In line with Pennon’s 2020-2025 dividend policy of growth of CPIH +2%1, the Board has declared an interim dividend of 14.69 pence per share for the half year ended 30 September 2024.
(1)Consumer price index including owner occupiers’ housing costs, which aligns with the regulatory inflation measure being used for the K7 regulatory period (2020-25). The CPIH rate used is 2.6% as of 30 September 2024.