Wednesday 20 June 2012

Severn Trent Special Dividend update

As reported here yesterday, Severn Trent goes ex-dividend today including a special dividend.  Share price today reflects the payment of the dividend + special dividend and is down around 112p, 6.4% as of writing.  Sometimes these dividend payment falls can be overdone, but it is worth waiting for the dust to settle for those interested in buying.

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