Hydro One Limited Plans Quarterly Dividend of $0.35 (TSE:H)

Hydro One Limited (TSE:H) announced a quarterly dividend on Wednesday, September 9th. Stockholders of record on Tuesday, September 29th will be paid a dividend of 0.3531 per share on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Wednesday, September 9th.

Hydro One Stock Performance

Shares of TSE H opened at C$53.11 on Monday. The business’s 50 day moving average is C$56.95 and its two-hundred day moving average is C$57.60. The company has a debt-to-equity ratio of 154.61, a current ratio of 0.88 and a quick ratio of 0.30. Hydro One has a 1-year low of C$48.22 and a 1-year high of C$60.57. The stock has a market capitalization of C$31.87 billion, a P/E ratio of 22.50, a PEG ratio of 3.17 and a beta of 0.23.

Hydro One (TSE:H) last posted its quarterly earnings data on Wednesday, August 12th. The company reported C$0.62 earnings per share (EPS) for the quarter. The business had revenue of C$1.23 billion during the quarter. Hydro One had a return on equity of 11.08% and a net margin of 14.87%. As a group, research analysts expect that Hydro One will post 2.0572195 EPS for the current year.

Hydro One Company Profile

Hydro One operates regulated transmission and distribution assets in Ontario. The area’s largest electricity provider serves nearly 1.5 million customers. Transmission accounts for roughly 60% of the company’s rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business, Acronym Solutions, with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47% common equity stake.