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
3.2%
Dividend yield
65%
Payout ratio
Industry average yield | 5.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | Mex$1.71 |
Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, H N has been paying a dividend for less than 10 years.
Growing Dividend: H N's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Hydro One Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (H N) | 3.2% |
Market Bottom 25% (MX) | 2.2% |
Market Top 25% (MX) | 6.4% |
Industry Average (Electric Utilities) | 5.7% |
Analyst forecast in 3 Years (H N) | 3.4% |
Notable Dividend: H N's dividend (3.15%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: H N's dividend (3.15%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.3%), H N's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1919.6%), H N's dividend payments are not well covered by cash flows.