• Northumbrian Water pays first dividend in three years as revenues rise

    Northumbrian Water pays first dividend in three years as revenues rise

    The company highlighted a four-star rating from the Environment Agency and efforts to reduce carbon emissions.

    Northumbrian Water has paid its first dividend to its overseas owner in three years after revenues edged up, new accounts show.

    The company – which supplies water to homes and businesses around the North East, but also to Essex and Suffolk – has released accounts for the year ending March 2022 which show that revenue increased by nearly 3% to £780.1m. Over the same period, operating profit fell slightly to £188.3m, but the company paid an interim dividend of £58.2m and a final dividend of £55.4m, having not made payments for the last two years.

    Source: Chronicle Live