Water share $SVT (-1,85%)
@DonkeyInvestor said investing in water on an island can only work :-)
what has happened since I started:
The regulator Ofwat 11.07.2024:
"Ofwat plans record £88 billion upgrade for cleaner rivers and seas and better services for customers
The average bill increase for water and sewerage companies will be £19 per year over five years (£94 in total), excluding inflation. The companies' business plans included increases averaging £144 over five years. Ofwat's interventions have reduced the level of bill increases proposed by the companies. For example, Thames Water's proposed increase of £191 was reduced to £99 by 2030; Severn Trent's proposed increase of £144 was reduced to £93."
To fund investment in the UK's ageing infrastructure, water bills are likely to rise by £19 a year, Ofwat explained.
This means that the average household water bill across the UK will rise from £441 to £535 by 2030, an increase of 21%.
This is below the average that Thames Water, United Utilities and other major water companies have asked Ofwat to set.
Ofwat set out the plans in the regulator's draft determination, which sets the agenda for all UK water companies for the next five years.
Green light for Severn Trent's £12 billion investment program to create 7,000 jobs across the region.
The water company says its £12.9 billion investment plan will ensure customer bills remain the second lowest in England
https://www.ofwat.gov.uk/pr24-draft-determinations-press-notice/
in general, if you want to invest in water infrastructure in the UK, check with the regulator:
until 2030 there is actually peace and quiet, now there can only be reports of what is going wrong with the implementation :-) .
So continue to build up the position when the opportunity arises and collect dividends, appropo dividend:
"An attractive, inflation-indexed dividend provides long-term clarity
Our dividends are predictable and fixed in advance. This makes us ideal for long-term investments that can provide a reliable income in the future.
We are a stable, traditional and well-established company that pays steady, inflation-linked dividends that provide planning security for our investors. "
https://www.severntrent.com/investors/our-investment-proposition/
