Hydro One (TSE:H – Free Report) had its price objective raised by National Bankshares from C$39.00 to C$40.00 in a research note issued to investors on Thursday morning, BayStreet.CA reports.
H has been the subject of a number of other reports. Scotiabank lowered their price target on shares of Hydro One from C$40.00 to C$38.00 and set a sector perform rating for the company in a report on Monday, April 22nd. CIBC increased their target price on Hydro One from C$40.50 to C$41.00 and gave the company a neutral rating in a research note on Monday, July 22nd. Eight equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, the company presently has an average rating of Hold and an average price target of C$40.63.
Check Out Our Latest Research Report on H
Hydro One Price Performance
Hydro One Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Wednesday, September 11th will be given a $0.314 dividend. The ex-dividend date is Wednesday, September 11th. This represents a $1.26 dividend on an annualized basis and a yield of 2.83%. Hydro One’s dividend payout ratio is presently 67.38%.
About Hydro One
Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. The company operates through three segments: Transmission, Distribution, and Other. It owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 125,000 circuit kilometers primary low-voltage distribution lines.
Recommended Stories
- Five stocks we like better than Hydro One
- The 3 Best Fintech Stocks to Buy Now
- This Small Cap Wealth Management Stock Could Provide Big Returns
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Bumble’s Valuation Hits an All-Time Low, Can Its Fortunes Change?
- Dividend Payout Ratio Calculator
- MarketBeat Week in Review – 8/12 – 8/16
Receive News & Ratings for Hydro One Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hydro One and related companies with MarketBeat.com's FREE daily email newsletter.