Canadian Utilities Limited
TSX:CU.PRH Stock Report
Canadian Utilities Dividends and Buybacks
Dividend criteria checks 3/6 Canadian Utilities is a dividend paying company with a current yield of 5.26%. Next payment date is on 1st December, 2024 with an ex-dividend date of 7th November, 2024.
Key information Total Shareholder Yield 5.3% Future Dividend Yield 5.4% Dividend Growth 5.8% Next dividend pay date 01 Dec 24 Ex dividend date 07 Nov 24 Dividend per share CA$1.812 Payout ratio 91%
Recent dividend and buyback updates Canadian Utilities Limited Declares Quarterly Dividends, Payable on 01 December 2024
Canadian Utilities Limited Declares Quarterly Dividends on Class A Non-Voting and Class B Common, Payable on June 1, 2024 Apr 13
Canadian Utilities Limited Declares First Quarter Dividend, Payable on March 1, 2024 Jan 12
Canadian Utilities Limited Declares Quarterly Dividend on Class A Non-Voting and Class B Common Share, Payable on December 01, 2023 Sep 14
Canadian Utilities Limited Declares Quarterly Dividend on Class A Non-Voting and Class B Common Share, Payable on September 01, 2023 Jul 13
Canadian Utilities Limited Declares First Quarter Dividend on Class A Non-Voting and Class B Common Share, Payable on March 1, 2023 Jan 13
Show all updates Canadian Utilities Limited Declares Quarterly Dividends, Payable on 01 December 2024 Canadian Utilities Limited to Report Q2, 2024 Results on Aug 02, 2024
ATCO Energy Systems Announces Its Largest Ever Energy Infrastructure Project: Yellowhead Mainline to Drive Economic Growth in Alberta May 09
Canadian Utilities Limited Declares Quarterly Dividends on Class A Non-Voting and Class B Common, Payable on June 1, 2024 Apr 13
Canadian Utilities Limited to Report Q1, 2024 Results on May 02, 2024 Apr 12
Canadian Utilities Limited to Report Fiscal Year 2023 Results on Feb 29, 2024 Feb 09
Canadian Utilities Limited, Annual General Meeting, May 08, 2024 Feb 06 Canadian Utilities Limited Announces the Retirement of Executive Vice President, Brian P. Shkrobot, Effective March 1, 2024
Canadian Utilities Limited Declares First Quarter Dividend, Payable on March 1, 2024 Jan 12
Canadian Utilities Limited to Report Q3, 2023 Results on Oct 26, 2023 Oct 06
Canadian Utilities Limited Declares Quarterly Dividend on Class A Non-Voting and Class B Common Share, Payable on December 01, 2023 Sep 14
Canadian Utilities Limited Declares Quarterly Dividend on Class A Non-Voting and Class B Common Share, Payable on September 01, 2023 Jul 13
Canadian Utilities Limited to Report Q2, 2023 Results on Jul 27, 2023 Jul 07
Canadian Utilities Limited(TSX:CU) dropped from FTSE All-World Index (USD) Jun 19
Canadian Utilities Limited Announces Executive Changes May 06
Canadian Utilities Limited to Report Fiscal Year 2022 Results on Mar 02, 2023 Feb 10
Canadian Utilities Limited, Annual General Meeting, May 03, 2023 Feb 07
Canadian Utilities Limited Declares First Quarter Dividend on Class A Non-Voting and Class B Common Share, Payable on March 1, 2023 Jan 13 Canadian Utilities Limited (TSX:CU) acquired Portfolio of Wind and Solar Assets and Projects Located in Alberta and Ontario from Suncor Energy Inc. (TSX:SU) for approximately CAD 710 million. Jan 07
Canadian Utilities Limited Announces Fourth Quarter Dividend Oct 28 Canadian Utilities Limited to Report Q3, 2022 Results on Oct 27, 2022
Canadian Utilities Limited Declares Quarterly Common Dividend, Payable on September 1, 2022 Jul 15
Canadian Utilities Limited to Report Q2, 2022 Results on Jul 28, 2022 Jul 08
Canadian Utilities Limited Announces Quarterly Common Dividend on Class A Non-Voting Shares and Class B Common Shares, Payable on June 1, 2022 Apr 15
Canadian Utilities Limited to Report Q1, 2022 Results on Apr 27, 2022 Apr 07
Canadian Utilities Limited, Annual General Meeting, May 04, 2022 Apr 02
Canadian Utilities Limited Declares First Quarter Dividend Feb 24
Canadian Utilities Limited, Annual General Meeting, May 04, 2022 Feb 08
Canadian Utilities Limited to Report Fiscal Year 2021 Results on Feb 23, 2022 Feb 04
Canadian Utilities and Vuntut Gwitchin Complete Landmark Solar Project, Reducing Community Diesel Use in Old Crow, Yukon Aug 24
Canadian Utilities Limited, Annual General Meeting, May 05, 2021 Feb 10
Canadian Utilities Limited to Report Fiscal Year 2020 Results on Feb 25, 2021 Feb 06
Canadian Utilities Limited(TSX:CU.PRD) dropped from S&P/TSX Preferred Share Index Jan 28
Canadian Utilities Limited to Report Q3, 2020 Results on Oct 29, 2020 Oct 10
Canadian Utilities Limited to Report Q2, 2020 Results on Jul 30, 2020 Jul 07
Stability and Growth of Payments
Stable Dividend: CU.PRH's dividends per share have been stable in the past 10 years.
Growing Dividend: CU.PRH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market Canadian Utilities Dividend Yield vs Market
How does CU.PRH dividend yield compare to the market? Segment Dividend Yield Company (CU.PRH) 5.3% Market Bottom 25% (CA) 1.8% Market Top 25% (CA) 6.1% Industry Average (Integrated Utilities) 3.4% Analyst forecast (CU.PRH) (up to 3 years) 5.4%
Notable Dividend: CU.PRH's dividend (5.26%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: CU.PRH's dividend (5.26%) is low compared to the top 25% of dividend payers in the Canadian market (6.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.9%), CU.PRH's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (97.5%), CU.PRH's dividend payments are not well covered by cash flows.
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