I think it has to do with the road shows presentations to institutional buyers and possible index buying.
Hi rgchjr VVC had great earnings again. Missed the TIS recommendation, but thanks. Just joined the ABT investors with a small stake today. Put Wifey in ABT early 2010. ABBV is almost a 2 bagger for her. ABT raised dividend on 10/16/13. 57%, like you said. S&P IQ has ABT undervalued by $6. Pharmas have been improving of late, also looking at GSK. Long time LLY shareholder and it too has had a nice run up, 17% YTD. No increase in dividend from LLY since I bought in 10/2009. UTEs got side tracked today. Was looking at SO, Maybe at a better price point. Tough market to be in. And even tougher to find some bargains. Sometimes I believe we are over bought or some stupid #$%$ event or a FED quote is going to knock it down 10%. Who knows. Anyway, happy investing.
Not the first time either something like this occurred . At least the annual cash out at christmas time didn't occur last year.
Bilo- Good to have your input on the board. Yes, the regulatory scheme was just recently announced and the Ofwat 5 year plan was not as bad as some had thought. There has been rate increases outpacing inflation in the UK especially in electric. A whole series of issues there have the government concerned. Severn was also rumored to be taken over, more so than UU, hence that spikes you mentioned. Another water co in the UK is Pennon Group, PEGRY. Can't be in them all ! UU has been fine for what it is.
PS- What kills me, is that the Deutches Bank as the ADR administrator now get .02 per share cut of the dividend and it takes them one week to pay it out ever since they went off the NYSE!!
Also forgot to mention, sign up for e-mail @IR at their website. Good way to get news.
30-Jan-14 Interim management statement for the period from 1 October 2013
3-Feb-14 Payment of 2013/14 interim dividend to shareholders
20-Mar-14 Pre-close trading update
22-May-14 Announcement of full year results for the year ending 31 March 2014
18-Jun-14 Ex-dividend date for 2013/14 final dividend
20-Jun-14 Record date for 2013/14 final dividend
25-Jul-14 Interim management statement for the period from 1 April 2014
25-Jul-14 Annual General Meeting
1-Aug-14 Payment of 2013/14 final dividend to shareholders
Yes in this since 04. Rumors of takeover bid & pound going higher. Best source of news for UU is the Financial Times. Bought some more in September, up 17% since then. Not sure if UU has much to go. Bought it for dividend.