|Bid||22.93 x 0|
|Ask||22.94 x 0|
|Day's Range||22.80 - 23.00|
|52 Week Range||18.57 - 23.20|
|Beta (3Y Monthly)||0.02|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 12, 2019 - Aug 16, 2019|
|Forward Dividend & Yield||0.97 (4.21%)|
|1y Target Est||21.50|
"A safe, strong and reliable transmission system will support economic growth, jobs and a fast-growing industry heavily dependent on electricity," said Mark Poweska, President and Chief Executive Officer, Hydro One. "We have been listening to our customers and working with our industry partners to support the thriving greenhouse industry and Leamington's growing economy.
TORONTO, May 9, 2019 /PRNewswire/ - Hydro One Limited (Hydro One or the Company) today announced its financial and operating results for the first quarter ended March 31, 2019. The Company received a regulatory decision regarding its 2018-2022 Distribution Revenue Requirement Application and submitted its 2020-2022 Transmission Rate Application to the Ontario Energy Board (OEB). Hydro One filed a Motion to Review and Vary the OEB's decision on the Company's 2018-2022 Distribution Revenue Requirement Application with respect to recovery of pension costs.
TORONTO , May 9, 2019 /CNW/ - Hydro One Limited (TSX:H.TO), announced that its Board of Directors has approved a 5% common share dividend increase, and declared a quarterly cash dividend to common shareholders at the new rate of $0.2415 per share to be paid on June 28, 2019 to shareholders of record on June 12, 2019 . "We recognize the dividend plays an important part in delivering value to our shareholders," said Mark Poweska , incoming President and CEO of Hydro One Limited. 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.
TORONTO , April 30, 2019 /CNW/ - Hydro One Inc. and the Society of United Professionals ("the Society") are pleased to announce that union members voted in favour of a two-year collective agreement. "The Society of United Professionals prides itself on working collaboratively with employers to negotiate collective agreements that are fair for everyone," said Scott Travers , President of the Society.
Methanex Corp, the world's largest methanol producer, said on Friday that it had reached a settlement with M&G Investments in which the Canadian company handed two board seats to its biggest investor. The company said Paul Dobson, one of four directors proposed by the investor, will join the board at the April 25 annual meeting. Another director will join the board after the meeting and will be picked from a list submitted by M&G Investments.
TORONTO , April 11, 2019 /CNW/ - Hydro One Limited (TSX:H.TO), plans to release its first quarter financial results the morning of May 9, 2019 before North American financial markets open. 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 , April 2, 2019 /CNW/ - Hydro One Limited, Ontario's largest electricity transmission and distribution company, today announced that its wholly-owned subsidiary, Hydro One Inc., has priced an offering of C$1.5 billion of Medium Term Notes (the "Notes") consisting of C$700 million aggregate principal amount of 2.54% Medium Term Notes, Series 42, due 2024, C$550 million aggregate principal amount of 3.02% Medium Term Notes, Series 43, due 2029 and C$250 million aggregate principal amount of 3.64% Medium Term Notes, Series 44, due 2050. The net proceeds from the issuance of the Notes will be approximately C$1.494 billion .
"Under Greg's leadership, Hydro One has been strengthening its safety culture and every aspect of its operations to better serve our employees, customers and shareholders while Jamie's extensive knowledge and expertise in finance and securities law were critical in transforming Hydro One into a commercial enterprise," said Paul Dobson, Acting President and CEO, Hydro One. Hydro One Inc. is a fully owned subsidiary of Hydro One Limited, Ontario's largest electricity transmission and distribution provider with almost 1.4 million valued customers, approximately $25.7 billion in assets and 2018 annual revenues of nearly $6.2 billion.
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Fiat Chrysler Automobiles says it ...
Throughout his career, he has prioritized safety, exceptional customer service, driving efficiencies and improving the reliability of the electricity system. "Building on 100 years of proudly powering homes and businesses in Ontario, we believe Mark is the right person to focus on what matters most to our customers, employees, investors and all stakeholders," said Tom Woods, Chair of the Board of Hydro One.
TORONTO , March 26, 2019 /CNW/ - Hydro One Networks Inc. (Hydro One) announced that today it will file a Motion to Review and Vary the Ontario Energy Board's (OEB) decision on the company's 2018-2022 Distribution Revenue Requirement Application with respect to reductions to pension contributions. The company will also pursue an appeal to the Ontario Divisional Court for the above-mentioned pension findings. The company also intends to appeal to the Ontario Divisional Court with respect to the OEB's decision upholding its original finding on the handling of the deferred tax asset that arose from the payment of a departure tax at the time of Hydro One's transition to an investor-owned company.
TORONTO , March 25, 2019 /CNW/ - Hydro One Inc. ("Hydro One") and the Society of United Professionals ("the Society") are pleased to announce the achievement of a tentative settlement of a two-year collective agreement covering approximately 1,500 employees in critical engineering, supervisory and administrative roles. "Negotiating teams on both sides worked diligently and constructively to develop an agreement that recognizes the significant contributions of our employees in delivering exceptional customer service, reducing costs, improving the reliability of Ontario's electricity system and driving shareholder value," said Paul Dobson , Acting President and CEO, Hydro One. "The Society of United Professionals prides itself on working collaboratively with employers to negotiate collective agreements that are fair for everyone," said Scott Travers , President of the Society.
TORONTO, March 21, 2019 /PRNewswire/ - Hydro One Networks Inc. ("Hydro One"), Ontario's largest electricity transmission and distribution company has submitted its 2020-2022 Transmission Rate Application to the Ontario Energy Board ("OEB"). If approved, the $5 billion, three-year investment plan would help keep the system safe and reliable and would increase rates for the typical household by 77 cents (0.6 per cent) on their monthly bill in 2020. "We know that every dollar we invest comes at a cost to our customers and the people of Ontario.