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Canadian Utilities (CU) Dividend Yield, Date & History

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C$34.83 -0.32 (-0.91%)
(As of 01:50 PM ET)

Canadian Utilities Dividend Summary

Dividend Yield
5.20%
Annual Dividend
C$1.81
Recent
Dividend Payment
Dec. 1
Dividend Payout Ratio
91.41%

Canadian Utilities (CU) pays an annual dividend of C$1.81 per share, with a dividend yield of 5.20%. The next payment of C$0.45 per share was paid on Sunday, December 1, to investors who owned the stock before the ex-dividend date of Thursday, November 7. The company currently pays out 91.41% of its earnings and 57.33% of its cash flow as dividends.

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CU Dividend Payments by Quarter

The chart below displays up to four years of Canadian Utilities' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

CU Dividend Yield Over Time

The chart below tracks Canadian Utilities' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Canadian Utilities vs. The Competition

Compare Canadian Utilities' annual dividend, yield, and 3-year growth rate with averages for Utilities and TSE companies to evaluate its performance against the market.

TypeCanadian UtilitiesUtilities CompaniesTSE Companies
Annual DividendC$1.81C$0.04C$1.05
Dividend Yield5.20%4.04%5.76%

Canadian Utilities Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings91.41%
Based on This Year's Estimate75.22%
Based on Cashflow57.33%

Canadian Utilities Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/10/2024Quarterly$0.4530 - 5.09%11/7/202411/7/202412/1/2024
7/11/2024Quarterly$0.4530 - 5.93%8/8/20248/8/20249/1/2024
4/11/2024Quarterly$0.4530 - 6.01%5/1/20245/2/20246/1/2024
1/11/2024Quarterly$0.4530+$0.0040
0.89%
5.69%1/31/20242/1/20243/1/2024
9/12/2023Quarterly$0.4490 - 5.76%11/1/202311/2/202312/1/2023
7/12/2023Quarterly$0.4490 - 5.28%8/2/20238/3/20239/1/2023
4/13/2023Quarterly$0.4490 - 4.66%5/3/20235/4/20236/1/2023
1/12/2023Quarterly$0.4490+$0.0050
1.13%
4.75%2/1/20232/2/20233/1/2023

This table shows Canadian Utilities' dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Canadian Utilities Dividend - Frequently Asked Questions

The current dividend yield for Canadian Utilities is 5.20%. Learn more on CU's dividend yield history.

The annual dividend for CU shares is C$1.81. Learn more on CU's annual dividend history.

Canadian Utilities pays quarterly dividends to shareholders.

Canadian Utilities's most recent quarterly dividend payment of C$0.45 per share was made to shareholders on Sunday, December 1, 2024.

Canadian Utilities's most recent ex-dividend date was Thursday, November 7, 2024.

The most recent change in the company's dividend was an increase of C$0.00 on Thursday, January 11, 2024.

The dividend payout ratio for CU is:
  • 91.41% based on the trailing year of earnings
  • 75.22% based on this year's estimates
  • 57.33% based on cash flow

Canadian Utilities' dividend yield of 5.09% is higher than the average Utilities company that issues a dividend. Canadian Utilities' dividend payout ratio of 91.41% may not be sustainable.

Looking at the stock as a whole, market analysts rate Canadian Utilities stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (TSE:CU) was last updated on 12/18/2024 by MarketBeat.com Staff
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