Hydro One Ltd (TSE:H) announced a quarterly dividend on Thursday, November 7th, Zacks reports. Investors of record on Wednesday, December 11th will be paid a dividend of 0.242 per share on Tuesday, December 31st. This represents a $0.97 annualized dividend and a dividend yield of 3.72%. The ex-dividend date of this dividend is Tuesday, December 10th.

Shares of Hydro One stock opened at C$26.04 on Monday. The firm’s 50 day moving average is C$24.51 and its 200 day moving average is C$23.88. The firm has a market capitalization of $15.54 billion and a PE ratio of -112.73. Hydro One has a 1 year low of C$19.43 and a 1 year high of C$26.04. The company has a current ratio of 0.39, a quick ratio of 0.35 and a debt-to-equity ratio of 127.80.

Hydro One (TSE:H) last issued its quarterly earnings data on Thursday, November 7th. The company reported C$0.40 earnings per share for the quarter, topping the consensus estimate of C$0.36 by C$0.04. The business had revenue of C$1.59 billion during the quarter. As a group, research analysts anticipate that Hydro One will post 1.39 earnings per share for the current year.

Several equities research analysts have recently weighed in on H shares. UBS Group increased their price target on Hydro One from C$21.00 to C$23.00 in a research note on Friday, September 6th. Raymond James reaffirmed a “market perform” rating and issued a C$25.00 price objective on shares of Hydro One in a research note on Friday, November 8th. TD Securities upped their target price on Hydro One from C$22.00 to C$23.00 and gave the company a “hold” rating in a report on Friday, November 8th. BMO Capital Markets increased their target price on shares of Hydro One from C$24.00 to C$25.00 in a research report on Monday, September 9th. Finally, Royal Bank of Canada raised their price target on shares of Hydro One from C$25.00 to C$26.00 in a report on Wednesday, August 21st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of C$24.39.

Hydro One Company Profile

Hydro One Limited, through its subsidiaries, operates as an electrical transmission and distribution company in Ontario. It operates through three segments: Transmission, Distribution, and Other Business. The company owns and operates approximately 123,000 circuit kilometers of low-voltage distribution network.

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Dividend History for Hydro One (TSE:H)

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