Severn Trent PLC (OTCMKTS:STRNY – Get Free Report) shares traded up 0.8% during trading on Friday . The stock traded as high as $37.64 and last traded at $37.44. 29,767 shares traded hands during trading, a decline of 9% from the average session volume of 32,773 shares. The stock had previously closed at $37.13.
Severn Trent Stock Performance
The firm’s 50-day simple moving average is $36.83 and its 200 day simple moving average is $33.68.
Severn Trent Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, July 25th. Shareholders of record on Tuesday, June 3rd will be given a dividend of $0.931 per share. This is an increase from Severn Trent’s previous dividend of $0.62. This represents a yield of 3.95%. The ex-dividend date of this dividend is Monday, June 2nd. Severn Trent’s payout ratio is currently 227.01%.
About Severn Trent
Severn Trent PLC operates as a water and sewerage company in England and Wales. It operates through two segments: Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment offers water and waste water services to approximately 4.8 million households and businesses.
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