Pennon Group Plc (OTCMKTS:PEGRY) to Issue Dividend Increase – $2.94 Per Share

Pennon Group Plc (OTCMKTS:PEGRY) declared a dividend on Saturday, February 15th,investing.com reports. Investors of record on Monday, February 24th will be paid a dividend of 2.945 per share on Friday, February 28th. This represents a yield of 27.17%. The ex-dividend date is Friday, February 21st. This is a positive change from Pennon Group’s previous dividend of $0.37.

Pennon Group Stock Performance

Shares of OTCMKTS PEGRY opened at $14.75 on Friday. The firm has a 50 day moving average price of $14.14 and a 200 day moving average price of $14.92. Pennon Group has a 52-week low of $11.97 and a 52-week high of $18.45.

Pennon Group Company Profile

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.