Reported 7 months ago
Hydro One Ltd (HRNNF) recently announced a dividend of $0.31 per share, payable on 2024-06-28, with the ex-dividend date set for 2024-06-12. This article analyzes Hydro One's dividend history, yield, and growth rates. The company operates regulated transmission and distribution assets in Ontario, serving nearly 1.5 million customers, with a small telecom business. Hydro One has a consistent dividend payment record since 2016, a 3.02% trailing dividend yield, and a 5.30% annual growth rate over three years. The article assesses the company's profitability, payout ratio, and growth metrics, concluding that it presents a compelling case for dividend investors due to its financial stability and growth potential.
Source: YAHOO