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Canadian Utilities Extends 54-Year Dividend Growth Streak With First-Quarter Increase

Story Highlights
  • Canadian Utilities raised its quarterly common share dividend by one percent for Q1 2026.
  • The company also declared dividends on multiple preferred share series, underscoring stable returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Canadian Utilities Extends 54-Year Dividend Growth Streak With First-Quarter Increase

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Canadian Utilities A ( (TSE:CU) ) has issued an announcement.

Canadian Utilities Limited has increased its quarterly common share dividend for the 54th consecutive year, declaring a first-quarter 2026 dividend of 46.23 cents per Class A non-voting and Class B common share, up one percent from the previous rate, payable on March 1, 2026 to shareholders of record on February 5, 2026. The board also declared regular dividends on several series of cumulative redeemable second preferred shares, reinforcing the company’s reputation for steady shareholder returns and signaling ongoing confidence in its financial stability and long-term cash flow profile within the energy infrastructure sector.

The most recent analyst rating on (TSE:CU) stock is a Buy with a C$47.00 price target. To see the full list of analyst forecasts on Canadian Utilities A stock, see the TSE:CU Stock Forecast page.

Spark’s Take on TSE:CU Stock

According to Spark, TipRanks’ AI Analyst, TSE:CU is a Outperform.

Canadian Utilities A’s overall stock score is driven by strong technical indicators and a positive earnings call, highlighting growth and successful project developments. While the financial performance shows profitability, challenges in revenue growth and free cash flow generation are notable. The valuation is fair with an attractive dividend yield, supporting the stock’s appeal.

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

More about Canadian Utilities A

Canadian Utilities Limited, an ATCO company, is a diversified global energy infrastructure corporation with approximately 9,100 employees and $24 billion in assets. Through its ATCO Energy Systems segment, the company provides electricity and natural gas transmission and distribution as well as international electricity operations, while ATCO EnPower focuses on sustainable energy solutions including power generation, energy storage, industrial water and cleaner fuels, and ATCO Australia develops, builds, owns and operates energy and infrastructure assets.

Average Trading Volume: 454,961

Technical Sentiment Signal: Buy

Current Market Cap: C$11.57B

For detailed information about CU stock, go to TipRanks’ Stock Analysis page.

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