|Bid||26.18 x 0|
|Ask||26.18 x 0|
|Day's Range||25.88 - 26.20|
|52 Week Range||20.02 - 26.20|
|Beta (5Y Monthly)||0.10|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.97 (3.77%)|
|Ex-Dividend Date||Dec 08, 2019|
|1y Target Est||N/A|
Hydro One Limited (TSX: H), the largest electric transmission and distribution utility in Ontario, plans to release its fourth quarter financial results the morning of February 12, 2020 before North American financial markets open. A summary of the results will be distributed by newswire and the complete MD&A; and financial statements will be posted at hydroone.com/investors and www.sedar.com.
TORONTO , Jan. 8, 2020 /CNW/ - Today, the Edison Electric Institute (EEI) presented Hydro One with an Emergency Assistance Award for its response efforts following a severe snow storm that hit Manitoba in October causing significant damage to its grid and resulting in outages affecting hundreds of thousands of customers. Hydro One deployed 25 employees to join the restoration efforts alongside crews from Manitoba Power and several other utilities. "We're pleased Hydro One has been recognized by the Edison Electric Institute for their efforts helping us restore our customers after this unprecedented storm," said Jay Grewal , President and CEO of Manitoba Hydro.
TORONTO , Dec. 23, 2019 /CNW/ - Hydro One Limited ("Hydro One"), Ontario's largest electricity transmission and distribution company, today announced that Susan Wolburgh Jenah has been appointed to the company's Board of Directors effective January 1 st 2020. "Susan is a deeply respected leader with a wealth of business experience," said Tim Hodgson , Board Chair of Hydro One. Susan fills the current director vacancy on the Board created when Tom Woods stepped down on July 31, 2019 .
Hydro One Networks Inc. ("Hydro One"), Ontario's largest electricity transmission and distribution company, received a decision from the Ontario Energy Board ("OEB") on the company's motion to reconsider the handling of pension contributions included in Hydro One's 2018-2022 Distribution Revenue Requirement Application.
In response to increased fraudulent activity across Ontario , Alectra Utilities, Hydro One, Hydro Ottawa and Toronto Hydro are joining forces to increase awareness about ongoing sophisticated scams targeting utility customers. Some common tactics fraudsters use to target Ontarians include the impersonation of the local utility or its employees, sending threatening phone calls, texts, emails or showing up in-person at a customer's home or business and requesting personal information.
To mark CPR Month, today the Advanced Coronary Treatment (ACT) Foundation and partners, launched the ACT High School CPR and Defibrillator Training Program in 18 Peterborough and area high schools. This will see more than 4,000 students empowered by their teachers with essential lifesaving skills every year. The ACT Foundation is a national charitable organization dedicated to establishing CPR and defibrillation training in every Canadian high school.
TORONTO , Nov. 28, 2019 /CNW/ - Today Hydro One Inc. (Hydro One), Ontario's largest electricity transmission and distribution company, and the Independent Electricity System Operator (IESO) together announced major investments and key initiatives to support the growth of the greenhouse, industrial and residential sectors in Essex County. Hydro One's multi-stage capital and maintenance investment of approximately $580 million includes new and previously announced projects expected to provide enough electricity by 2026 to supply a city the size of Ottawa , while improving local reliability. In June, Hydro One outlined a multi-stage investment to increase the power supply to the region, including a new transmission line from Chatham to Lakeshore requested by the IESO.
TORONTO, Nov. 7, 2019 /PRNewswire/ - Hydro One Limited (TSX:H.TO), announced that its Board of Directors has declared a quarterly cash dividend to common shareholders of $0.2415 per share to be paid on December 31, 2019 to shareholders of record on December 11, 2019. Unless indicated otherwise, all common share dividends paid by Hydro One Limited to shareholders are designated as "eligible" dividends for the purpose of the Income Tax Act (Canada) and any similar provincial legislation. Such quarterly dividends, unless and until changed, are only payable as and when declared by Hydro One Limited's Board of Directors and there is no entitlement to any dividend prior thereto.
TORONTO , Nov. 1, 2019 /CNW/ - Hydro One crews have made significant progress in restoring power to more than 195,000 of customers affected by the wind storm that started yesterday evening in southern Ontario . High winds and outages continue to affect approximately 27,000 customers in central and eastern Ontario . "We have been tracking the storm and using our outage predication tool in order to get into position to respond to any additional outages from the storm," said Lyla Garzouzi , Vice President of Distribution, Hydro One.
"Our crews are gearing up for a Halloween storm and will be vigilant if we are dispatched to any emergencies," said Lyla Garzouzi, Vice President of Distribution, Hydro One. Based on Hydro One's outage prediction tool, crews are moving into areas, so they're ready to assess damage in order to quickly and safely restore power to customers. Hydro One prioritizes emergencies and restoration in such a way that brings power back to the largest number of customers in the shortest period of time.
TORONTO, Oct. 8, 2019 /PRNewswire/ - Hydro One Limited (TSX:H.TO), the largest electric transmission and distribution utility in Ontario, plans to release its third quarter financial results the morning of November 7, 2019 before North American financial markets open. A summary of the results will be distributed by newswire and the complete MD&A and financial statements will be posted at hydroone.com/investors and www.sedar.com. Hydro One's management will host a teleconference with the investment community at 8 a.m. ET that same morning to discuss the results and outlook.
TORONTO , Sept. 30, 2019 /CNW/ - Hydro One Limited ("Hydro One"), Ontario's largest electricity transmission and distribution company, outlined its actions to address climate change in its submission for 2018 to the Carbon Disclosure Project (CDP), a not-for-profit charity that runs a global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. "Our company continues to enhance the framework for our sustainability strategy and take actions to address climate change," said Jason Fitzsimmons , Chief Corporate Affairs and Customer Care Officer for Hydro One. Lighting systems and thermostats were upgraded at Hydro One buildings to reduce energy consumption.
Completion of the line allows Hydro One and First Nations to move towards an equity ownership agreement, providing long-term economic benefits to First Nation communities. TORONTO , Sept. 5, 2019 /CNW/ - Today Hydro One, with Six Nations of the Grand River Development Corporation, a community owned corporation of the Six Nations of the Grand River First Nation, and Mississaugas of the Credit First Nation, announced the completion of the Niagara Reinforcement Line. This line was completed in collaboration with these First Nations and is expected to provide long-term benefits through an equity ownership model, which could serve as a framework for future infrastructure projects across Ontario .
TORONTO, Aug. 9, 2019 /PRNewswire/ - Hydro One Limited (Hydro One or the Company) today announced its financial and operating results for the second quarter ended June 30, 2019. Earnings per share (EPS) of $0.26 and adjusted EPS of $0.26, compared to $0.34 and $0.33, respectively, for the same period in 2018, a decrease of 24% and 21%, reflecting less favourable weather, higher financing costs due to the issuance of long-term debt, and an increase in operation, maintenance and administration (OM&A) costs due to increase in vegetation management work and higher emergency power restoration costs in the quarter. Distribution reliability continued to improve in the second quarter of 2019 versus the same quarter last year by approximately 18%.