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Hydro One (TSX:H) Dividend Yield % : 3.04% (As of May. 05, 2024)


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What is Hydro One Dividend Yield %?

As of today (2024-05-05), the Trailing Annual Dividend Yield of Hydro One is 3.04%.

Warning Sign:

Hydro One Ltd stock dividend yield is close to 5-year low.

The historical rank and industry rank for Hydro One's Dividend Yield % or its related term are showing as below:

TSX:H' s Dividend Yield % Range Over the Past 10 Years
Min: 1.37   Med: 3.43   Max: 4.72
Current: 3.04

During the past 13 years, the highest Dividend Yield of Hydro One was 4.72%. The lowest was 1.37%. And the median was 3.43%.

TSX:H's Dividend Yield % is ranked worse than
64.79% of 426 companies
in the Utilities - Regulated industry
Industry Median: 3.87 vs TSX:H: 3.04

Hydro One's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.99.

During the past 13 years, the highest Dividend Payout Ratio of Hydro One was 0.80. The lowest was 0.60. And the median was 0.66.

As of today (2024-05-05), the Forward Dividend Yield % of Hydro One is 3.04%.

Hydro One's Dividends per Share for the three months ended in Dec. 2023 was C$0.30.

During the past 12 months, Hydro One's average Dividends Per Share Growth Rate was 5.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hydro One was 5.30% per year. The lowest was -0.50% 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.


Hydro One Dividend Yield % Historical Data

The historical data trend for Hydro One's Dividend Yield % 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.

* Premium members only.

Hydro One Dividend Yield % Chart

Hydro One Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.81 3.50 3.20 3.03 2.94

Hydro One Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % 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 3.03 2.91 3.00 3.33 2.94

Competitive Comparison of Hydro One's Dividend Yield %

For the Utilities - Regulated Electric subindustry, Hydro One's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Hydro One's Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hydro One's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Hydro One's Dividend Yield % falls into.



Hydro One Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Hydro One Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.2960002024-03-122024-03-132024-03-28Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.2960002023-12-122023-12-132023-12-29Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.2960002023-09-122023-09-132023-09-29Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.2960002023-06-062023-06-072023-06-30Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Hydro One's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.184/38.95
=3.04 %

Current Share Price is C$38.95.
Hydro One's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$1.184.

Hydro One's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.184/38.95
=3.04 %

Current Share Price is C$38.95.
Hydro One's Dividends per Share for the forward twelve months is calculated as C$0.296 * 4 = C$1.184.

* 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.


Hydro One  (TSX:H) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Hydro One Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Hydro One's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hydro One (TSX:H) Business Description

Traded in Other Exchanges
Address
483 Bay Street, South Tower, 8th Floor, Toronto, ON, CAN, M5G 2P5
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 with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47% common equity stake.