United Utilities Group PLC (OTCMKTS:UUGRY) Raises Dividend to $0.85 Per Share

United Utilities Group PLC (OTCMKTS:UUGRY) declared a dividend on Tuesday, June 17th, investing.com reports. Stockholders of record on Monday, June 23rd will be given a dividend of 0.8506 per share by the utilities provider on Friday, August 8th. This represents a dividend yield of 3.94%. The ex-dividend date of this dividend is Friday, June 20th. This is a 94.7% increase from United Utilities Group’s previous dividend of $0.44.

United Utilities Group Stock Performance

OTCMKTS:UUGRY opened at $31.52 on Wednesday. The stock’s fifty day moving average is $30.03 and its 200 day moving average is $27.08. United Utilities Group has a fifty-two week low of $22.73 and a fifty-two week high of $32.03. The company has a debt-to-equity ratio of 5.16, a quick ratio of 1.91 and a current ratio of 1.94.

Analyst Ratings Changes

Separately, UBS Group downgraded shares of United Utilities Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 29th.

About United Utilities Group

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.