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Bullboard - Stock Discussion Forum Hydro One Ltd HRNNF


Primary Symbol: T.H

Hydro One Limited is a Canada-based company engaged in the business of transmission and distribution of electricity to customers within Ontario. The Company’s segments include Transmission, Distribution and Other segment. The Transmission segment comprises the transmission of high voltage electricity across the province, interconnecting local distribution companies and certain large directly... see more

TSX:H - Post Discussion

Hydro One Ltd > Hydro One Is Definitely Underrated
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Post by NLMoose on Aug 13, 2020 11:00am

Hydro One Is Definitely Underrated

In spite great revenue and profit results along with a generous dividend increase, it seems that investors are not happy with Hydro One as their stock continues to remain stagnant or even goes down.

All other things being equal, Hydro One should be trading at levels close to Emera or Fortis at around $53.70 a share each.

Comment by HyperCube on Aug 13, 2020 4:54pm
What do you mean the stock is stagnant? Since its first public offering five years ago the stock has gone from $20.50 to $27.67. That is a 6.49% annual growth rate, which is quite good for a stock giving a 3.64% dividend yield. You can't expect to have 20% growth every year.
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