Privatised Water Companies to Raise Dividends Amid Bill Increases
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Privatised water companies South West Water and United Utilities will increase dividends alongside household bill hikes of 23% and 32% over five years, following Ofwat's determinations.
Two of England's privatised water monopolies, the South West Water owner Pennon and United Utilities, have announced plans to increase dividend payments to investors while preparing to raise household bills.