Re: DRIP If you mean re-investing the dividends, I would wholly recommend it. I've been a holder since 2003 and I've reinvested all the dividends, as well as topping up my holding on some of the dips in 2010 & 11. To date I've tripled my original investment and get a 10% yield on it every year. The only thing I wish is that I'd put these in an ISA wrapper as the dividends are now causing a tax issue (Oh to have these problems!).If you can forget about your holding for a few years then I'm sure you'll be rewarded for your patience.
DRIP What do people think about taking the DRIP-instead of cash?
Playing safe Been in these since privatisation, and adding a few times since (and stupidly selling a few at £7). So after a lot of dithering, put most of my SABMiller takeover dosh into these at £8.90 and NG; solid, safe (I hope), decent yield, possible upside, slightly reduces my perhaps excessive reliance on stocks which pay divis in $s or s - or, at least, earn most of their cash in furrin parts.. UU now at 3.5% of my wad.My water comes from a spring on the side of my hill, so I don't usually contribute to their profits, but I recently built some houses across the valley ("build to let" and was impressed with the efficiency with which UU installed the mains, arranged temporary traffic lights etc.
NEW ARTICLE: Six ways to profit from investing in the next super-trend "⢠Water demand rising; the sector needs more capital⢠$1 invested in clean water and sanitation returns $19⢠Ways into water include Pictet Water and iShares Global WaterIf you've seen The Big Short, or read the Michael Lewis book on which the ..."[link]
Re: Results With predicted inflation next year the dividend should rise significantly. =========turkey,So you are expecting the share price to drop significantly ??
Re: Results Rabbit: "with decent if steady growth""revenue of £853m, from £857m"Not sure that can be classed as growth.
Re: Results With predicted inflation next year the dividend should rise significantly. A good buy and a good set of results.
Re: Results Doug, I quite like what I read this morning. I love this company. Catch free water, store it and sell it and make a profit. How hard can that be?A good income stock with decent if steady growth and an RPI linked divi.Regards,
Results That's what I like to see - no mention of reviews, challenges, headwinds, mixed outlooks. A straightforward, steady as she goes, positive statement:Wed, 23rd November 2016 - 07:25United Utilities has booked an H1 pretax profit of £158.4m, down from £215.6m a year earlier.The result was achieved on revenue of £853m, from £857m.Interim dividend was 12.95p a share, up 1.1%.The company said it was on track to meet its 2015-2020 totex and outcome delivery incentives targets."This has been a strong first half performance in which we made significant progress towards meeting our customer, environmental and financial targets," said CEO Steve Mogford."Customer service has again improved, resulting in our best score under Ofwat's revised service incentive mechanism. We're continuing to enhance our customer service offering and recently launched Priority Services, to provide dedicated support for those who are experiencing short or long-term personal or financial challenges."The acceleration of our capital investment programme continues to deliver early customer service and operational benefits. We have invested £383m in the first half of this year and remain on track to invest around £800m for the full year."Our Systems Thinking approach to running the business continues to drive innovation into our operations and we are rolling out further capability this year, including new process technology."Our environmental performance has remained consistently high and we were delighted to attain industry leading company status from the Environment Agency."Overall, we are encouraged by our progress in the early part of this regulatory period. We have a robust financial position and are confident that we can deliver our targets for both customers and shareholders."
Re: Last 2 days LK, "Theresa putting the boot in to utilities " I guessed it was something like that, but haven't seen the relevant bit. Political coverage seems to be focussing more on UKIP fisticuffs, the rock & the hard place in the US, and continued Brexit speculation. This country is on the edge of a real mess. The Government running a huge deficit, needing to borrow more and more; but who in their right minds will buy UK Gov. Bonds at 0% interest with the currency tumbling against all comers? Hardcore must be loving this.
Re: Last 2 days Apologies, just seen stocklobster's post. (Top name, by the way!)
Re: Last 2 days UU had a broker downgrade today as well.
Re: Last 2 days Hardboy,The drop is thanks to Theresa putting the boot in to utilities at the Tory conference. SSE and National Grid have also been affected ... and Centrica I believe, though I don't hold it so don't follow it.Beware what you wish for, Theresa! Hit the utilities too hard and the risk that the lights go out will rise. Is that what you want? 'Cos that's what you'll get ....LKH on the flybridge a plague on all useless politicos
Re: Last 2 days Yet their price target is higher than when the slide began! Who in their right mind takes note of brokers anyway?After 2 months of trading in a channel, the drop does look quite spectacular.
Re: Last 2 days doesn't look like anything sinister. someone in Canada decided there's more value in European utilities:[link]