Hydro One Limited to Issue Quarterly Dividend of $0.33 (TSE:H)

Hydro One Limited (TSE:H) announced a quarterly dividend on Wednesday, December 10th, TickerTech Dividends reports. Stockholders of record on Wednesday, December 31st will be paid a dividend of 0.3331 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, December 10th.

Hydro One Price Performance

Shares of Hydro One stock opened at C$53.05 on Monday. The company has a quick ratio of 0.30, a current ratio of 0.58 and a debt-to-equity ratio of 140.53. The stock has a market capitalization of C$31.82 billion, a price-to-earnings ratio of 24.45, a price-to-earnings-growth ratio of 3.17 and a beta of 0.25. Hydro One has a twelve month low of C$42.52 and a twelve month high of C$55.47. The company has a 50-day simple moving average of C$52.28 and a two-hundred day simple moving average of C$50.48.

Hydro One (TSE:H) last announced its earnings results on Thursday, November 13th. The company reported C$0.70 earnings per share (EPS) for the quarter. Hydro One had a net margin of 13.59% and a return on equity of 9.58%. The firm had revenue of C$1.22 billion for the quarter. Analysts forecast 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.