Hydro One Dividend
Dividend criteria checks 2/6
Hydro One is a dividend paying company with a current yield of 3.1% that is well covered by earnings.
Key information
3.1%
Dividend yield
65%
Payout ratio
Industry average yield | 5.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €1.81 |
Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 8H1 has been paying a dividend for less than 10 years.
Growing Dividend: 8H1'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 (8H1) | 3.1% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Electric Utilities) | 5.8% |
Analyst forecast in 3 Years (8H1) | 3.7% |
Notable Dividend: 8H1's dividend (3.1%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 8H1's dividend (3.1%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.5%), 8H1's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 8H1 is paying a dividend but the company has no free cash flows.