Canadian Utilities Dividend
Dividend criteria checks 4/6
Canadian Utilities is a dividend paying company with a current yield of 5.76% that is well covered by earnings.
Key information
5.8%
Dividend yield
82%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$2.18 |
Dividend yield forecast in 3Y | 5.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CU.X's dividends per share have been stable in the past 10 years.
Growing Dividend: CU.X'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.X) | 5.8% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Integrated Utilities) | 4.0% |
Analyst forecast in 3 Years (CU.X) | 5.9% |
Notable Dividend: CU.X's dividend (5.76%) is higher than the bottom 25% of dividend payers in the Canadian market (2%).
High Dividend: CU.X's dividend (5.76%) is low compared to the top 25% of dividend payers in the Canadian market (6.49%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82%), CU.X's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (100.1%), CU.X's dividend payments are not well covered by cash flows.