CDUAF (Canadian Utilities) Dividend Payout Ratio: 0.62 (As of Mar. 2026) — 40% Below Median


CDUAF Canadian Utilities Ltd CDUAF
71 GF Score
Price $36.67
GF Value $26.42
Valuation Significantly Overvalued
! 14 Warning Signs
View Full Analysis

What is Canadian Utilities Dividend Payout Ratio?

Canadian Utilities CDUAF -0.07% 71 Dividend Payout Ratio is 0.62 as of Mar. 2026, which is 40% below its 10-year median of 1.03. GuruFocus rates CDUAF with a GF Score™ of 71/100 and a GF Value™ of $26.42 (Significantly Overvalued). The stock has 14 warning signs investors should review. Among 373 Utilities - Regulated companies, Canadian Utilities ranks worse than 99.46% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Canadian Utilities's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.62.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Canadian Utilities Ltd is 17.65, which seems too high.

The historical rank and industry rank for Canadian Utilities's Dividend Payout Ratio or its related term are showing as below:

CDUAF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.03   Max: 16.48
Current: 16.48


During the past 13 years, the highest Dividend Payout Ratio of Canadian Utilities was 16.48. The lowest was 0.64. And the median was 1.03.

CDUAF's Dividend Payout Ratio is ranked worse than
99.46% of 373 companies
in the Utilities - Regulated industry
Industry Median: 0.54 vs CDUAF: 16.48

As of today (2026-06-24), the Dividend Yield % of Canadian Utilities is 3.64%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Canadian Utilities was 6.26%. The lowest was 3.08%. And the median was 4.75%.

Canadian Utilities's Dividends per Share for the months ended in Mar. 2026 was $0.34.

During the past 12 months, Canadian Utilities's average Dividends Per Share Growth Rate was 1.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Canadian Utilities was 16.20% per year. The lowest was -4.10% per year. And the median was 5.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Canadian Utilities (OTCPK:CDUAF) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Canadian Utilities Dividend Payout Ratio Related Terms


Canadian Utilities Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Canadian Utilities's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Canadian Utilities Dividend Payout Ratio Chart

Canadian Utilities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 0.68 1.06 1.07 12.40

Canadian Utilities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.58 1.35 1.59 0.00 0.62

CDUAF vs SRE, AES: Dividend Payout Ratio Comparison

For the Utilities - Diversified subindustry, Canadian Utilities's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian Utilities Dividend Payout Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Canadian Utilities's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Utilities's Dividend Payout Ratio falls into.


CDUAF
71GF Score
Canadian Utilities Ltd CDUAF
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canadian Utilities Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Canadian Utilities's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=1.327/ 0.107
=12.40

Canadian Utilities's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.337/ 0.543
=0.62

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.62 mean?
Canadian Utilities (CDUAF) has a Dividend Payout Ratio of 0.62 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Canadian Utilities and its competitors. This is 40% below median its historical median of 1.03. Over the past decade, Canadian Utilities' Dividend Payout Ratio has ranged from 0.64 to 16.48. According to the industry distribution chart, Canadian Utilities ranks #371 out of 373 companies in the Utilities - Regulated industry, placing it in the top 99.5%.
Is Canadian Utilities' Dividend Payout Ratio too high?
Canadian Utilities' current Dividend Payout Ratio of 0.62 is 40% below median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 16.48. The Utilities - Regulated industry median Dividend Payout Ratio is 0.54. Canadian Utilities' value of 0.62 is 14.8% above this industry median. Based on the distribution chart, Canadian Utilities ranks #371 out of 373 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Canadian Utilities has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Utilities' Dividend Payout Ratio compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Canadian Utilities ranks #371 out of 373 companies for Dividend Payout Ratio. This places Canadian Utilities in the lower half of its industry. The industry median Dividend Payout Ratio is 0.54. Canadian Utilities' value of 0.62 is 14.8% above this benchmark. Historically, Canadian Utilities' own Dividend Payout Ratio has ranged from 0.64 to 16.48 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 0.54, Canadian Utilities has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Utilities - Regulated company?
The median Dividend Payout Ratio among Utilities - Regulated companies is 0.54, based on 373 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Utilities's current Dividend Payout Ratio of 0.62 is 14.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Canadian Utilities and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Utilities's current Dividend Payout Ratio is 0.62, which is 40% below median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Utilities stock overvalued right now?
Based on GuruFocus' analysis, Canadian Utilities (CDUAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.42, compared to a current price of $36.67 — trading 38.8% above its estimated fair value. The current Dividend Payout Ratio is 0.62, which is 40% below median its 10-year median of 1.03 and 14.8% above the Utilities - Regulated industry median of 0.54. Canadian Utilities' overall GF Score™ is 71/100 with 14 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Canadian Utilities (CDUAF), the current Dividend Payout Ratio is 0.62 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Canadian Utilities (CDUAF) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Utilities stock appears to be overvalued. The current stock price of $36.67 is trading 38.8% above its estimated GF Value™ of $26.42. GuruFocus considers Canadian Utilities to be Significantly Overvalued.

Key valuation signals for CDUAF:

  • Dividend Payout Ratio: 0.62 (40% below median its 10-year median of 1.03)
  • GF Value™: $26.42 vs. price of $36.67 (38.8% above fair value)
  • GF Score™: 71/100 with 14 warning signs
  • Industry Position: 14.8% above the Utilities - Regulated median (#371 of 373)

No single metric tells the full story. See the CDUAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canadian Utilities Business Description

Address 5302 Forand Street South West, 4th Floor, West Building, Corporate Governance & Secretarial, Calgary, AB, CAN, T3E 8B4
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company is engaged in segments that include ATCO Energy Systems, ATCO EnPower, ATCO Australia, and Corporate & Other. Headquartered in Calgary, Alberta, the firm mainly operates in Canada, Australia, and others. The company generates maximum revenue from Canada. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.
71GF Score

Get the complete analysis for CDUAF

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$36.67
Price
$26.42
GF Value