Canadian Utilities Limited Eligible Dividends

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by ahnationtalk on January 10, 2020110 Views

Increases Common Share Dividend for the 48th consecutive year

CALGARY, Alberta – Canadian Utilities Limited (TSX: CU, CU.X)

The Board of Directors of Canadian Utilities Limited, an ATCO Company, today declared a first quarter dividend of 43.54 cents per Class A non-voting (TSX:CU) and Class B common share (TSX:CU.X), a three per cent increase over the 42.27 cents paid in each of the four previous quarters. This common share dividend is payable March 1, 2020, to shareholders of record on February 6, 2020.

The Board also declared the following Cumulative Redeemable Second Preferred Share Dividends:

Shares TSX Stock Dividend Record Date Payment Date
Symbol Per Share ($) (2020) (2020)
Series Y 3.403% CU.PR.C 0.2126875 06-Feb 01-Mar
Series AA 4.90% CU.PR.D 0.30625 06-Feb 01-Mar
Series BB 4.90% CU.PR.E 0.30625 06-Feb 01-Mar
Series CC 4.50% CU.PR.F 0.28125 06-Feb 01-Mar
Series DD 4.50% CU.PR.G 0.28125 06-Feb 01-Mar
Series EE 5.25% CU.PR.H 0.328125 06-Feb 01-Mar
Series FF 4.50% CU.PR.I 0.28125 06-Feb 01-Mar

These dividends are eligible dividends within the meaning of the Income Tax Act (Canada).

With approximately 5,000 employees and assets of $22 billion, Canadian Utilities Limited is an ATCO company. Canadian Utilities Limited is a diversified global energy infrastructure corporation delivering service excellence and innovative business solutions in Electricity (electricity generation, transmission and distribution), Pipelines & Liquids (natural gas transmission, distribution and infrastructure development; and energy storage and industrial water solutions) and Retail Energy (electricity and natural gas retail sales). More information can be found at

Media & Investor Inquiries:

D.A. (Dennis) DeChamplain
Executive Vice President &
Chief Financial Officer


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