United Utilities a New Year.

A0002577
"THE BUG : a 70/80 pence premium to existing SP is only about two years dividends. Would you accept a takeout at that price?"

Im presently thinking of taking profits in UU. after buying in at 485p(after the rights issue). Have had a good run with these and collected an excellent dividend yield. I did not buy in for just the dividend and would personally take 750p, but understand how others would prefer to carry on collecting yield as income. 70/80 pence premium is probably on the low side at only around 11% of the SP, but we are not at that stage yet so I will stop throwing numbers about!