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

Hydro One Limited (TSE:H) announced a quarterly dividend on Wednesday, March 11th, TickerTech Dividends reports. Shareholders of record on Tuesday, March 31st will be given a dividend of 0.3331 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Wednesday, March 11th.

Hydro One Stock Up 2.0%

Shares of TSE:H opened at C$59.08 on Monday. The company’s fifty day moving average is C$55.13 and its two-hundred day moving average is C$52.86. The company has a debt-to-equity ratio of 151.72, a quick ratio of 0.30 and a current ratio of 0.61. Hydro One has a 1-year low of C$46.35 and a 1-year high of C$59.28. The stock has a market capitalization of C$35.44 billion, a price-to-earnings ratio of 26.49, a price-to-earnings-growth ratio of 3.17 and a beta of 0.33.

Hydro One (TSE:H) last announced its quarterly earnings data on Friday, February 13th. The company reported C$0.39 earnings per share for the quarter. Hydro One had a net margin of 14.81% and a return on equity of 10.73%. The business had revenue of C$981.00 million during the quarter. Equities analysts anticipate 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. The province of Ontario holds an approximate 47% common equity stake.