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Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. It operates through three segments: Transmission Business, Distribution Business, and Other. The company owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and 125,000 circuit kilometers of primary low-voltage distribution network. It serves approximately 1.5 million residential, small business, commercial, and industrial customers. The company also provides telecommunications support services for its transmission and distribution businesses; and information and communications technology services and solutions. Hydro One Limited was incorporated in 2015 and is headquartered in Toronto, Canada.

Hydro One Dividend Announcement

Hydro One announced a quarterly dividend of $0.31 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-11
Hydro One annual dividend for 2024 was $0.92
Hydro One annual dividend for 2023 was $1.17
Hydro One's trailing twelve-month (TTM) dividend yield is 3.45%
Hydro One's payout ratio for the trailing twelve months (TTM) is 64.20%
Hydro One's dividend growth over the last five years (2018-2023) was 5.13% year

Hydro One Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-11$0.31quarterly2024-09-27
2024-06-12$0.31quarterly2024-06-28
2024-03-12$0.30quarterly
2023-12-12$0.30quarterly2023-12-29
2023-09-12$0.30quarterly2023-09-29
2023-06-06$0.30quarterly2023-06-30
2023-03-14$0.28quarterly2023-03-31
2022-12-13$0.28quarterly2022-12-30
2022-09-13$0.28quarterly2022-09-29
2022-06-07$0.28quarterly2022-06-30
2022-03-15$0.27quarterly2022-03-31
2021-12-07$0.27quarterly2021-12-31
2021-09-07$0.27quarterly2021-09-30
2021-06-08$0.27quarterly2021-06-30
2021-03-16$0.25quarterly2021-03-31
2020-12-08$0.25quarterly2020-12-31
2020-09-08$0.25quarterly2020-09-30
2020-06-09$0.25quarterly2020-06-30
2020-03-10$0.24quarterly2020-03-31
2019-12-10$0.24quarterly2019-12-31
2019-09-11$0.24quarterly2019-09-30
2019-06-11$0.24quarterly2019-06-28
2019-03-12$0.23quarterly2019-03-29
2018-12-10$0.23quarterly2018-12-31
2018-09-10$0.23quarterly2018-09-28
2018-06-11$0.23quarterly2018-06-29
2018-03-12$0.22quarterly2018-03-29
2017-12-11$0.22quarterly2017-12-29
2017-09-11$0.22quarterly2017-09-29
2017-06-09$0.22quarterly2017-06-30
2017-03-10$0.21quarterly2017-03-31
2016-12-12$0.21quarterly
2016-09-12$0.21quarterly
2016-06-10$0.21quarterly
2016-03-15$0.34quarterly

Hydro One Dividend per year

Hydro One Dividend growth

Hydro One Dividend Yield

Hydro One current trailing twelve-month (TTM) dividend yield is 3.45%. Interested in purchasing Hydro One stock? Use our calculator to estimate your expected dividend yield:

Hydro One Financial Ratios

P/E ratio23.77
PEG ratio0.70
P/B ratio2.24
ROE9.54%
Payout ratio64.20%
Current ratio0.40
Quick ratio0.39
Cash Ratio0.02

Hydro One Dividend FAQ

How much is the next Hydro One dividend?
Hydro One's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hydro One dividend. The next Hydro One dividend will be released in March, June, September, or December.
When is Hydro One dividend paid?
Hydro One pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. 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 Hydro One pay?
The specific amount of Hydro One 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 Hydro One's dividend history.
Does Hydro One stock pay dividends?
Yes, Hydro One 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 Hydro One's dividend history.
How much dividend does Hydro One pay?
Hydro One paid $0.925 in 2024, $1.169 in 2023, $1.105 in 2022, $1.052 in 2021, and $1.002 in 2020.
How often does Hydro One pay dividends?
Hydro One 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 March, June, September, and December.
What is Hydro One's dividend yield?
The current dividend yield for Hydro One is 3.45%. 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 Hydro One's exact dividend yield.
When does Hydro One go ex dividend?
Hydro One's ex-dividend date for the latest dividend was on 2024-09-11. Hydro One 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 Hydro One dividend paid?
Hydro One pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Hydro One 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 Hydro One 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 Hydro One dividend per share?
Hydro One paid $0.925 per share in 2024 and $1.169 per share in 2023. The amount of dividend per share that Hydro One 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 Hydro One 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 Hydro One a dividend king?
No, 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 Hydro One a dividend stock?
Yes, Hydro One is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hydro One a good dividend stock?
Whether Hydro One is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hydro One has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Hydro One 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 Hydro One pay dividends monthly?
Hydro One typically pays dividends on a quarterly basis.
Does Hydro One pay dividends quarterly?
Hydro One currently pays dividends on a quarterly basis.
Has Hydro One ever paid a dividend?
Yes, Hydro One has a history of paying dividends to its shareholders. Hydro One is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hydro One dividend stocks?
To buy Hydro One 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 Hydro One 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 Hydro One pay dividends 2024?
Hydro One pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-27. 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 Hydro One increase its dividend in 2024?
Decisions regarding Hydro One 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 Hydro One dividend overview you can look into the above table of dividend history.
How Hydro One dividend works?
The Hydro One 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 Hydro One's dividend process works:

1. Determination of Dividend: Hydro One'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, Hydro One 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, Hydro One 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 Hydro One 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 Hydro One dividends paid?
Hydro One dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Hydro One 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, Hydro One distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Hydro One 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 Hydro One pay dividends?
Hydro One 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 Hydro One pay dividends?
The general pattern is that Hydro One pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Hydro One dividend safe?
The safety of Hydro One'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 Hydro One'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 Hydro One'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.