Severn Trent PLC (OTCMKTS:STRNY – Get Free Report) shares were down 2.3% during mid-day trading on Friday . The company traded as low as $30.62 and last traded at $30.79. Approximately 62,271 shares were traded during mid-day trading, an increase of 71% from the average daily volume of 36,435 shares. The stock had previously closed at $31.53.
Analyst Ratings Changes
Separately, Citigroup upgraded Severn Trent from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 5th.
Read Our Latest Stock Analysis on STRNY
Severn Trent Stock Down 2.3 %
Severn Trent Cuts Dividend
The business also recently announced a dividend, which will be paid on Tuesday, January 21st. Shareholders of record on Monday, December 2nd will be given a $0.6167 dividend. The ex-dividend date is Monday, December 2nd. Severn Trent’s payout ratio is 137.91%.
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.
Read More
- Five stocks we like better than Severn Trent
- Best Aerospace Stocks Investing
- Insiders Are Selling, But These 3 Stocks Are Must-Buys
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Rivian Defies Doubters: Delivery Triumph Fuels Stock Surge
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Hindenburg Short Report Slams Carvana Over Alleged ‘Grift’
Receive News & Ratings for Severn Trent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Severn Trent and related companies with MarketBeat.com's FREE daily email newsletter.
