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Water, Water Everywhere at United Utilities and the Profits Are Floating Up

By Malcolm Stacey | Friday 22 November 2019

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Hello Share Peekers. The only big utility I hold now is United Utilities (UU.) in the North West. And it seems to be doing rather well in relation to its peers. The half-year numbers for Britain’s biggest water company are in and show that operating profits rose 6.5%. Consequently, the interim dividend is going up by 3.2%. The prospective yield is attractive at 4.7%...

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