United Utilities Group PLC (OTCMKTS:UUGRY) Raises Dividend to $0.68 Per Share

United Utilities Group PLC (OTCMKTS:UUGRY – Get Rating) declared a dividend on Friday, June 17th, investing.com reports. Investors of record on Friday, June 24th will be paid a dividend of 0.6811 per share by the utilities provider on Monday, August 8th. This represents a yield of 4.09%. The ex-dividend date is Thursday, June 23rd. This is a boost from United Utilities Group’s previous dividend of $0.36.

Shares of UUGRY opened at $25.63 on Friday. The company’s 50 day moving average price is $27.72 and its 200 day moving average price is $28.41. United Utilities Group has a 52 week low of $24.38 and a 52 week high of $31.14. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 2.87.

UUGRY has been the topic of a number of research analyst reports. Morgan Stanley boosted their price objective on shares of United Utilities Group from GBX 950 ($11.53) to GBX 980 ($11.89) in a research report on Thursday, February 17th. Jefferies Financial Group downgraded shares of United Utilities Group from a “buy” rating to a “hold” rating in a research report on Tuesday, February 22nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, United Utilities Group presently has a consensus rating of “Hold” and an average price target of $980.00.

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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