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United Utilities to review AMP7 dividend plans

As the post-Covid-19 economic environment remains uncertain, the group has struck a cautious tone on it payout policy for the next five years
United Utilities to review AMP7 dividend plans

United Utilities (UU.) saw its underlying operating profit increase by 9 per cent to £744m in the year to 31 March. This reflects a small lift in revenue and lower infrastructure renewals expenditure.  

IC TIP: Hold at 865p

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