Sewage-dumping water company pays dividend bigger than its profits. What?
Clean water: but in United Utilities’ catchment area, the money seems to be as dirty as Lake Windermere.
This should be self-explanatory.
But does the payout make any sense to anybody at all?
So less than 24 hours after discovering @unitedutilities spent up to 70 days illegally dumping sewage into lake Windermere the company announces it is paying shareholders a dividend bigger than the company profits
And @Ofwat does what exactly?https://t.co/HANh83RRJl
— Feargal Sharkey (@Feargal_Sharkey) November 17, 2023
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