Canadian Utilities Limited and its subsidiaries engage in the electricity, natural gas, and retail energy businesses worldwide. It operates through Utilities, Energy Infrastructure, and Corporate & Other segments. The Utilities segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, and the Northwest Territories; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia. It owns and operates approximately 9,000 kilometers of natural gas pipelines, 16 compressor sites, approximately 3,700 receipt and delivery points, and a salt cavern storage peaking facility located near Fort Saskatchewan, Alberta in Canada. The Energy Infrastructure segment provides electricity generation, natural gas storage, industrial water, and related infrastructure development solutions in Alberta, the Yukon, the Northwest Territories, Australia, Mexico, and Chile. The Corporate & Other segment retails electricity and natural gas business in Alberta. The company was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities Limited is a subsidiary of ATCO Ltd.
Canadian Utilities Dividend Announcement
• Canadian Utilities announced a quarterly dividend of $0.33 per ordinary share which will be made payable on 2024-12-01. Ex dividend date: 2024-11-07
• Canadian Utilities annual dividend for 2024 was $1.32
• Canadian Utilities annual dividend for 2023 was $1.33
• Canadian Utilities's trailing twelve-month (TTM) dividend yield is 5.33%
• Canadian Utilities's payout ratio for the trailing twelve months (TTM) is 107.39%
• Canadian Utilities's dividend growth over the last five years (2018-2023) was 6.94% year
• Canadian Utilities's dividend growth over the last ten years (2013-2023) was -5.83% year
Canadian Utilities Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-07 | $0.33 | quarterly | 2024-12-01 |
2024-08-08 | $0.33 | quarterly | 2024-09-01 |
2024-05-01 | $0.33 | quarterly | 2024-06-01 |
2024-01-31 | $0.34 | quarterly | 2024-03-01 |
2023-11-01 | $0.33 | quarterly | 2023-12-01 |
2023-08-02 | $0.34 | quarterly | 2023-09-01 |
2023-05-03 | $0.33 | quarterly | 2023-06-01 |
2023-02-01 | $0.34 | quarterly | 2023-03-01 |
2022-11-02 | $0.33 | quarterly | 2022-12-01 |
2022-08-03 | $0.34 | quarterly | 2022-09-01 |
2022-05-04 | $0.35 | quarterly | 2022-06-01 |
2022-02-02 | $0.35 | quarterly | 2022-03-01 |
2021-11-03 | $0.35 | quarterly | 2021-12-01 |
2021-08-04 | $0.35 | quarterly | 2021-09-01 |
2021-05-05 | $0.36 | quarterly | 2021-06-01 |
2021-02-03 | $0.34 | quarterly | 2021-03-01 |
2020-11-04 | $0.33 | quarterly | 2020-12-01 |
2020-08-05 | $0.33 | quarterly | 2020-09-01 |
2020-05-06 | $0.31 | quarterly | 2020-06-01 |
2020-02-05 | $0.33 | quarterly | 2020-03-01 |
2019-11-06 | $0.32 | quarterly | 2019-12-01 |
2019-08-07 | $0.32 | quarterly | 2019-09-01 |
2019-05-08 | $0.31 | quarterly | 2019-06-01 |
2019-02-06 | $0.32 | quarterly | 2019-03-01 |
2018-11-08 | $0.03 | quarterly | 2018-12-01 |
2018-08-09 | $0.30 | quarterly | 2018-09-01 |
2018-05-09 | $0.30 | quarterly | 2018-06-01 |
2018-02-07 | $0.32 | quarterly | 2018-03-01 |
2017-11-08 | $0.28 | quarterly | 2017-12-01 |
2017-08-08 | $0.36 | quarterly | 2017-09-01 |
2017-05-05 | $0.26 | quarterly | 2017-06-01 |
2017-02-02 | $0.27 | quarterly | 2017-03-01 |
2016-11-04 | $0.24 | quarterly | |
2016-08-08 | $0.25 | quarterly | |
2016-05-05 | $0.25 | quarterly | |
2016-02-03 | $0.23 | quarterly | |
2015-11-03 | $0.23 | quarterly | |
2015-08-07 | $0.23 | quarterly | |
2015-05-05 | $0.24 | quarterly | |
2015-02-03 | $0.25 | quarterly | |
2014-11-05 | $0.23 | quarterly | |
2014-08-07 | $0.24 | quarterly | |
2014-05-07 | $0.25 | quarterly | |
2014-02-04 | $0.24 | quarterly | |
2013-11-06 | $0.24 | quarterly | |
2013-08-08 | $0.24 | quarterly | |
2013-05-08 | $0.97 | quarterly | |
2013-02-05 | $0.97 | quarterly |
Canadian Utilities Dividend per year
Canadian Utilities Dividend growth
Canadian Utilities Dividend Yield
Canadian Utilities current trailing twelve-month (TTM) dividend yield is 5.33%. Interested in purchasing Canadian Utilities stock? Use our calculator to estimate your expected dividend yield:
Canadian Utilities Financial Ratios
Canadian Utilities Dividend FAQ
Other factors to consider when evaluating Canadian Utilities as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Canadian Utilities's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Canadian Utilities publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Canadian Utilities distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Canadian Utilities are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Canadian Utilities sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Canadian Utilities distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Canadian Utilities declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Canadian Utilities's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Canadian Utilities's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.