Hydro One Dividends and Buybacks
Dividend criteria checks 2/6
Hydro One is a dividend paying company with a current yield of 2.76% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 11th December, 2024.
Key information
2.8%
Dividend yield
-0.007%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | -3.8% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 11 Dec 24 |
| Dividend per share | US$0.905 |
| Payout ratio | 64% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, HRNN.F has been paying a dividend for less than 10 years.
Growing Dividend: HRNN.F's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Hydro One Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HRNN.F) | 2.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Electric Utilities) | 2.9% |
| Analyst forecast (HRNN.F) (up to 3 years) | 3.1% |
Notable Dividend: HRNN.F's dividend (2.76%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: HRNN.F's dividend (2.76%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.5%), HRNN.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: HRNN.F is paying a dividend but the company has no free cash flows.