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

Hydro One Limited (TSE:H) declared a quarterly dividend on Wednesday, March 11th, TickerTech Dividends reports. Stockholders 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 dividend yield of 2.3%. The ex-dividend date of this dividend is Wednesday, March 11th.

Hydro One Price Performance

H stock opened at C$59.08 on Monday. The company has a debt-to-equity ratio of 151.72, a quick ratio of 0.30 and a current ratio of 0.61. The company’s fifty day moving average price is C$55.13 and its 200-day moving average price is C$52.86. Hydro One has a one year low of C$46.35 and a one year high of C$59.28. The company has a market capitalization of C$35.44 billion, a PE ratio of 26.49, a price-to-earnings-growth ratio of 3.17 and a beta of 0.33.

Hydro One (TSE:H) last posted its earnings results on Friday, February 13th. The company reported C$0.39 earnings per share for the quarter. The company had revenue of C$981.00 million during the quarter. Hydro One had a net margin of 14.81% and a return on equity of 10.73%. On average, equities analysts anticipate that Hydro One will post 2.0572195 EPS 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.