United Utilities Group PLC (LON:UU) Declares Dividend of GBX 33.19

United Utilities Group PLC (LON:UU) declared a dividend on Thursday, May 16th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 20th will be given a dividend of GBX 33.19 ($0.42) per share on Thursday, August 1st. This represents a dividend yield of 2.98%. The ex-dividend date is Thursday, June 20th. This is a boost from United Utilities Group’s previous dividend of $16.59. The official announcement can be seen at this link.

United Utilities Group Stock Up 1.0 %

UU stock opened at GBX 1,108 ($13.92) on Friday. The company has a market cap of £7.56 billion, a price-to-earnings ratio of -21,940.00, a P/E/G ratio of 138.87 and a beta of 0.39. The company has a debt-to-equity ratio of 420.76, a quick ratio of 1.13 and a current ratio of 1.80. The business’s 50-day moving average is GBX 1,045.99 and its two-hundred day moving average is GBX 1,056.46. United Utilities Group has a fifty-two week low of GBX 896.76 ($11.26) and a fifty-two week high of GBX 1,139.50 ($14.31).

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on UU. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,230 ($15.45) price target on shares of United Utilities Group in a research note on Thursday, April 11th. Morgan Stanley reissued an “overweight” rating on shares of United Utilities Group in a report on Tuesday.

United Utilities Group Company Profile

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is involved in the renewable energy generation, corporate trustee, financing, and property management activities; and provision of consulting, and project management services. The company operates 43,000 kilometers of water pipes; and 79,000 kilometers of wastewater pipes.