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Severn Trent Interim results for the six months to 30 September 2021 posted on Company News.

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idpickering
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Severn Trent Interim results for the six months to 30 September 2021 posted on Company News.

#460228

Postby idpickering » November 23rd, 2021, 7:28 am

Here; viewtopic.php?p=460227#p460227

The Board continues to recognise the important role that dividends play in providing income for pensioners and other investors. Taking into account the Group's prospects; its financial position; and the interests of other stakeholders including customers, our pension scheme members, colleagues and communities, the Board determined that it remains appropriate to recommend to shareholders that the interim dividend for the year ending 31 March 2022 be increased by 0.6% to 40.86 pence in line with our policy for AMP7 to increase the dividend by CPIH.

The Board has declared an interim ordinary dividend of 40.86p per share (2020/21: 40.63p per share), which will be paid on 7 January 2022 to shareholders on the register at 3 December 2021.


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Re: Severn Trent Interim results for the six months to 30 September 2021 posted on Company News.

#460266

Postby kempiejon » November 23rd, 2021, 10:22 am

AMP7 period is from 2020 - 2025, if the oft touted inflation takes off matching CPIH looks a nice committment, I thought it stingy when announced as the previous AMP6 had been for inflation plus; RPI +4% I think.


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