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The Expert View: JD Sports, Go-Ahead and Dairy Crest
by Chris Marshall on Sep 20, 2013 at 05:01
United Utilities’ dividend yield ‘particularly attractive’
Income hunters will be on the prowl after the US Federal Reserve failed to start curtailing its monthly $85 billion bond shopping spree. And United Utilities (UU.L)’ prospective dividend yield of 5.2%, growing in real terms, is ‘particularly attractive,’ say analysts at Killik.
The water supplier issued what Killik described as a ‘reassuring’ trading statement on Thursday, confirming that trading remained in line with its expectations.
‘We remain positive on the shares ahead of the group’s interim results on 27 November,’ said the analysts.
City brokers in general expect more caution towards the sector ahead of the next regulatory price review next year. But this is offset by unsubstantiated bid speculation in the sector.
United Utilities shares gained 2.3% yesterday, to close at 708p.
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- ASOS PLC (ASOS.L)
- Go-Ahead Group PLC (GOG.L)
- United Utilities Group PLC (UU.L)
- Dairy Crest Group PLC (DCG.L)
- JD Sports Fashion PLC (JD.L)