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ATCO Extends 33-Year Dividend Growth Streak With 3% Increase for 2026

Story Highlights
  • ATCO raises its quarterly dividend by 3 percent, marking 33 consecutive years of increases.
  • The higher eligible dividend underscores ATCO’s stable cash returns and diversified essential-services portfolio.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ATCO Extends 33-Year Dividend Growth Streak With 3% Increase for 2026

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The latest update is out from ATCO Ltd Cl I NV ( ($TSE:ACO.X) ).

ATCO Ltd., a diversified global provider of energy, infrastructure, housing and support services, has increased its common share dividend for the 33rd consecutive year, underscoring the company’s long-standing focus on stable, shareholder-friendly capital returns within the essential services sector. The board declared a first-quarter 2026 dividend of 51.96 cents per Class I non-voting and Class II voting share, a 3% rise from the prior quarterly rate, payable on March 31, 2026 to shareholders of record on February 26, 2026, and designated the payments as eligible dividends under Canadian tax law, reinforcing ATCO’s reputation for consistent dividend growth and financial resilience across its broad portfolio of regulated and contracted operations.

The most recent analyst rating on ($TSE:ACO.X) stock is a Hold with a C$61.00 price target. To see the full list of analyst forecasts on ATCO Ltd Cl I NV stock, see the TSE:ACO.X Stock Forecast page.

Spark’s Take on TSE:ACO.X Stock

According to Spark, TipRanks’ AI Analyst, TSE:ACO.X is a Neutral.

The score is driven mainly by stable operating profitability but offset by elevated leverage and weak free-cash-flow generation. Technicals are supportive with a clear uptrend, and valuation is reasonable with a solid dividend yield.

To see Spark’s full report on TSE:ACO.X stock, click here.

More about ATCO Ltd Cl I NV

ATCO Ltd. is a global enterprise with approximately 21,000 employees and $28 billion in assets, focused on meeting essential energy, housing, security and transportation needs worldwide. Its diversified operations span modular structures and housing (ATCO Structures), government and commercial support services (ATCO Frontec), electricity and natural gas transmission and distribution (ATCO Energy Systems), sustainable energy solutions including generation, storage, industrial water and cleaner fuels (ATCO EnPower), and energy and infrastructure assets in Australia (ATCO Australia). The company also serves retail electricity and natural gas customers and offers home services through ATCOenergy and Rümi, while maintaining additional investments in ports and logistics, ash processing and marketing, retail food services and commercial real estate.

Average Trading Volume: 226,305

Technical Sentiment Signal: Buy

Current Market Cap: C$5.69B

Find detailed analytics on ACO.X stock on TipRanks’ Stock Analysis page.

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