Canadian Utilities Raises Q1 Dividend 1% to CAD 0.4623, Continuing 54-Year Streak

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Canadian Utilities Limited declared a first-quarter dividend of CAD 0.4623 per share, reflecting a 1% increase from the prior quarter and marking its 54th consecutive annual hike. The dividend is payable March 1, 2026 to shareholders of record on February 5, 2026.

1. CU Inc. Declares Eligible Cumulative Redeemable Preferred Share Dividends

CU Inc., a wholly-owned subsidiary of Canadian Utilities Limited, announced that its Cumulative Redeemable Preferred Share dividends will qualify as eligible dividends under Canadian tax law. The dividends cover the quarter ending December 31, 2025, and will be payable on February 28, 2026 to shareholders of record as of February 10, 2026. CU Inc. operates rate-regulated pipeline, natural gas and electricity transmission and distribution businesses across Alberta and employs approximately 3,700 staff. The company reports total assets of approximately CAD 19 billion, reflecting steady growth in its infrastructure portfolio over the past year.

2. Canadian Utilities Limited Increases Quarterly Dividend for 54th Consecutive Year

Canadian Utilities Limited declared a first quarter dividend of CAD 0.4623 per common share, representing a 1% increase over the prior quarter’s payout. This marks the 54th straight year of dividend growth for the company, underscoring a long-term commitment to shareholder returns. The dividend will be paid on March 1, 2026 to shareholders of record on February 5, 2026. Canadian Utilities’ diversified operations include energy infrastructure, utilities and prepaid services, and the company holds regulated and non-regulated assets totaling CAD 26 billion on its consolidated balance sheet as of year-end 2025.

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