Canadian Utilities dividend calculator – Canadian Utilities Ltd Declares 0.4486 Cash Dividend

Dividends Yield

Canadian Utilities dividend calculator – Canadian Utilities ($TSX:CU) Ltd has declared a 0.4486 cash dividend on February 1, 2023. If you’re looking for a promising dividend stock, Canadian Utilities may be the right choice for you. Canadian Utilities Ltd has been steadily increasing its dividends per share over the past three years, with an average dividend yield of 4.95%. In 2020, the dividend per share was 1.77 CAD and yielded 4.72%, in 2021 it was 1.76 CAD and yielded 5.17%, and in 2022 it was 1.74 CAD and yielded 4.97%. The ex-dividend date for this year is February 1st 2023. Canadian Utilities Ltd is a diversified global corporation based in Alberta, Canada. It provides electricity, natural gas and other energy-related products and services to residential, commercial and industrial customers across Canada and around the world.

The company also operates in other industries such as water treatment, telecommunications and technology solutions. Canadian Utilities Ltd has a strong commitment to safety, reliability, customer service, innovation and sustainability. It has a proven track record of successfully developing, building and operating energy infrastructure for more than a century. Canadian Utilities Ltd is well-positioned to continue providing reliable energy services for many years to come. For those looking for a reliable dividend stock with a solid track record of growth, Canadian Utilities Ltd is worth considering. With a consistent dividend yield and ex-dividend date, investors can count on receiving their dividend payments on time each year.

Share Price

In addition, Canadian Utilities Ltd stock opened at CA$36.5 and closed at CA$36.5, down by 1.4% from last closing price of 37.0. This decrease in stock price was likely due to investors taking profit from the dividend payments, as well as the broader market conditions. The company’s portfolio includes power generation, transmission and distribution, natural gas storage and pipelines, retail energy sales, and industrial water solutions. Canadian Utilities Ltd has a long history of paying dividends to its shareholders.

This dividend payment is an indication of the company’s strong financial position and commitment to rewarding its shareholders. Canadian Utilities Ltd will continue to monitor market conditions and actively adjust its dividend payments accordingly. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Canadian Utilities. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Canadian Utilities. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Canadian Utilities. More…

Key Ratios Snapshot

Some of the financial key ratios for Canadian Utilities are shown below. More…

Analysis – Canadian Utilities Intrinsic Value Calculator

CANADIAN UTILITIES is currently undervalued according to GoodWhale’s analysis of its fundamentals. GoodWhale’s proprietary Valuation Line has calculated the intrinsic value of CANADIAN UTILITIES shares to be CA$39.6. At the current market price of CA$36.5, CANADIAN UTILITIES is undervalued by 7.9%. This presents investors with an opportunity to purchase the stock at a discounted price and reap the benefits when the stock eventually rises to its intrinsic value. Investors should conduct their own research and analysis of CANADIAN UTILITIES before investing. This includes assessing the financial health of the company, its performance in recent years, and its future prospects. Factors such as the company’s competitive position, business model, management team, and industry trends should also be taken into consideration. Investors should also consider any political or economic risks that may affect the stock price. Ultimately, whether or not to invest in CANADIAN UTILITIES is a decision for each individual investor to make. However, it is clear that the stock is currently undervalued and presents a good opportunity for investors to take advantage of. More…

Peers

It is one of the largest investor-owned utilities in Canada. The company’s competitors include Just Energy Group Inc, OGE Energy Corp, Iren SpA.

– Just Energy Group Inc ($TSXV:JE)

DOGE Energy Corp is a publicly traded company with a market capitalization of 7 billion as of 2022. The company’s return on equity is 18.7%. DOGE Energy Corp is engaged in the exploration, production and marketing of natural gas and oil. The company has operations in the United States, Canada and Trinidad and Tobago.

– OGE Energy Corp ($NYSE:OGE)

Iren SpA is an Italian holding company engaged in the production and sale of electricity and gas. The Company operates through four segments: Networks, which includes electricity and gas networks; Customers, which includes customers; Plants, which includes production plants; and Other, which includes all other activities. As of December 31, 2011, Iren SpA had a total installed capacity of 3,114 megawatts. The Company had a customer base of over 6.6 million customers in Italy, France and Spain.

Summary

CANADIAN UTILITIES is an attractive option for investors looking for consistent dividend income. Over the past three years, the company has paid out dividends of 1.77, 1.76 and 1.74 CAD per share, providing investors with an average yield of 4.95%. The ex-dividend date for this year is February 1st 2023, giving investors the opportunity to take advantage of this generous yield.

This suggests that CANADIAN UTILITIES is undervalued relative to its peers and should be considered a potential investment option. Overall, CANADIAN UTILITIES is a good choice for those looking for a consistent dividend income and potential price appreciation.