Canadian Utilities Ltd CNUTF

Primary Symbol: T.CU Alternate Symbol(s): CDUAF | T.CU.PR.D | CDNUF | T.CU.PR.C | CNAUF | T.CU.PR.E | T.CU.PR.F | T.CU.PR.H | CUTLF | T.CU.PR.G | T.CU.PR.I | CDUTF | T.CU.PR.J

Utilities Utilities - Diversified

Canadian Utilities Limited is a Canada-based diversified global energy infrastructure company. The Company operates through four segments: ATCO Energy Systems, ATCO EnPower, ATCO Australia, and Corporate and Other. The ATCO Energy Systems segment delivers energy through its electricity and natural gas transmission and distribution, and international operations segments. The ATCO EnPower segment creates sustainable energy solutions in the areas of renewables, energy storage, industrial water, and clean fuels. The ATCO Australia segment develops, builds, owns, and operates energy and infrastructure assets. The Corporate and Other segment includes ATCOenergy and Rumi which provides retail electricity and natural gas services, home maintenance services and professional home advice in Alberta.

TSX:CU - Post by User

Canadian Utilities Ltd > 49 years?

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Comment by tbnorthstaron Jan 12, 2021 1:37pm

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Post# 32277147

RE:RE:49 years?

DeanEdmonton wrote: CU is still cranking out very strong cash flow, dividends are well covered at current levels, and they are putting 70-90 million in net profit to the bottom line each quarter. Debt is well controlled and being paid down quite quickly. No reason they can't continue to raise dividends like they always have.

tbnorthstar wrote: Will CU announce their 49th consecutive year of dividend raises this week or is the streak going to be broken here? My guess is, they offer something along the lines of a 1% increase but I could easily be incorrect.

Thanks DeanEdmonton,

They generally announce their dividend hike around this time of year....

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