United Utilities (#UU.) – “equity issue to raise gross proceeds of c.£800m”
- 2026-04-30 06:58:52
Hello Share Tasters. One of my more boring shares is United Utilities (UU.). But we all need a few run-of-the-mill investments for safety’s sake. And this water supplier is in that category. We will always need water and sewerage. In fact, water is the last thing we could stop spending money on. So water suppliers provide the ultimate defensive share. United Utilities shares have recently been moving forward but there’s still some way to go, I fancy...
Hello Share Painters. We all need a few more reliable shares in our bag. And one of the more likely to rake in a steady income for my portfolio is United Utilities (UU.), which supplies water to the North West. Nobody’s going to stop using water, are they? And water companies have a monopoly in their areas. But even water companies have been hit by the virus...
Hello Share Mashers. One of the sectors which shouldn’t be too affected by the coronavirus is the utilities, those companies that supply the essential needs of electricity, gas and water. To choose a utility should leave your dividend fairly safe, while the share price should not be overly vulnerable to virus-related disasters. One of my favourite companies is United Utilities (UU.)...
Hello Share Peekers. The only big utility I hold now is United Utilities (UU.) in the North West. And it seems to be doing rather well in relation to its peers. The half-year numbers for Britain’s biggest water company are in and show that operating profits rose 6.5%. Consequently, the interim dividend is going up by 3.2%. The prospective yield is attractive at 4.7%...
Hello, Share Scribblers. While not generally a fan of utilities, I do keep a long-time holding of United Utilities (UU.), which manages water and sewage in the North West of England. A recent trading statement shows the company is holding up well...
Hello, Share Poolers. We all have shares which are so steady, but lacking in big leaps forward, that we tend to leave them to it. We rarely bother to check on progress, because we know we won’t get a cheap thrill. Such a company in my bag is United Utilities (UU.). The name has become a bit out of date because where it once combined water with electricity services and telecommunications, it now concentrates on the water.
Hello Share Troopers. United Utilities Group (UU.) is Britain’s biggest water supplier. But the shares have fared worse than most this month. And while many Footsie giants have recovered after the Brexit vote, this stock which rose sharply after the vote is now dragging its feet. Yet there is no important reason to single it out as a loser, in my humble opinion.
Hello Share Twiddlers. When I first bought into United Utilities (UU.) energy and water prices were uncontrolled and rising. Therefore, this electricity and water supplier for the North West of England seemed to be a double golden egg – it was making a profits and, being an arch-defensive share, seemed fairly safe.
United Utilities (UU.) remains a core holding in my long term buy and hold share portfolio, and I am glad to see that recent results are largely positive. As you may have guessed by now, the most important factor for me is the dividend payment, and this has risen by a healthy amount:
You may remember me writing this article on United Utilities about a month ago. With United Utilities (UU.) shares now at 811p, on a yield of 4.45% and a PE of 7.59, the time may well have come to buy the stock. United Utilities recent trading update was broadly positive. Customer service improved and financial performance is expected to be the same as last year. The company remains confident of delivering its 2010-15 regulatory outperformance targets.
Shares in United Utilities (UU.) are currently trading at 893p on a PE ratio of 17.6 and a dividend yield of 4.03%. There are some attractive fundamental qualities about this share. It supplies a product that everyone requires, namely water. That’s about as secure a product as you can get in terms of people needing it! United Utilities has a monopoly on supplying water and waste services to all of the North West of England. It’s quite an extensive area, stretching from Cumbria to Cheshire. Its assets include 42,000 kilometres of water pipes, 76,000 of sewers, 569 wastewater treatment works, 94 water treatment works and about 56,000 hectares of water catchment land.
I have tended to look at United Utilities (UU.) the water utility when the share price is below 700p, which it now is at 691p (last seen). The price has come down from its year high point of 795p. Time to buy? Yes.
My last look at United Utilities (UU.) on a site I have now abandoned to join the winning team here at Shareprophets with all my efforts, was just over two months ago, pointing out the attractions, adding them to my shares to buy tray and suggesting it was worth looking at.








