Canadian Utilities Dividend
Dividend criteria checks 4/6
Canadian Utilities is a dividend paying company with a current yield of 5.69% that is well covered by earnings.
Key information
5.7%
Dividend yield
84%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$2.14 |
Dividend yield forecast in 3Y | 5.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CU.PRJ's dividends per share have been stable in the past 10 years.
Growing Dividend: CU.PRJ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Canadian Utilities Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CU.PRJ) | 5.7% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.3% |
Industry Average (Integrated Utilities) | 3.8% |
Analyst forecast in 3 Years (CU.PRJ) | 5.8% |
Notable Dividend: CU.PRJ's dividend (5.69%) is higher than the bottom 25% of dividend payers in the Canadian market (1.87%).
High Dividend: CU.PRJ's dividend (5.69%) is low compared to the top 25% of dividend payers in the Canadian market (6.33%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.9%), CU.PRJ's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (126.7%), CU.PRJ's dividend payments are not well covered by cash flows.