Canadian Utilities Raises Q1 Dividend 1% to 46.23¢, CU Inc. Declares Eligible Preferred Dividends
Canadian Utilities Limited declared a Q1 dividend of 46.23¢ per share, up 1% quarter-over-quarter, marking its 54th consecutive annual increase, payable March 1, 2026 to shareholders of record on February 5, 2026. CU Inc., its wholly-owned subsidiary, announced cumulative redeemable preferred share dividends qualifying as eligible dividends under Canadian tax law.
1. CU Inc. Declares Eligible Cumulative Redeemable Preferred Share Dividends
CU Inc., a wholly-owned subsidiary of Canadian Utilities Limited, has declared its quarterly Cumulative Redeemable Preferred Share dividends, which qualify as eligible dividends under Canadian tax law. Based in Calgary, the utility unit operates rate-regulated pipeline, natural gas transmission and distribution, and electricity transmission and distribution businesses. With approximately 3,700 employees and $19 billion in total assets, CU Inc. continues to benefit from stable cash flows generated by long-term infrastructure contracts across Alberta and surrounding provinces.
2. Canadian Utilities Limited Announces 54th Consecutive Dividend Increase
Canadian Utilities Limited declared a first quarter dividend of 46.23 cents per share, representing a 1% increase over the previous quarter’s payout. This marks the company’s 54th consecutive year of dividend growth, underscoring its commitment to returning capital to shareholders. The dividend will be payable on March 1, 2026, to shareholders of record as of February 5, 2026. The increase follows robust regulatory approvals for rate base expansions in both electricity and gas distribution segments, which are expected to support continued earnings stability.