Hydro One Dividend
Dividend criteria checks 2/6
Hydro One is a dividend paying company with a current yield of 3.15% that is well covered by earnings.
Key information
3.1%
Dividend yield
65%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$1.81 |
| Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Recent updates
Returns On Capital At Hydro One (TSE:H) Have Hit The Brakes
Apr 15
Returns On Capital At Hydro One (TSE:H) Have Hit The Brakes
Dec 30Is Hydro One (TSE:H) Using Too Much Debt?
Dec 14A Look At The Fair Value Of Hydro One Limited (TSE:H)
Nov 29Returns On Capital At Hydro One (TSE:H) Have Stalled
Sep 29We Think Hydro One (TSE:H) Is Taking Some Risk With Its Debt
Sep 11A Look At The Fair Value Of Hydro One Limited (TSE:H)
Aug 24Hydro One (TSE:H) Has Some Way To Go To Become A Multi-Bagger
Jun 16Here's Why Hydro One (TSE:H) Has A Meaningful Debt Burden
May 29Hydro One (TSE:H) Is Increasing Its Dividend To CA$0.2964
May 11Hydro One's (TSE:H) Returns On Capital Are Heading Higher
Feb 28These 4 Measures Indicate That Hydro One (TSE:H) Is Using Debt Extensively
Feb 10Here's Why We Think Hydro One (TSE:H) Is Well Worth Watching
Dec 27There's Been No Shortage Of Growth Recently For Hydro One's (TSE:H) Returns On Capital
Nov 27A Look At The Fair Value Of Hydro One Limited (TSE:H)
Jul 29Here's Why Hydro One (TSE:H) Has A Meaningful Debt Burden
Jul 11Hydro One (TSE:H) Will Pay A Larger Dividend Than Last Year At CA$0.28
May 10Here's Why Hydro One (TSE:H) Has A Meaningful Debt Burden
Mar 28We Think Hydro One (TSE:H) Is Taking Some Risk With Its Debt
Dec 15Hydro One (TSE:H) Has A Somewhat Strained Balance Sheet
Sep 11Estimating The Intrinsic Value Of Hydro One Limited (TSE:H)
Jun 29Here's Why Hydro One (TSE:H) Has A Meaningful Debt Burden
Jun 13I Ran A Stock Scan For Earnings Growth And Hydro One (TSE:H) Passed With Ease
May 28Is Hydro One Limited (TSE:H) An Attractive Dividend Stock?
Mar 26Only Four Days Left To Cash In On Hydro One's (TSE:H) Dividend
Mar 11A Look At The Intrinsic Value Of Hydro One Limited (TSE:H)
Mar 02We're Not Counting On Hydro One (TSE:H) To Sustain Its Statutory Profitability
Feb 09Here's Why Hydro One (TSE:H) Has A Meaningful Debt Burden
Jan 25
How Many Hydro One Limited (TSE:H) Shares Do Institutions Own?
Dec 25How Does Hydro One Limited (TSE:H) Fare As A Dividend Stock?
Dec 10Are Hydro One Limited (TSE:H) Investors Paying Above The Intrinsic Value?
Nov 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, H has been paying a dividend for less than 10 years.
Growing Dividend: H's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Hydro One Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (H) | 3.1% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Electric Utilities) | 3.6% |
| Analyst forecast in 3 Years (H) | 3.7% |
Notable Dividend: H's dividend (3.15%) is higher than the bottom 25% of dividend payers in the Canadian market (1.92%).
High Dividend: H's dividend (3.15%) is low compared to the top 25% of dividend payers in the Canadian market (6.46%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.5%), H's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: H is paying a dividend but the company has no free cash flows.