Canadian Utilities Dividends and Buybacks
Dividend criteria checks 4/6
Canadian Utilities is a dividend paying company with a current yield of 5.02%. Next payment date is on 1st December, 2024 with an ex-dividend date of 7th November, 2024.
Key information
5.0%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 5.0% |
| Future Dividend Yield | 5.1% |
| Dividend Growth | 5.7% |
| Next dividend pay date | 01 Dec 24 |
| Ex dividend date | 07 Nov 24 |
| Dividend per share | US$1.318 |
| Payout ratio | 116% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CUTL.F's dividends per share have been stable in the past 10 years.
Growing Dividend: CUTL.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 (CUTL.F) | 5.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Integrated Utilities) | 3.3% |
| Analyst forecast (CUTL.F) (up to 3 years) | 5.1% |
Notable Dividend: CUTL.F's dividend (5.02%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: CUTL.F's dividend (5.02%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (115.6%), CUTL.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (114.2%), CUTL.F's dividend payments are not well covered by cash flows.