Hydro One Limited

TSX:H Stock Report

Market Cap: CA$33.2b

Hydro One Dividends and Buybacks

Dividend criteria checks 4/6

Hydro One is a dividend paying company with a current yield of 2.41% that is well covered by earnings. Next payment date is on 31st December, 2025 with an ex-dividend date of 10th December, 2025.

Key information

2.4%

Dividend yield

-0.009%

Buyback Yield

Total Shareholder Yield2.4%
Future Dividend Yield2.7%
Dividend Growth-54.6%
Next dividend pay date31 Dec 25
Ex dividend date10 Dec 25
Dividend per sharen/a
Payout ratio59%

Recent dividend and buyback updates

Hydro One (TSE:H) Is Increasing Its Dividend To CA$0.3331

Jun 10
Hydro One (TSE:H) Is Increasing Its Dividend To CA$0.3331

Recent updates

Is Hydro One (TSE:H) A Risky Investment?

Sep 09
Is Hydro One (TSE:H) A Risky Investment?

Returns On Capital At Hydro One (TSE:H) Have Stalled

Aug 01
Returns On Capital At Hydro One (TSE:H) Have Stalled

If EPS Growth Is Important To You, Hydro One (TSE:H) Presents An Opportunity

Jul 14
If EPS Growth Is Important To You, Hydro One (TSE:H) Presents An Opportunity

Hydro One Limited (TSE:H) Investors Are Less Pessimistic Than Expected

Jun 26
Hydro One Limited (TSE:H) Investors Are Less Pessimistic Than Expected

Hydro One (TSE:H) Is Increasing Its Dividend To CA$0.3331

Jun 10
Hydro One (TSE:H) Is Increasing Its Dividend To CA$0.3331

Hydro One (TSE:H) Is Increasing Its Dividend To CA$0.3331

May 27
Hydro One (TSE:H) Is Increasing Its Dividend To CA$0.3331

Hydro One's (TSE:H) Upcoming Dividend Will Be Larger Than Last Year's

May 13
Hydro One's (TSE:H) Upcoming Dividend Will Be Larger Than Last Year's

Does This Valuation Of Hydro One Limited (TSE:H) Imply Investors Are Overpaying?

May 09
Does This Valuation Of Hydro One Limited (TSE:H) Imply Investors Are Overpaying?

Returns On Capital At Hydro One (TSE:H) Have Hit The Brakes

Apr 24
Returns On Capital At Hydro One (TSE:H) Have Hit The Brakes

Does Hydro One (TSE:H) Have A Healthy Balance Sheet?

Apr 09
Does Hydro One (TSE:H) Have A Healthy Balance Sheet?

Risks To Shareholder Returns Are Elevated At These Prices For Hydro One Limited (TSE:H)

Mar 08
Risks To Shareholder Returns Are Elevated At These Prices For Hydro One Limited (TSE:H)

Does Hydro One (TSE:H) Deserve A Spot On Your Watchlist?

Jan 27
Does Hydro One (TSE:H) Deserve A Spot On Your Watchlist?

Estimating The Fair Value Of Hydro One Limited (TSE:H)

Jan 10
Estimating The Fair Value Of Hydro One Limited (TSE:H)

Returns On Capital At Hydro One (TSE:H) Have Stalled

Dec 25
Returns On Capital At Hydro One (TSE:H) Have Stalled
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Calculated Investments Drive Revenue And Margins Up

Population growth and new projects are expected to boost Hydro One's revenue through investments in transmission and distribution.

Upcoming Dividend Payment

TodayNov 26 2025Ex Dividend DateDec 10 2025Dividend Pay DateDec 31 202521 days from Ex DividendBuy in the next 14 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: H's dividends per share have been stable in the past 10 years.

Growing Dividend: H's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Hydro One Dividend Yield vs Market
How does H dividend yield compare to the market?
SegmentDividend Yield
Company (H)2.4%
Market Bottom 25% (CA)1.7%
Market Top 25% (CA)5.9%
Industry Average (Electric Utilities)2.8%
Analyst forecast (H) (up to 3 years)2.7%

Notable Dividend: H's dividend (2.41%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).

High Dividend: H's dividend (2.41%) is low compared to the top 25% of dividend payers in the Canadian market (5.94%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (59.2%), 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.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/26 09:00
End of Day Share Price 2025/11/25 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hydro One Limited is covered by 19 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Ross FowlerBarclays
Benjamin PhamBMO Capital Markets Equity Research