Severn Trent increases payout to shareholders despite its 60,000 sewage spills last year

Final dividend hiked by 9% amid anger over water firms making payouts to investors while polluting waterwaysBusiness live – latest updatesSevern Trent has increased its payout to shareholders despite being responsible for 60,000 sewage spills last year.Severn hiked its final dividend by 9% to 70.1p a share after pre-tax profits swelled almost 20% to £201.3m in the year to the end of March. Continue reading...