Canadian Utilities Limited (TSE:CU) Director Siegfried W. Kiefer sold 20,000 shares of the business’s stock in a transaction on Friday, March 9th. The stock was sold at an average price of C$34.00, for a total transaction of C$680,000.00.
Canadian Utilities Limited (TSE CU) traded up C$0.34 on Monday, reaching C$34.21. 129,500 shares of the company traded hands, compared to its average volume of 233,353. The firm has a market capitalization of $9,160.00, a PE ratio of 22.21 and a beta of 0.13. Canadian Utilities Limited has a 1 year low of C$33.37 and a 1 year high of C$42.44.
The business also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Investors of record on Thursday, February 8th were issued a $0.393 dividend. The ex-dividend date was Wednesday, February 7th. This is a boost from Canadian Utilities’s previous quarterly dividend of $0.36. This represents a $1.57 annualized dividend and a yield of 4.60%. Canadian Utilities’s dividend payout ratio is currently 92.86%.
COPYRIGHT VIOLATION NOTICE: “Siegfried W. Kiefer Sells 20,000 Shares of Canadian Utilities Limited (CU) Stock” was first published by American Banking News and is the property of of American Banking News. If you are accessing this story on another site, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this story can be read at https://www.americanbankingnews.com/2018/03/12/siegfried-w-kiefer-sells-20000-shares-of-canadian-utilities-limited-cu-stock.html.
About Canadian Utilities
Canadian Utilities Limited is a global enterprise company. Its segments include Electricity, Pipeline & Liquids, and Corporate & Other. Its Electricity segment’s activities are conducted through two regulated businesses; ATCO Electric Distribution and ATCO Electric Transmission, and three non-regulated businesses, ATCO Power, ATCO Power Australia and Alberta PowerLine (APL).
Receive News & Ratings for Canadian Utilities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Utilities and related companies with MarketBeat.com's FREE daily email newsletter.