Shares of Pennon Group Plc (OTCMKTS:PEGRY – Get Free Report) traded up 0.3% during mid-day trading on Thursday . The stock traded as high as $11.62 and last traded at $11.54. 114,135 shares changed hands during trading, a decline of 6% from the average session volume of 121,749 shares. The stock had previously closed at $11.50.
Pennon Group Price Performance
The stock has a 50-day simple moving average of $12.30 and a 200-day simple moving average of $14.02.
Pennon Group Increases Dividend
The business also recently declared a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were issued a $2.945 dividend. The ex-dividend date of this dividend was Friday, February 21st. This is a boost from Pennon Group’s previous dividend of $0.37. This represents a yield of 27.17%. Pennon Group’s dividend payout ratio is currently 29.39%.
About Pennon Group
Pennon Group Plc provides clean water and wastewater services in the United Kingdom. It provides water and wastewater services for customers in Cornwall, Devon, and parts of Dorset and Somerset; water-only services in the areas of Dorset, Hampshire, and Wiltshire; and water and wastewater retail services to non-household customers in Great Britain.
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