• Northumbrian Water boosts dividends to shareholders

    Northumbrian Water boosts dividends to shareholders

    The group responsible for water supply and sewage services to about 2.7m people in the North East, as well as water for 1.9m people in Sussex and Suffolk, saw revenue climb more than £72m to £899.9m in the year to the end of March.

    Dividends paid to its Hong Kong-based majority owner CK Hutchison Holdings and minority shareholder, New York private equity company KKR & Co, grew to £105m, up from £91.7m. In addition, there is a proposed final dividend of £54m.

    Source: Chronicle Live

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