Canadian Utilities Limited (TSE:CU – Get Free Report) announced a quarterly dividend on Thursday, November 5th. Investors of record on Tuesday, December 1st will be given a dividend of $0.4623 per share on Tuesday, December 1st. This represents a $1.85 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Thursday, November 5th.
Canadian Utilities Stock Performance
Shares of TSE CU opened at C$52.68 on Friday. The company has a debt-to-equity ratio of 184.88, a current ratio of 1.80 and a quick ratio of 1.30. The stock’s fifty day moving average price is C$50.52 and its two-hundred day moving average price is C$49.96. Canadian Utilities has a one year low of C$39.00 and a one year high of C$56.90. The firm has a market cap of C$14.35 billion, a price-to-earnings ratio of 329.25, a P/E/G ratio of 2.38 and a beta of 0.40.
Canadian Utilities Company Profile
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company’s main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.
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