Centrica Boosts Dividend as Profit From Retail Energy Unit Soars [BNN Bloomberg (Canada)]
CENTRICA PLC S/ADR (CPYYY)
NASDAQ:AMEX Investor Relations:
centrica.com/investors
Company Research
Source: BNN Bloomberg
The owner of the nation's biggest supplier to homes increased its full-year dividend by 33% to 4 pence per share, it said in its earnings statement on Thursday. Total returns handed back to its owners amounted to £800 million ($1 billion) last year, the firm said. The boost for shareholders is likely to cause fresh public outcry as energy bills remain high even as inflation is dropping. Centrica said that sliding commodity prices are reducing volatility, which should lead to lower prices for consumers going forward. UK regulator Ofgem's annualized price cap is expected to decrease by nearly 14% by April, according to consultancy Cornwall Insight. Prices are also expected to fall throughout the year in line with the slump in wholesale rates. The Ofgem price cap represents an annual bill for a typical household. “We expect that the price cap, which will be announced in the next couple of weeks, will be lower,” Chief Executive Officer Chris O'Shea said on a call with reporters. “T
Show less
Read more
Impact Snapshot
Event Time:
CPYYY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CPYYY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CPYYY alerts
High impacting CENTRICA PLC S/ADR news events
Weekly update
A roundup of the hottest topics
CPYYY
News
- Octopus Energy becomes Britain's largest home electricity supplier [Reuters]Reuters
- An Ex-Pentagon Hacker Raises $20 Million To Stop ChatGPT-Fueled Cyberattacks [Forbes]Forbes
- Why Centrica plc (LON:CNA) Could Be Worth Watching [Yahoo! Finance]Yahoo! Finance
- Centrica Trading Error May Have Resulted in Free Nordic Power [BNN Bloomberg (Canada)]BNN Bloomberg
- ITT Nominates Christopher O'Shea for Election to Board of Directors [Yahoo! Finance]Yahoo! Finance