United Utilities Group PLC (OTCMKTS:UUGRY) to Issue Dividend of $0.85

United Utilities Group PLC (OTCMKTS:UUGRY - Get Free Report) 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 is Friday, June 20th. This is a 94.7% increase from United Utilities Group's previous dividend of $0.44.

United Utilities Group Stock Down 4.0%

OTCMKTS UUGRY traded down $1.26 on Friday, reaching $30.28. The company had a trading volume of 66,826 shares, compared to its average volume of 95,849. The company has a current ratio of 1.94, a quick ratio of 1.91 and a debt-to-equity ratio of 5.16. United Utilities Group has a 52 week low of $22.73 and a 52 week high of $32.03. The stock's 50 day moving average is $30.21 and its 200-day moving average is $27.14.

Analysts Set New Price Targets

Separately, UBS Group cut 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.