Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. At the time of the last dividend payment, Canadian Utilities was paying out a very large proportion of what it was earning and 113% of cash flows. This is certainly a risk factor, as reduced cash flows could force the company to pay a lower dividend. EPS is set to grow by 8.2% over the next year. Assuming the dividend continues along rec...
The company has been paying a dividend for a long time, and it has been quite stable which gives us confidence in the future dividend potential. Since 2013, the annual payment back then was CA$0.885, compared to the most recent full-year payment of CA$1.79. This works out to be a compound annual growth rate (CAGR) of approximately 7.3% a year over that time. The growth of the dividend has been pretty reliable, so we think this can offer investors some n...
Canadian Utilities Limited ($Canadian Utilities Ltd (CU.CA)$) will pay a dividend of CA$0.4486 on the 1st of December. Based on this payment, the dividend yield on the company's stock will be 5.7%, which is an attractive boost to shareholder returns.
$Canadian Utilities Ltd (CU.CA)$In the last 12 months, CU stock had a 67% gross profit margin, a 17% net margin, and an 11.3% return on equity. These ratios imply that CU is a profitable company. With key interest rates expected to go down this year, the company’s profitability is likely to improve. Generating recurring income through long-term contracts, its debt might be the only factor weighing its financials.
Canadian Utilities Ltd Stock Forum
Up on $Quebecor Inc (QBR.B.CA)$ , $National Bank of Canada (NA.CA)$ , $Canadian Utilities Ltd (CU.CA)$ , $The Toronto-Dominion Bank (TD.CA)$ , $Algoma Central Corp (ALC.CA)$ , and $TELUS Corp (T.CA)$ !
EPS is set to grow by 8.2% over the next year. Assuming the dividend continues along rec...
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