Canadian Utilities Limited (TSE:CU) Director Siegfried W. Kiefer sold 20,000 shares of the company’s stock in a transaction on Friday, March 9th. The shares were sold at an average price of C$34.00, for a total transaction of C$680,000.00.
Shares of Canadian Utilities Limited (TSE CU) traded up C$0.34 during trading hours on Monday, hitting C$34.21. 129,500 shares of the company’s stock were exchanged, compared to its average volume of 233,353. The firm has a market capitalization of $9,160.00, a PE ratio of 22.21 and a beta of 0.13. Canadian Utilities Limited has a 52 week low of C$33.37 and a 52 week high of C$42.44.
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 1st. Shareholders of record on Thursday, February 8th were issued a dividend of $0.393 per share. This represents a $1.57 dividend on an annualized basis and a dividend yield of 4.60%. This is a boost from Canadian Utilities’s previous quarterly dividend of $0.36. The ex-dividend date was Wednesday, February 7th. Canadian Utilities’s dividend payout ratio is 92.86%.
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About Canadian Utilities
Canadian Utilities Limited is a global enterprise company. Its segments include Electricity, Pipeline & Liquids, and Corporate & Other. Its Electricity segment’s activities are conducted through two regulated businesses; ATCO Electric Distribution and ATCO Electric Transmission, and three non-regulated businesses, ATCO Power, ATCO Power Australia and Alberta PowerLine (APL).
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