Canadian Utilities said on April 13, 2023 that its board of directors declared a regular
quarterly dividend of $0.45 per share ($1.79 annualized).
Previously, the company paid $0.45 per share.
Shares must be purchased before the ex-div date of May 3, 2023 to qualify for the dividend.
Shareholders of record as of May 4, 2023
will receive the payment on June 1, 2023.
At the current share price of $26.42 / share,
the stock’s dividend yield is 6.79%.
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What is the Fund Sentiment?
There are 150 funds or institutions reporting positions in Canadian Utilities.
This is an increase
of
6
owner(s) or 4.17% in the last quarter.
Average portfolio weight of all funds dedicated to CDUAF is 0.19%,
a decrease
of 5.28%.
Total shares owned by institutions increased
in the last three months by 4.64% to 9,984K shares.
Analyst Price Forecast Suggests 11.55% Upside
As of March 30, 2023,
the average one-year price target for Canadian Utilities is $29.47.
The forecasts range from a low of $27.45 to a high of $33.17.
The average price target represents an increase of 11.55% from its latest reported closing price of $26.42.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Canadian Utilities
is $4,190MM.
The projected annual non-GAAP EPS
is $2.59.
What are Other Shareholders Doing?
DFAI – Dimensional International Core Equity Market ETF
holds 16K shares.
In it’s prior filing, the firm reported owning 0K shares, representing
an increase
of 99.97%.
The firm
increased
its portfolio allocation in CDUAF by 386,605.16% over the last quarter.
First Trust Energy Infrastructure Fund
holds 16K shares.
In it’s prior filing, the firm reported owning 15K shares, representing
an increase
of 4.52%.
The firm
decreased
its portfolio allocation in CDUAF by 6.19% over the last quarter.
MGLVX – Mercer Global Low Volatility Equity Fund Class Y-3
holds 64K shares.
In it’s prior filing, the firm reported owning 82K shares, representing
a decrease
of 27.44%.
The firm
decreased
its portfolio allocation in CDUAF by 16.47% over the last quarter.
IXUS – iShares Core MSCI Total International Stock ETF
holds 96K shares.
In it’s prior filing, the firm reported owning 93K shares, representing
an increase
of 3.33%.
The firm
decreased
its portfolio allocation in CDUAF by 12.48% over the last quarter.
AVDE – Avantis International Equity ETF
holds 20K shares.
In it’s prior filing, the firm reported owning 15K shares, representing
an increase
of 26.79%.
The firm
decreased
its portfolio allocation in CDUAF by 15.05% over the last quarter.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
