Pennon Group (OTCMKTS:PEGRY) Shares Up 0.3% – Should You Buy?

Pennon Group Plc (OTCMKTS:PEGRYGet Free Report)’s share price was up 0.3% during trading on Thursday . The stock traded as high as $11.62 and last traded at $11.54. Approximately 114,135 shares were traded during trading, a decline of 6% from the average daily volume of 121,749 shares. The stock had previously closed at $11.50.

Pennon Group Stock Performance

The business’s 50-day simple moving average is $12.28 and its 200 day simple moving average is $13.98.

Pennon Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were given a dividend of $2.945 per share. This is a boost from Pennon Group’s previous dividend of $0.37. This represents a dividend yield of 27.17%. The ex-dividend date of this dividend was Friday, February 21st. Pennon Group’s dividend payout ratio is currently 29.39%.

About Pennon Group

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Pennon Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pennon Group and related companies with MarketBeat.com's FREE daily email newsletter.