Utility (TSX:UTC.C) Dividend Payout Ratio: 1.07 (As of Nov. 2017)


What is Utility Dividend Payout Ratio?

Utility TSX:UTC.C Dividend Payout Ratio is 1.07 as of Nov. 2017.

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. Utility's Dividend Payout Ratio for the months ended in Nov. 2017 was 1.07.

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

TSX:UTC.C' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.3
Current: 0.3


During the past 13 years, the highest Dividend Payout Ratio of Utility was 0.30. The lowest was 0.00. And the median was 0.00.

TSX:UTC.C's Dividend Payout Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.7 vs TSX:UTC.C: 0.30

As of today (2026-07-02), the Dividend Yield % of Utility is 0.00%.

Utility's Dividends per Share for the months ended in Nov. 2017 was C$0.63.

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.


Utility (TSX:UTC.C) 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.


Utility Dividend Payout Ratio Related Terms


Utility Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Utility'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.

Utility Dividend Payout Ratio Chart

Utility Annual Data
Trend May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.20 0.93 0.00 0.22

Utility Semi-Annual Data
May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17
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 0.00 0.23 0.32 0.17 1.07

TSX:UTC.C vs PHCF: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Utility'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.


Utility Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Utility's Dividend Payout Ratio distribution charts can be found below:

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



Utility 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.

Utility's Dividend Payout Ratio for the fiscal year that ended in May. 2017 is calculated as

Dividend Payout Ratio=Dividends per Share (A: May. 2017 )/ EPS without NRI (A: May. 2017 )
=1.117/ 5.042
=0.22

Utility's Dividend Payout Ratio for the quarter that ended in Nov. 2017 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Nov. 2017 )/ EPS without NRI (Q: Nov. 2017 )
=0.63/ 0.59
=1.07

* 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 1.07 mean?
Utility (TSX:UTC.C) has a Dividend Payout Ratio of 1.07 as of Nov. 2017. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Utility and its competitors.
Is Utility's Dividend Payout Ratio too high?
Utility's current Dividend Payout Ratio is 1.07. The Asset Management industry median Dividend Payout Ratio is 0.70. Utility's value of 1.07 is 52.9% above this industry median.
How does Utility's Dividend Payout Ratio compare to PHCF?
Utility's Dividend Payout Ratio of 1.07 can be compared against companies in the Asset Management industry. The industry median Dividend Payout Ratio is 0.70. Utility's value of 1.07 is 52.9% above this benchmark. 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 Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.70, based on 931 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. Utility's current Dividend Payout Ratio of 1.07 is 52.9% 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 Utility and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Utility's current Dividend Payout Ratio is 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Utility stock overvalued right now?
Utility (TSX:UTC.C) has a current Dividend Payout Ratio of 1.07. The current Dividend Payout Ratio is 1.07 and 52.9% above the Asset Management industry median of 0.70. 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 Utility (TSX:UTC.C), the current Dividend Payout Ratio is 1.07 as of Nov. 2017. 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.

Utility Business Description

Address 40 King Street West, P.O. Box 4085, Scotia Plaza, 26th Floor, Toronto, ON, CAN, M5W 2X6
Utility Corp is a mutual fund corporation. The company holds a diversified investment portfolio (the Portfolio) of common shares (the Portfolio Shares) of selected Canadian electrical, power and utility and telecommunication companies in order to provide investors (the Shareholders) with a stable monthly dividend stream and capital appreciation potential.