Canadian Utilities (CU) Declares Quarterly Dividend of C$0.27
Canadian Utilities (TSE:CU) announced a Quarterly dividend on Tuesday, February 4th, Analyst RN reports. Investors of record on Saturday, March 1st will be paid a dividend of 0.2675 per share on Saturday, March 1st. This represents a dividend yield of 2.9%. The ex-dividend date is Tuesday, February 4th.
Canadian Utilities (TSE:CU) opened at 37.71 on Tuesday. Canadian Utilities has a 1-year low of $33.47 and a 1-year high of $41.68. The stock’s 50-day moving average is $36.21 and its 200-day moving average is $36.. The company has a market cap of $9.806 billion and a price-to-earnings ratio of 16.77.
Canadian Utilities Limited is a holding company. The Company operates in four segments: Utilities includes the regulated distribution of natural gas by ATCO Gas, , and the regulated distribution and transmission of electricity by ATCO Electric and its subsidiaries, Northland Utilities, Northland Utilities and Yukon Electrical; Energy includes the non-regulated supply of electricity and cogeneration steam by ATCO Power, and the non-regulated natural gas gathering, processing, storage, and natural gas liquids extraction by ATCO Midstream; ATCO Australia includes the non-regulated supply of electricity and cogeneration steam by ATCO Power Australia, and as of July 29, 2011, the regulated distribution of natural gas by ATCO Gas Australia and the development, operation and support of information systems and technologies by ATCO I-Tek Australia, and Corporate and Other includes its investment in ATCO Structures & Logistics.
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