Hydro One Limited (H) to Distribute Quarterly Dividend of $0.35 on September 29th

Hydro One Limited (TSE:H) declared a quarterly dividend on Wednesday, September 9th. Investors of record on Tuesday, September 29th will be given a dividend of 0.3531 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Wednesday, September 9th.

Hydro One Price Performance

H stock opened at C$53.11 on Monday. The company has a fifty day simple moving average of C$56.95 and a two-hundred day simple moving average of C$57.60. Hydro One has a 52 week low of C$48.22 and a 52 week high of C$60.57. The company has a quick ratio of 0.30, a current ratio of 0.88 and a debt-to-equity ratio of 154.61. The firm has a market capitalization of C$31.87 billion, a P/E ratio of 22.50, a price-to-earnings-growth ratio of 3.17 and a beta of 0.23.

Hydro One (TSE:H) last released its quarterly earnings results on Wednesday, August 12th. The company reported C$0.62 EPS for the quarter. The company had revenue of C$1.23 billion during the quarter. Hydro One had a return on equity of 11.08% and a net margin of 14.87%. Analysts anticipate that Hydro One will post 2.0572195 earnings per share for the current fiscal year.

About Hydro One

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.