Pennon Group Plc (OTCMKTS:PEGRY – Get Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $14.54 and traded as low as $12.66. Pennon Group shares last traded at $12.66, with a volume of 29,084 shares trading hands.
Pennon Group Stock Performance
The firm has a 50 day moving average price of $14.54 and a 200-day moving average price of $15.26.
Pennon Group Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Monday, April 21st. Investors of record on Friday, January 31st will be issued a dividend of $0.3658 per share. The ex-dividend date is Friday, January 31st. Pennon Group’s payout ratio is presently 29.39%.
About Pennon Group
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.
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