Pennon Group Plc (LON:PNN) Insider Laura Flowerdew Acquires 25 Shares

Pennon Group Plc (LON:PNN) insider Laura Flowerdew acquired 25 shares of the business’s stock in a transaction dated Thursday, December 19th. The stock was purchased at an average price of GBX 606 ($7.62) per share, with a total value of £151.50 ($190.42).

Laura Flowerdew also recently made the following trade(s):

• On Tuesday, November 19th, Laura Flowerdew purchased 26 shares of Pennon Group stock. The stock was acquired at an average cost of GBX 570 ($7.16) per share, with a total value of £148.20 ($186.27).
• On Monday, October 21st, Laura Flowerdew acquired 26 shares of Pennon Group stock. The shares were acquired at an average price of GBX 577 ($7.25) per share, with a total value of £150.02 ($188.56).

Pennon Group Stock Down 1.1 %

LON PNN opened at GBX 581 ($7.30) on Monday. The company has a market capitalization of £1.66 billion, a P/E ratio of -14,525.00, a PEG ratio of 8.20 and a beta of 0.29. Pennon Group Plc has a 12 month low of GBX 518 ($6.51) and a 12 month high of GBX 775 ($9.74). The company has a debt-to-equity ratio of 343.14, a current ratio of 0.97 and a quick ratio of 1.54. The company’s 50 day simple moving average is GBX 579.01 and its 200 day simple moving average is GBX 595.85.

Pennon Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, April 4th. Shareholders of record on Thursday, January 30th will be issued a GBX 14.69 ($0.18) dividend. The ex-dividend date of this dividend is Thursday, January 30th. This represents a dividend yield of 2.53%. Pennon Group’s dividend payout ratio is currently -152,500.00%.

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.