Dod101 wrote:I wonder for how long Pennon will get away with paying a dividend of 42.73p per share (up 10.9%) against EPS of Nil against the backdrop of the water companies in general?
Dod
In addition, Pennon debt to equity is ~184%
I note that the CEO & CFO sold off £282k & £74k of shares respectively on 3rd July 2023. CEO now holds £592k of shares and the CFO £66k. The CFO sold off more than half his holding. Not exactly indicating a confidence in the business!
(And as for United Utilities...their debt to equity at 339% ( ) is even worse).