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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 dateDividend amountDividend typePay date
2024-11-07$0.33quarterly2024-12-01
2024-08-08$0.33quarterly2024-09-01
2024-05-01$0.33quarterly2024-06-01
2024-01-31$0.34quarterly2024-03-01
2023-11-01$0.33quarterly2023-12-01
2023-08-02$0.34quarterly2023-09-01
2023-05-03$0.33quarterly2023-06-01
2023-02-01$0.34quarterly2023-03-01
2022-11-02$0.33quarterly2022-12-01
2022-08-03$0.34quarterly2022-09-01
2022-05-04$0.35quarterly2022-06-01
2022-02-02$0.35quarterly2022-03-01
2021-11-03$0.35quarterly2021-12-01
2021-08-04$0.35quarterly2021-09-01
2021-05-05$0.36quarterly2021-06-01
2021-02-03$0.34quarterly2021-03-01
2020-11-04$0.33quarterly2020-12-01
2020-08-05$0.33quarterly2020-09-01
2020-05-06$0.31quarterly2020-06-01
2020-02-05$0.33quarterly2020-03-01
2019-11-06$0.32quarterly2019-12-01
2019-08-07$0.32quarterly2019-09-01
2019-05-08$0.31quarterly2019-06-01
2019-02-06$0.32quarterly2019-03-01
2018-11-08$0.03quarterly2018-12-01
2018-08-09$0.30quarterly2018-09-01
2018-05-09$0.30quarterly2018-06-01
2018-02-07$0.32quarterly2018-03-01
2017-11-08$0.28quarterly2017-12-01
2017-08-08$0.36quarterly2017-09-01
2017-05-05$0.26quarterly2017-06-01
2017-02-02$0.27quarterly2017-03-01
2016-11-04$0.24quarterly
2016-08-08$0.25quarterly
2016-05-05$0.25quarterly
2016-02-03$0.23quarterly
2015-11-03$0.23quarterly
2015-08-07$0.23quarterly
2015-05-05$0.24quarterly
2015-02-03$0.25quarterly
2014-11-05$0.23quarterly
2014-08-07$0.24quarterly
2014-05-07$0.25quarterly
2014-02-04$0.24quarterly
2013-11-06$0.24quarterly
2013-08-08$0.24quarterly
2013-05-08$0.97quarterly
2013-02-05$0.97quarterly

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

P/E ratio19.10
PEG ratio14.23
P/B ratio1.39
ROE7.21%
Payout ratio107.39%
Current ratio1.63
Quick ratio1.55
Cash Ratio0.25

Canadian Utilities Dividend FAQ

How much is the next Canadian Utilities dividend?
Canadian Utilities's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Canadian Utilities dividend. The next Canadian Utilities dividend will be released in February, May, August, or November.
When is Canadian Utilities dividend paid?
Canadian Utilities pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Canadian Utilities pay?
The specific amount of Canadian Utilities dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Canadian Utilities's dividend history.
Does Canadian Utilities stock pay dividends?
Yes, Canadian Utilities does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Canadian Utilities's dividend history.
How much dividend does Canadian Utilities pay?
Canadian Utilities paid $1.321 in 2024, $1.33 in 2023, $1.367 in 2022, $1.408 in 2021, and $1.295 in 2020.
How often does Canadian Utilities pay dividends?
Canadian Utilities typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Canadian Utilities's dividend yield?
The current dividend yield for Canadian Utilities is 5.33%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Canadian Utilities's exact dividend yield.
When does Canadian Utilities go ex dividend?
Canadian Utilities's ex-dividend date for the latest dividend was on 2024-11-07. Canadian Utilities typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Canadian Utilities dividend paid?
Canadian Utilities pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Canadian Utilities increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Canadian Utilities will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Canadian Utilities dividend per share?
Canadian Utilities paid $1.321 per share in 2024 and $1.33 per share in 2023. The amount of dividend per share that Canadian Utilities pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Canadian Utilities a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Canadian Utilities a dividend king?
Yes, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Canadian Utilities a dividend stock?
Yes, Canadian Utilities is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Canadian Utilities a good dividend stock?
Whether Canadian Utilities is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Canadian Utilities has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Canadian Utilities pay dividends monthly?
Canadian Utilities typically pays dividends on a quarterly basis.
Does Canadian Utilities pay dividends quarterly?
Canadian Utilities currently pays dividends on a quarterly basis.
Has Canadian Utilities ever paid a dividend?
Yes, Canadian Utilities has a history of paying dividends to its shareholders. Canadian Utilities is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Canadian Utilities dividend stocks?
To buy Canadian Utilities you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Canadian Utilities stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Canadian Utilities pay dividends 2024?
Canadian Utilities pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Canadian Utilities increase its dividend in 2024?
Decisions regarding Canadian Utilities dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Canadian Utilities dividend overview you can look into the above table of dividend history.
How Canadian Utilities dividend works?
The Canadian Utilities dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Canadian Utilities's dividend process works:

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.
How are Canadian Utilities dividends paid?
Canadian Utilities dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Canadian Utilities pay dividends?
Canadian Utilities typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Canadian Utilities pay dividends?
The general pattern is that Canadian Utilities pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Canadian Utilities dividend safe?
The safety of Canadian Utilities's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

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.