Canadian Utilities Stock

Canadian Utilities Dividend 2024

Canadian Utilities Dividend

1.79 CAD

Canadian Utilities Dividend yield

5.13 %

Ticker

CU.TO

ISIN

CA1367178326

WKN

868439

How much dividend does Canadian Utilities 2024 pay?

According to the latest status from November 2024, Canadian Utilities paid a total of 1.79 CAD per share in dividends within the last 12 months. With the current Canadian Utilities price of 34.98 CAD, this corresponds to a dividend yield of 5.13 %. A dividend is paid times per year.

5.13 % Dividend Yield=
1.79 CAD Dividend
34.98 CAD Stock Price

Historical Canadian Utilities Dividends

A dividend is paid times per year. Last year, the payout months were March, June, September and December.

PaydateDividend
12/7/20240.45
9/8/20240.45
6/1/20240.45
3/2/20240.45
12/1/20230.45
9/2/20230.45
6/3/20230.45
3/1/20230.45
12/2/20220.44
9/3/20220.44
6/4/20220.44
3/2/20220.44
12/3/20210.44
9/4/20210.44
6/5/20210.44
3/3/20210.44
12/4/20200.44
9/5/20200.44
6/6/20200.44
3/5/20200.44
1
2
3
4
5
...
7

Canadian Utilities dividend history and estimates

In 2023, Canadian Utilities paid a dividend amounting to 1.79 CAD. Dividend means that Canadian Utilities distributes a portion of its profits to its owners.
  • 3 years

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Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Canadian Utilities provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Canadian Utilities’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Canadian Utilities's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Canadian Utilities Dividend History

DateCanadian Utilities Dividend
2026e1.77 undefined
2025e1.78 undefined
2024e1.77 undefined
20231.79 undefined
20221.78 undefined
20211.76 undefined
20201.74 undefined
20191.69 undefined
20181.57 undefined
20171.43 undefined
20161.3 undefined
20151.18 undefined
20141.07 undefined
20130.97 undefined
20120.89 undefined
20110.81 undefined
20100.76 undefined
20090.71 undefined
20080.67 undefined
20070.63 undefined
20060.58 undefined
20050.55 undefined
20040.53 undefined

Is the Canadian Utilities Dividend Safe?

Canadian Utilities has been increasing the dividend for 33 years.

Over the past 10 years, Canadian Utilities has increased it by an annual 6.344 %.

Over a five-year period, the distribution increased by 2.666%.

Analysts expect a Dividend Cut of -0.704% for the current fiscal year.

Canadian Utilities dividend payout ratio

In 2023, Canadian Utilities had a payout ratio of 120.98%. The payout ratio indicates the percentage of the company's profits that Canadian Utilities distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Canadian Utilities represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Canadian Utilities could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Canadian Utilities's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Canadian Utilities Payout Ratio History

DateCanadian Utilities Payout ratio
2026e115.47 %
2025e108.11 %
2024e117.33 %
2023120.98 %
202286.02 %
2021144.98 %
2020131.94 %
201952.19 %
201875.63 %
201786.14 %
201663.11 %
2015105.36 %
201442.97 %
201346.86 %
201244.25 %
201144.23 %
201046.89 %
200938.11 %
200840.3 %
200740.58 %
200644.92 %
200552.88 %
200443.8 %

Dividend Details

Understanding Canadian Utilities's Dividend Distributions

Canadian Utilities’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Canadian Utilities's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Canadian Utilities's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Canadian Utilities’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Canadian Utilities Aktienanalyse

What does Canadian Utilities do?

Canadian Utilities Ltd is a Calgary-based electricity and gas company that has been in operation since 1927. It is part of the ATCO Group and a subsidiary of ATCO Ltd. The company has earned a good reputation in Canada and other countries and is seen as a trusted partner in the electricity and gas industry. History Canadian Utilities Ltd was founded in 1927 by Ronald D. Southern in Airdrie, Alberta. The company's success led to expansion into other provinces and eventually international business. Over the years, the company has changed through many mergers, acquisitions, and partnerships. One of the largest acquisitions occurred in 1998 when the company purchased Western Canada Natural Gas Company Ltd. and integrated it into its existing gas business. This proved that the company is always willing to adapt and evolve in the market. Business Model Canadian Utilities Ltd's business model is based on three main segments: electricity, gas, and airport services. These three segments have proven to be robust and stable, providing a solid foundation for the growth of Canadian Utilities Ltd. The company aims to further expand these areas through contracts with customers, acquisitions, and organic growth to provide more energy and airport solutions. Segments Electricity Business Canadian Utilities Ltd is involved in electricity generation, transmission, and distribution, serving customers in Alberta, British Columbia, and Australia. The company operates multiple power plants, including renewable energy sources such as wind and solar power to enable environmentally conscious electricity generation. The lines and networks are regularly updated to ensure reliability and quality of power supply. Gas Business Canadian Utilities Ltd's gas business is diverse and includes both natural gas and liquefied gas operations. Additionally, the company also provides a range of services related to gas distribution and safety, such as gas facility inspection and pipeline repair. Canadian Utilities Ltd also operates a pipeline network for natural gas distribution in Alberta and Saskatchewan. Airport Services Canadian Utilities Ltd also offers complete solutions for airports, including construction, operation, and maintenance of runways, aircraft handling, passenger facilities, and security systems. The company focuses on major airports and has operations in Sydney (Australia) and Edmonton (Canada). Products and Services Canadian Utilities Ltd offers a variety of products and services for electricity and gas supply, including: - Electricity and gas supply for households and businesses in Alberta and British Columbia - Construction and maintenance of renewable energy power plants - Gas distribution in Alberta and Saskatchewan - Energy solutions for industry and agriculture - Airport services for major airports Conclusion Overall, Canadian Utilities Ltd has evolved into a leading company in the electricity and gas industry over the years. The company specializes in renewable energy and is focused on renewable energy projects. With its three main segments and a focus on customer satisfaction, Canadian Utilities Ltd has established a stable foundation for growth and sets the standards for the energy industry and airport services. Canadian Utilities is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Canadian Utilities stock

How much dividend does Canadian Utilities pay?

Over the past 12 months, Canadian Utilities paid a dividend of 1.79 CAD . This corresponds to a dividend yield of about 5.13 %. For the coming 12 months, Canadian Utilities is expected to pay a dividend of 1.78 CAD.

What is the dividend yield of Canadian Utilities?

The current dividend yield of Canadian Utilities is 5.13 %.

When does Canadian Utilities pay dividends?

Canadian Utilities pays a quarterly dividend. This is distributed in the months of February, June, September, December.

How secure is the dividend of Canadian Utilities?

Canadian Utilities paid dividends every year for the past 23 years.

What is the dividend of Canadian Utilities?

For the upcoming 12 months, dividends amounting to 1.78 CAD are expected. This corresponds to a dividend yield of 5.1 %.

In which sector is Canadian Utilities located?

Canadian Utilities is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Canadian Utilities kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Canadian Utilities from 12/1/2024 amounting to 0.453 CAD, you needed to have the stock in your portfolio before the ex-date on 11/7/2024.

When did Canadian Utilities pay the last dividend?

The last dividend was paid out on 12/1/2024.

What was the dividend of Canadian Utilities in the year 2023?

In the year 2023, Canadian Utilities distributed 1.777 CAD as dividends.

In which currency does Canadian Utilities pay out the dividend?

The dividends of Canadian Utilities are distributed in CAD.

Andere Kennzahlen von Canadian Utilities

Our stock analysis for Canadian Utilities Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Canadian Utilities Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.