Hello everyone, hope you are all doing great. Increases Common Share Dividend for the 48. th.

2 Helpful COVID-19 Tax Breaks the CRA Is Handing Out, 1 Huge Warning Sign Investors Missed This Week, 7 Big-Name Stocks to Watch Amid Election Volatility, TFSA Investors: A Rare Opportunity to Buy This Top TSX Stock for Dirt Cheap, 3 Best TSX-Listed Stocks for Passive Income, TFSA Millennials: Investing $300 a Month Can Make You a Millionaire. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. More information can be found at www.canadianutilities.com. © 2020 GlobeNewswire, Inc. All Rights Reserved. Shares of the utility giant currently offer a stellar dividend yield of 5.4%. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Today I am back with another dividend increase to share with you. Follow All About The Dividends on WordPress.com. (Dennis) DeChamplainExecutive Vice President & Chief Financial Officer403-292-7502. Investors should note that the rate-regulated business and predictable cash flows make utility stocks immune to the high volatility in the stock market. Algonquin Power & Utilities (TSX:AQN)(NYSE:AQN) is the third stock that should be on your watch if you are looking for solid passive income. Dividend Coverage. Change ), You are commenting using your Google account. Dividend growth rate (5-yr, annualized): 6.83%. With almost all of its earnings coming from the rate-regulated utility assets, Fortis (TSX:FTS)(NYSE:FTS) is another top stock for investors to generate solid passive income.

Yesterday the 9th of January the Board of Directors of Canadian Utilities Limited announced a quarterly dividend increase from CA$ 0.4227 to CA$ 0.4354 per share that’s payable March 1, 2020 to holders of record February 6, 2020. PDF available: http://ml.globenewswire.com/Resource/Download/0873c1d7-336a-4992-af3c-5d8580a80884. To learn more about it and its revolutionary potential to change the industry — and potentially your bank account — click on the link below to get the full scoop.

With approximately 5,000 employees and assets of $22 billion, Canadian Utilities Limited is an ATCO company. Fortis projects a 6% increase in its dividends annually through 2024 and currently offers a dividend yield of 3.6%. The Board of Directors of Canadian Utilities Limited, an ATCO Company, today declared a first quarter dividend of 43.54 cents per Class A non-voting (TSX:CU) and Class B common share (TSX:CU.X), a three per cent increase over the 42.27 cents paid in each of the four previous quarters. Speaking of capital appreciation, take a look at this report: 5G is one of the greatest arrivals in technology since the birth of the internet. CANADIAN UTILITIES LIMITED ELIGIBLE DIVIDENDS . Moreover, the company expects its rate base to increase by 7% annually through 2024 to $38.4 billion, which is encouraging. The low-risk and regulated business of these utility companies imply that investors can expect a stable passive income. Its continued focus on expanding and diversifying its business through investment opportunities in infrastructure and renewable power bodes well for growth. Congrats on the raise! 5G has the potential to radically change our lives and society as we know it, but if you’re an investor, the implications are even greater — and potentially much more lucrative.

Returns since inception, October 2013. Canadian Utilities has the longest record of dividend increases compared to any other publicly traded Canadian company, … I wrote this last weekend. Canadian Utilities is a leading dividend payer.

Dividend Leadership. Certain statements contained in this news release may constitute forward-looking information. Market value: $7.5 billion Dividend yield: 4.0% Analysts' opinion: 7 Strong Buy, 0 Overweight, 3 Hold, 0 Underweight, 0 Sell Toronto-based Algonquin Power & Utilities … Change ). The dividend payout ratio of Canadian Utilities is 79.09%. I understand I can unsubscribe from these updates at any time. Shares of Algonquin Power & Utilities currently offer a high dividend yield of 4.4%. The Company believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. The Board of Directors of Canadian Utilities Limited, an ATCO Company, today declared a first quarter dividend of 43.54 cents per Class A non-voting … The company derives the majority of its revenues and earnings from the rate-regulated utility assets and generates predictable cash flows, which supports its payouts. The company has raised its dividends by 10% annually for 10 years in a row and could continue to increase it further in the coming years, thanks to its business expansion, cost-cutting measures, and stable cash flows. CALGARY, Alberta, Jan. 09, 2020 (GLOBE NEWSWIRE) -- Canadian Utilities Limited (TSX: CU, CU.X). ( Log Out /  Top 326 Utilities Sector Dividend Stocks, ETFs and Funds in 2020 The utilities sector is a broad category of firms that provide basic amenities and services for customers. This raise marks the 17th consecutive year that Texas Instruments has raised their dividend.

The Board also declared the following Cumulative Redeemable Second Preferred Share Dividends: These dividends are eligible dividends within the meaning of the Income Tax Act (Canada). The Company disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation. The common share dividend value represents a 5.8-per-cent increase over the previous quarterly dividend.”. Meanwhile, its renewable energy business also remains strong thanks to the long-term contractual arrangements and inflation indexation. Any forward-looking information contained in this news release represents the Company’s expectations as of the date hereof and is subject to change after such date. The Motley Fool recommends FORTIS INC. Not to alarm you, but you’re about to miss an important event. With the raise my quarterly income will increase by $2.76 and $11.04 annually. The company’s majority of revenues come from the regulated utility assets, which provides stability. Change ), You are commenting using your Twitter account. This represents a 3.08% increase to the last quarter dividend.

Dividend Growth. The company sports an impressive dividend yield of 4.3% and has compounded its dividend growth at … This week September 21st to 25th I’m hoping for a couple more raises from Fortis and Lockheed Martin so I may have a couple more posts coming your way.

( Log Out /  In 2019, Canadian Utilities generated about 95% of its adjusted earnings from the regulated utility business. Canadian Utilities Limited is a diversified global energy infrastructure corporation delivering service excellence and innovative business solutions in Electricity (electricity generation, transmission and distribution), Pipelines & Liquids (natural gas transmission, distribution and infrastructure development; and energy storage and industrial water solutions) and Retail Energy (electricity and natural gas retail sales). The last, but not least, company to be reviewed in our top 20 for 2020 is the most stable Canadian utility: Fortis. All these companies generate predictable cash flows, and with consistent rate base growth, investors can expect dividends to increase further in the coming years. CALGARY, Alberta – Canadian Utilities Limited (TSX: CU, CU.X) The Board of Directors of Canadian Utilities Limited, an ATCO Company, today declared a first quarter consecutive year . The Motley Fool Canada » Dividend Stocks » 3 Top Utility Stocks for Passive Income, Sneha Nahata | September 16, 2020 | More on: AQN FTS AQN CU FTS. Moreover, long-term investors are also likely to benefit from capital appreciation. The ex-dividend date is the 16th day of January, 2020. Fortis already declared a dividend increase as of yesterday. Change ), You are commenting using your Facebook account. The 2020 Dividend represents a 14% increase from the regular dividend ($0.07 per share) the Corporation paid in 2019.



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