#Canada #Dividend #Toronto #Shareholder #Hydro One

Hydro One Limited Declares Quarterly Dividend

Hydro One Limited has officially declared a cash dividend for its common shareholders, amounting to $0.3142 per share. This announcement was made by the Board of Directors and signifies the company's ongoing effort to provide value to its investors. The dividends will be paid out on March 31, 2025, to shareholders who hold their shares as of March 12, 2025.

This quarterly dividend is noteworthy as it continues Hydro One's tradition of offering eligible dividends in accordance with the Income Tax Act of Canada. Shareholders should take into account that dividend payments are subject to change based on decisions made by the Board of Directors, and there is no guaranteed entitlement to future dividends unless the Board declares them.

Headquartered in Toronto, Ontario, Hydro One Limited stands as a dominant force in the province’s electrical transmission and distribution market. Serving about 1.5 million customers, the company boasts an impressive asset base of approximately $36.7 billion, coupled with annual revenues reaching around $8.5 billion in 2024.

With an active workforce of roughly 10,100 employees, Hydro One is committed to building and maintaining a reliable electricity system that plays a pivotal role in fostering robust communities across Ontario. In 2024, the company allocated approximately $3.1 billion to enhance its transmission and distribution networks, reflecting its dedication to infrastructure development.

Moreover, Hydro One supports local economies by purchasing approximately $2.9 billion worth of goods and services, demonstrating its commitment to community investment and sustainability initiatives. The company prides itself on being socially responsible, contributing not just to the economy but also engaging in diversity efforts that align with the growing importance of inclusivity in the workplace.

Investors and stakeholders interested in further details about Hydro One can find extensive information, including links to securities filings and historical financial reports, by visiting their official website at www.hydroone.com. This resource offers insights into Hydro One’s governance practices, corporate social responsibility, and customer solutions, representing a transparent view of the company's operations.

With this promising dividend declaration, Hydro One Limited reinforces its commitment to shareholder value and positions itself favorably in the eyes of investors, particularly those focused on stable income-generating opportunities within the utilities sector.

In summary, Hydro One’s latest dividend declaration is not only a testament to its financial health and operational success but also serves as an encouragement for shareholders, signifying continuous growth and stability in the company’s trajectory. As Hydro One progresses, its contribution to Ontario’s electrical infrastructure remains crucial, and shareholders can expect a smooth transition towards future investments and dividends as the company expands its services and impact.