Pennon Group Plc (OTCMKTS:PEGRY – Get Free Report)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $13.26 and traded as low as $10.02. Pennon Group shares last traded at $10.16, with a volume of 22,234 shares traded.
Pennon Group Stock Performance
The company’s 50-day simple moving average is $13.26 and its 200-day simple moving average is $14.57.
Pennon Group Increases Dividend
The firm also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were given a dividend of $2.945 per share. This is an increase from Pennon Group’s previous dividend of $0.37. This represents a yield of 27.17%. The ex-dividend date was Friday, February 21st. Pennon Group’s dividend payout ratio (DPR) is presently 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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