The company's record fine in March was for allowing sewage into waterways in 2013 and 2014, leaving people and animals ill, and killing thousands of fish. Netcall plc The previous Netcall plc dividend was 0.2p and it went ex 10 months ago and it was paid 8 months ago. Why not be the first to send us your thoughts, Why did it take nine months to get my money back after I accidentally sent £1,000 to the account of a North London branch of William Hill? The previous Netcall plc dividend was 0.2p and it went ex 10 months ago and it was paid 8 months ago. Why did an insurance company give me a cheaper quote on life and income protection cover than my broker? Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. Recent financing transactions at Thames Water significantly reduce the risk of a dividend lock-up. 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Thames, which serves around 15m people in the Thames Valley and London, is banned from passing the fine on to customers. This is Money is part of the Daily Mail, Mail on Sunday & Metro media group, How the mighty have fallen! The company allowed 677million litres of water to leak every day last year. Are 'cheap' bank shares an opportunity to profit or a value trap? DIY master CRAIG PHILLIPS gives a step-by-step guide to sprucing up plastic doors and window frames... British expats find their bank accounts are being closed due to Brexit: Here's what's happening and what you can do about it, House prices have boomed in lockdown, so is Britain's property market like Wile E Coyote or a cockroach that survives anything? We do not allow any commercial relationship to affect our editorial independence. It follows a £20.3million fine in March for polluting the River Thames with 1.4billion litres of sewage. 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After a long run of hefty returns, the industry is reeling from a new price settlement with Ofwat. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. What next for Neil Woodford and his investors? 894646. That rise after inflation could see water bills in London leap to an unprecedented £360 a year. We have noticed that there is an issue with your subscription billing details. The Australians running Thames Water have paid themselves a £131m dividend at the same time that they are calling for a hike in customers' bills that could top 25% over the next five years. The five-year settlement is expected to trigger a rash of appeals to the Competition and Markets Authority. It says this is due to a rule allowing it to defer tax based on investment, and that it has invested £12billion in the past ten years. How to invest through a crisis like coronavirus and protect your money? Southern Water, Thames Water and Yorkshire Water all promised to stop paying dividends to shareholders, after watchdog Ofwat told them to invest in more infrastructure and cut bills. We accept no liability whatsoever for any decision made or action taken or not taken. Why did an insurance company give me a cheaper quote on life and income protection cover than my broker? How to invest in the new era of falling interest rates, How to profit from green energy, reducing waste and boosting recycling, How to get a near 6% yield by tapping into Asia's dividends: Henderson Far East Income's manager, The UK is cheap and shares could bounce back: Fund managers' tips on picking funds and trusts, How to find the best British companies to invest in and not worry about Brexit. Thames, Southern and Yorkshire Water all promised not to reward shareholders amid pressure from the watchdog to bolster their finances, cut bills and invest more in infrastructure. Thames, Southern and Yorkshire Water all promised not to reward shareholders amid pressure from the watchdog to bolster their finances, cut bills and invest more in infrastructure. This is Money is part of the Daily Mail, Mail on Sunday & Metro media group, How the mighty have fallen! The company is now owned by a group of mostly foreign investors including Abu Dhabi, Dutch and Chinese funds. Published: 16:51 EDT, 14 June 2017 | Updated: 16:51 EDT, 14 June 2017. Macquarie and other shareholders have taken out about £1.2billion in dividends during its ownership, not including its latest payout. Where can investors look for shares that will benefit from a coronavirus recovery? The company was bought from its German owners RWE by Australian bank Macquarie in 2006, for around £8billion. Enter the number of Registered office: 1 London Bridge Street, SE1 9GF. A Financial Times investigation revealed that Thames Water paid no corporation tax between 2011-15. Please, Ofwat is led by former Anglian Water boss Jonson Cox, Listen to Times Radio for the latest well-informed debate, expert analysis and breaking news. The other two companies similarly have inter company debt between the parent company and the service provider. • As we look to the future, we will be transparent about any dividends paid to our external shareholders. Can Britain keep its lockdown savings habit? A Thames Water spokesman said: "Our shareholders are in it for the long term and have not taken a dividend for three years to prioritise investment in improving service for customers, and to protect the environment." We are no longer accepting comments on this article. The Australians running Thames Water have paid themselves a £131m dividend at the same time that they are calling for a hike in customers' bills that could top 25% over the next five years. Netcall's customer base contains over 700 organisations in both the private and public sectors. Yesterday, it was fined £8.6million for missing leak reduction targets by 47million litres a day – and could face further enforcement action. However, the Sunday Times reported today that the trio had continued to give out hundreds of millions of pounds in dividends in order to service debt obligations. or debate this issue live on our message boards. Registered in England No. Transform the look of your home on a budget! The only dividends paid by the operating company, Thames Water Utilities Limited, were those paid to service £56.5 million of interest on external debt and working capital requirements at the holding company level. Thames Water declined the opportunity to comment. MIDAS SHARE TIPS UPDATE: Civitas Social Housing has seen its share price rise 11% in three years - can it continue? They might be giants: Do US smaller companies still offer rich pickings? The chart below shows the optimized dividends for this security over a rolling 12-month period. 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