Insider Buying: Pennon Group Plc (LON:PNN) Insider Purchases £151.50 in Stock

Pennon Group Plc (LON:PNN) insider Laura Flowerdew purchased 25 shares of Pennon Group stock in a transaction dated Thursday, December 19th. The stock was bought at an average price of GBX 606 ($7.62) per share, with a total value of £151.50 ($190.40).

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

• On Tuesday, November 19th, Laura Flowerdew bought 26 shares of Pennon Group stock. The shares were acquired at an average price of GBX 570 ($7.16) per share, with a total value of £148.20 ($186.25).
• On Monday, October 21st, Laura Flowerdew purchased 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 ($188.54).

Pennon Group Stock Down 1.1 %

Shares of LON:PNN opened at GBX 581 ($7.30) on Friday. The firm has a market capitalization of £1.66 billion, a PE ratio of -14,525.00, a price-to-earnings-growth ratio of 8.20 and a beta of 0.29. The company has a debt-to-equity ratio of 343.14, a quick ratio of 1.54 and a current ratio of 0.97. Pennon Group Plc has a 52-week low of GBX 518 ($6.51) and a 52-week high of GBX 775 ($9.74). The firm has a fifty day moving average of GBX 579.01 and a 200 day moving average of GBX 595.96.

Pennon Group Cuts Dividend

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