Canadian Utilities Limited (CU) Dividend History & Analysis

Track McKesson's (CU) dividend history - current yield, annual dividend growth rate, payout history and peer comparisons.

Yield 12m 5.10%
Dividends per Share 12m 1.81
Dividend Growth Rate 5y 0.45%
Overall Dividend Rating 66.26%
Yield on Cost 5y 6.87%
Payout Ratio 76.1%
Payout Frequency 12m 4
Payout Consistency 98.8%
Total Return 12m: 30.55%
#25 in Group
Total Return 5y: 41.30%
#47 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Electric Utilities

Highest Dividend Yields in Sector
Symbol Market Cap
(USD)
Dividend Yield Yield on Cost
CU 5,226m 5.10% 6.87%
CIG 5,917m 14.1% 65.7%
ENGI 40,063m 17.2% 42.7%
EBR-B 16,496m 8.71% 17.7%
Highest Dividend Growth Rate in Sector
Symbol Market Cap
(USD)
Growth Rate Payout Ratio
CU 5,226m 0.45% 76.1%
BIP-UN 13,777m 586% 57.3%
PCG 37,291m 135% 5.20%
EVN 4,158m 83.3% 20.6%

CU Dividend History: Last 40 Payments (CAD)

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate Payout Yield
2025-02-06 2025-03-01 0.46 2.2% 1.36%
2024-11-07 2024-12-01 0.45 1.3%
2024-08-08 2024-08-08 2024-09-01 Quarterly 0.45 1.4%
2024-05-01 2024-05-02 2024-06-01 Quarterly 0.45 1.48%
2024-01-31 2024-02-01 2024-03-01 Quarterly 0.45 1.44%
2023-11-01 2023-11-02 2023-12-01 Quarterly 0.45 1.55%
2023-08-02 2023-08-03 2023-09-01 Quarterly 0.45 1.41%
2023-05-03 2023-05-04 2023-06-01 Quarterly 0.45 1.17%
2023-02-01 2023-02-02 2023-03-01 Quarterly 0.45 2.3% 1.23%
2022-11-02 2022-11-03 2022-12-01 Quarterly 0.44 1.24%
2022-08-03 2022-08-04 2022-09-01 Quarterly 0.44 1.08%
2022-05-04 2022-05-05 2022-06-01 Quarterly 0.44 1.17%
2022-02-02 2022-02-03 2022-03-01 Quarterly 0.44 1.22%
2021-11-03 2021-11-04 2021-12-01 Quarterly 0.44 1.24%
2021-08-04 2021-08-05 2021-09-01 Quarterly 0.44 1.22%
2021-05-05 2021-05-06 2021-06-01 Quarterly 0.44 1.25%
2021-02-03 2021-02-04 2021-03-01 Quarterly 0.44 1.38%
2020-11-04 2020-11-05 2020-12-01 Quarterly 0.44 1.39%
2020-08-05 2020-08-06 2020-09-01 Quarterly 0.44 1.3%
2020-05-06 2020-05-07 2020-06-01 Quarterly 0.44 1.32%
2020-02-05 2020-02-06 2020-03-01 Quarterly 0.44 4.1%
2019-11-06 2019-11-07 2019-12-01 Quarterly 0.4227
2019-08-07 2019-08-08 2019-09-01 Quarterly 0.4227
2019-05-08 2019-05-09 2019-06-01 Quarterly 0.4227
2019-02-06 2019-02-07 2019-03-01 Quarterly 0.4227 7.5%
2018-11-08 2018-11-09 2018-12-01 Quarterly 0.3933
2018-08-09 2018-08-10 2018-09-01 Quarterly 0.3933
2018-05-09 2018-05-10 2018-06-01 Quarterly 0.3933
2018-02-07 2018-02-08 2018-03-01 Quarterly 0.3933 10%
2017-11-08 2017-11-09 2017-12-01 Quarterly 0.3575
2017-08-08 2017-08-10 2017-09-01 Quarterly 0.3575
2017-05-05 2017-05-09 2017-06-01 Quarterly 0.3575
2017-02-02 2017-02-06 2017-03-01 Quarterly 0.3575 10%
2016-11-04 2016-11-08 2016-12-01 Quarterly 0.325
2016-08-08 2016-08-10 2016-09-01 Quarterly 0.325
2016-05-05 2016-05-09 2016-06-01 Quarterly 0.325
2016-02-03 2016-02-05 2016-03-01 Quarterly 0.325 10.2%
2015-11-03 2015-11-05 2015-12-01 Quarterly 0.295
2015-08-07 2015-08-11 2015-09-01 Quarterly 0.295
2015-05-05 2015-06-01 2015-06-01 Quarterly 0.295

CU Dividend FAQ

Does CU pay dividends?

Yes, as of April 2025, CU paid a dividend of 1.81 CAD in the last 12 months. The last dividend was paid on 2025-02-06.

What is the Dividend Yield of CU?

As of April 2025, CU`s dividend yield is 5.10%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.81M CAD by the current share price of 37.25.

How often does CU pay dividends?

CU pays dividends quarterly. Over the last 12 months (TTM), CU has issued 4 dividend payments.

What is the next Ex-Dividend Date for CU?

The next ex-dividend date for Canadian Utilities Limited (CU) is unknown.

What is the Dividend Growth of CU?

CU's average dividend growth rate over the past 5 years is 450K% per year.
Weak growth: Dividend increases are lagging behind inflation.

What is the Yield on Cost of CU?

CU's 5-Year Yield on Cost is 6.87M%. This represents the effective dividend yield for an investor who bought Canadian Utilities Limited five years ago. It is calculated as the sum of all trailing 12-month dividends (1.81M) divided by the purchase price five years ago (26.36):

What is the Payout Consistency of CU?

CU Payout Consistency is 98.8%.
Highly consistent: Canadian Utilities Limited has a strong track record of consistent dividend payments.

Does CU have a good Dividend Yield?

CU`s 5.10% Dividend Yield is considered as good.

What is the Dividend Payout Ratio of CU?

The Dividend Payout Ratio of CU is 76.1%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of CU?

CU`s Overall Dividend Rating is 66.26%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

CU Outstanding Shares Analysis

What is the Trend in CU`s Outstanding Shares?

Canadian Utilities Limited`s outstanding shares have decreased by approximately -0.06% annually over the past 5 years (Correlation: 0.0%), positively influencing stock price.

Has Canadian Utilities Limited ever had a Stock Split?

Yes, last Stock Split was on 2013-06-17 with a factor of 2:1. This stock split increased the number of shares and lowered the price per share by a ratio of 2.
Year Number of Shares Annual Growth Rate
1993 247,741,900
1994 255,111,100 +2.97%
1995 255,384,600 +0.11%
1996 256,078,400 +0.27%
1997 253,945,000 -0.83%
1998 242,758,600 -4.41%
1999 253,999,300 +4.63%
2000 255,161,300 +0.46%
2001 254,096,900 -0.42%
2002 254,852,900 +0.3%
2003 254,730,100 -0.05%
2004 254,554,800 -0.07%
2005 255,227,500 +0.26%
2006 251,669,000 -1.39%
2007 251,910,100 +0.1%
2008 251,692,900 -0.09%
2009 251,817,500 +0.05%
2010 252,107,900 +0.12%
2011 255,631,800 +1.4%
2012 257,927,600 +0.9%
2013 261,739,300 +1.48%
2014 264,436,700 +1.03%
2015 267,191,100 +1.04%
2016 268,970,100 +0.67%
2017 271,319,700 +0.87%
2018 273,179,700 +0.69%
2019 273,288,900 +0.04%
2020 272,457,700 -0.3%
2021 269,440,800 -1.11%
2022 269,470,000 +0.01%
2023 270,926,600 +0.54%
2024 271,601,200 +0.25%