Canadian Utilities Limited (TSE:CU - Get Free Report) insider Sentgraf Enterprises Ltd. sold 50,196 shares of the company's stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of C$30.77, for a total transaction of C$1,544,530.92.
Canadian Utilities Price Performance
CU stock opened at C$30.69 on Thursday. The company has a current ratio of 1.01, a quick ratio of 1.30 and a debt-to-equity ratio of 147.99. Canadian Utilities Limited has a one year low of C$28.13 and a one year high of C$39.87. The firm has a market capitalization of C$6.27 billion, a PE ratio of 13.17, a P/E/G ratio of 2.38 and a beta of 0.60. The firm has a 50-day moving average of C$30.72 and a two-hundred day moving average of C$30.71.
Canadian Utilities (TSE:CU - Get Free Report) last posted its quarterly earnings results on Thursday, February 29th. The company reported C$0.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.69 by C$0.02. The business had revenue of C$974.00 million during the quarter. Canadian Utilities had a net margin of 18.63% and a return on equity of 10.08%. On average, analysts forecast that Canadian Utilities Limited will post 2.3534813 earnings per share for the current year.
Canadian Utilities Increases Dividend
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The business also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 1st were given a $0.453 dividend. This represents a $1.81 dividend on an annualized basis and a dividend yield of 5.90%. This is a positive change from Canadian Utilities's previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Wednesday, January 31st. Canadian Utilities's dividend payout ratio is 77.68%.
Canadian Utilities Company Profile
(
Get Free Report)
Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, and retail energy businesses in the United States, Australia, and internationally. It operates through Utilities, Energy Infrastructure, and Corporate & Other segments. The Utilities segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, and the Northwest Territories; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia.
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