pledged a record £3 … to see.”
Susan Davy, Pennon Group chief executive officer, said: …
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Pennon announces £490m rights issue to support investment
29 Jan 2025 13:40 GMT
… was adjusting its dividend policy, with the total dividend for the year … intended to grow the rebased dividend in absolute terms by CPIH … .
At 0938 GMT, shares in Pennon Group were up 3.01% at …
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South West Water owner Pennon goes cap in hand to investors to help fund £3.2bn of infrastructure investment
29 Jan 2025 10:27 GMT
… on customer properties.
Funding: Pennon Group has unveiled plans for … announced on Wednesday that dividends would increase in … 129.3million in total dividends to investors in the … for paying shareholders significant dividends despite their environmental record …
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Lloyds Banking Group to close another 136 branches – as it happened
29 Jan 2025 08:28 GMT
… ;Getty ImagesSouth West Water owner Pennon Group has fallen to its lowest … also said they will increase dividend payments to investors in line …
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Listed UK water utility dividends exceed private peers’ payouts for first time since Thatcher
09 Jan 2025 06:40 GMT
… , Severn Trent Water and Pennon Group, which are all publicly … from consumers.
However, dividend payments by both public … record of shareholders reaping dividends could attract more investment … concerns from customers about dividends. As we continue to …
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Week ahead: US Fed, ECB, Tech earnings in focus
28 Jan 2025 16:30 GMT
… Co.
Tuesday 28 January
INTERIM DIVIDEND PAYMENT DATE
NewRiver REIT
INTERNATIONAL … INTERIM EX-DIVIDEND DATE
IG Group Holdings, Pennon Group
QUARTERLY EX-DIVIDEND DATE
JPMorgan … INTERIMS
Newmark Security PLC
INTERIM DIVIDEND PAYMENT DATE
Ecora Resources, …
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Pennon Group swings to half-year loss
27 Nov 2024 12:04 GMT
The FTSE 250 water utility said its statutory loss reflected £16m in costs associated with restoring water supplies to Brixham and £4m in restructuring expenses as it reshaped its operations for greater efficiency.
Underlying EBITDA fell slightly to £163. …
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2 common mistakes investors make with dividend shares
24 Dec 2024 09:13 GMT
… .
Mistake 2: overemphasising dividend coverage
The dividend coverage ratio measures how … is: (net income – preferred dividends) ÷ dividends paid.
Investors often use this …
By contrast, shareholder distributions from Pennon Group have accounted for less than …
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South West Water customers given £450m in subsidies while firm dished out £1.5bn in dividends
25 Nov 2024 16:58 GMT
… three times that amount in dividends to shareholders over the same … , Pennon Group was found to have paid out £1.5bn through dividends to … pollution with multi-million pound dividends?”
The payments date back to …
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Down 60%! Does the 7.7% dividend yield make this stock worth considering?
22 Oct 2024 14:33 GMT
… Images
When searching for lucrative dividend stocks, I often compare … how the company manages its dividends.
If the company maintains … a steady increase in dividend payments in line with price … .
A lesser-known utility group
Pennon Group‘s (LSE: PNN) a …