Canadian Utilities Dividend
Dividend criteria checks 5/6
Canadian Utilities is a dividend paying company with a current yield of 5.64% that is well covered by earnings.
Key information
5.6%
Dividend yield
84%
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 | US$2.12 |
Dividend yield forecast in 3Y | 5.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CDUU.F's dividends per share have been stable in the past 10 years.
Growing Dividend: CDUU.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Canadian Utilities Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CDUU.F) | 5.6% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Integrated Utilities) | 4.0% |
Analyst forecast in 3 Years (CDUU.F) | 5.8% |
Notable Dividend: CDUU.F's dividend (5.64%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: CDUU.F's dividend (5.64%) is in the top 25% of dividend payers in the US market (4.85%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84%), CDUU.F's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (113.1%), CDUU.F's dividend payments are not well covered by cash flows.