Canadian Utilities Limited Class A Stock Dividends
CU.TO pays dividends quarterly. Last paid amount was $0 at Jan 31, 2024. As of today, dividend yield (TTM) is 5.58%.
Dividend Yield Range
AI Analysis of CU.TO
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 5.58% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0.91% |
| Payout Ratio | 0 |
| Amount Per Share | $0.453 |
| Next Ex-Dividend Date | May 01, 2024 |
| Next Payment Date | Jun 01, 2024 |
CU Dividend Payout History
To ensure a understanding of CU's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 01, 2024 | May 01, 2024 | Jun 01, 2024 | $0.453 | 1.50% |
| 2 | Jan 31, 2024 | Jan 31, 2024 | Jan 31, 2024 | $0 | 0% |
| 3 | Sep 12, 2023 | Nov 01, 2023 | Dec 01, 2023 | $0.449 | 1.46% |
| 4 | Jul 12, 2023 | Aug 02, 2023 | Sep 01, 2023 | $0.449 | 1.39% |
| 5 | Apr 13, 2023 | May 03, 2023 | Jun 01, 2023 | $0.449 | 1.24% |
| 6 | Jan 12, 2023 | Feb 01, 2023 | Mar 01, 2023 | $0.449 | 1.28% |
| 7 | Nov 02, 2022 | Nov 02, 2022 | Nov 02, 2022 | $0.444 | 1.24% |
| 8 | Aug 03, 2022 | Aug 03, 2022 | Aug 03, 2022 | $0.444 | 1.12% |
| 9 | May 04, 2022 | May 04, 2022 | May 04, 2022 | $0.444 | 1.16% |
| 10 | Jan 13, 2022 | Feb 02, 2022 | Mar 01, 2022 | $0.444 | 1.25% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
CU Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from CU dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in CU stock here.
Comparing CU to Sector and Country
CU.TO pays a solid dividend yield of 5.58%, which is higher than the average of the bottom 25% of dividend payers in the CA market (2.01%). CU.TO’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the CA market (7.18%), which means that there are more attractive dividend stocks to consider.
