Utilitywise PLC (UTW) Plans Dividend Increase – GBX 4.30 Per Share
Utilitywise PLC (LON:UTW) declared a dividend on Tuesday, October 18th. Shareholders of record on Thursday, November 24th will be paid a dividend of GBX 4.30 ($0.05) per share on Monday, December 19th. This represents a dividend yield of 3.3%. The ex-dividend date is Thursday, November 24th. This is an increase from Utilitywise PLC’s previous dividend of $2.20. The official announcement can be viewed at this link.
Shares of Utilitywise PLC (LON:UTW) traded up 2.15% during trading on Tuesday, hitting GBX 130.50. 1,626,556 shares of the company’s stock were exchanged. The company’s market cap is GBX 101.42 million. Utilitywise PLC has a 12-month low of GBX 112.00 and a 12-month high of GBX 207.66. The company has a 50-day moving average of GBX 129.32 and a 200-day moving average of GBX 144.03.
A number of analysts recently issued reports on UTW shares. FinnCap lowered their price target on shares of Utilitywise PLC from GBX 270 ($3.29) to GBX 222 ($2.71) and set a “corporate” rating on the stock in a report on Monday, August 8th. Shore Capital reissued a “buy” rating on shares of Utilitywise PLC in a report on Monday, August 8th.
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About Utilitywise PLC
Utilitywise Plc is a United Kingdom-based business energy and water consultancies. The Company specializes in energy procurement and energy management services for businesses. It provides an account care service and offers a range of products and services designed to assist customers manage their energy consumption.
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