Edition:
United States

Canadian Utilities Ltd (CU.TO)

CU.TO on Toronto Stock Exchange

39.00CAD
12:02pm EDT
Change (% chg)

$0.05 (+0.13%)
Prev Close
$38.95
Open
$38.89
Day's High
$39.31
Day's Low
$38.87
Volume
196,339
Avg. Vol
240,433
52-wk High
$40.78
52-wk Low
$34.48

Latest Key Developments (Source: Significant Developments)

Canadian Utilities qtrly adjusted earnings $96 mln vs. $99 mln
Wednesday, 26 Oct 2016 07:59am EDT 

Canadian Utilities Ltd : Canadian Utilities reports third quarter 2016 earnings . Excluding prior period impacts of GTA decision, normalized adjusted earnings were $108 million for quarter .Canadian Utilities Ltd - qtrly adjusted earnings $96 million versus $99 million.  Full Article

Canadian Utilities posts rise in Q2 adjusted earnings
Wednesday, 27 Jul 2016 07:47am EDT 

Canadian Utilities Ltd : Canadian utilities reports second quarter 2016 earnings . Says Q2 adjusted earnings for 2016 of $131 million compared to $101 million in 2015 .Earnings in Q2 reduced by one-time earnings impact resulting from retroactive regulatory decision Atco Gas Australia received.  Full Article

Canadian Utilities Ltd increases common share dividend
Thursday, 7 Jan 2016 05:13pm EST 

Canadian Utilities Ltd:Declared a first quarter dividend of 32.50 cents per Class A non-voting and Class B common share.Says a 10% increase over the 29.50 cents paid in each of the four previous quarters.Dividend is payable March 1, 2016, to shareholders of record on February 5, 2016.  Full Article

Canadian Utilities Ltd announces closing of $250 million preferred share issue
Thursday, 24 Sep 2015 08:15am EDT 

Canadian Utilities Ltd:Announced today it has closed its previously announced public offering of Cumulative Redeemable Second Preferred Shares Series FF by a syndicate of underwriters.Issued 10,000,000 Series FF Preferred Shares for gross proceeds of $250,000,000.  Full Article

Canadian Utilities Ltd announces increase to preferred share issue
Monday, 14 Sep 2015 01:31pm EDT 

Canadian Utilities Ltd:Says size of offering of cumulative redeemable second preferred shares series ff has been increased to 10 million shares.Says aggregate gross proceeds will now be $250 million.  Full Article

Canadian Utilities Limited announces preferred share issue
Monday, 14 Sep 2015 09:10am EDT 

Canadian Utilities Limited:Enters into an agreement with a syndicate of underwriters co-led by BMO Capital Markets and RBC Capital Markets, and including TD Securities Inc., Scotiabank, CIBC, Canaccord Genuity Corp., and GMP Securities L.P.Says underwriters have agreed to buy 4,000,000 4.50% Cumulative Redeemable Second Preferred Shares Series FF at a price of $25.00 per share for aggregate gross proceeds of $100,000,000.Proceeds will be used for capital expenditures, to repay indebtedness and for other general corporate purposes.  Full Article

Canadian Utilities Ltd announces closing of $125 mln preferred share issue
Friday, 7 Aug 2015 08:15am EDT 

Canadian Utilities Ltd:Closes public offering of cumulative redeemable second preferred shares series EE.Says underwriters co-led by BMO Capital Markets and RBC Capital Markets, and including TD Securities Inc., Scotiabank, CIBC, Canaccord Genuity Corp., and GMP Securities L.P.Says issued 5,000,000 Series EE Preferred Shares for gross proceeds of $125,000,000.  Full Article

Canadian Utilities Ltd declares third quarter dividend
Wednesday, 29 Jul 2015 07:36am EDT 

Canadian Utilities Ltd:On July 9, 2015, Canadian Utilities declared a third quarter dividend for 2015 of 29.50 cents per Class A non-voting and Class B common share.  Full Article

Canadian Utilities Limited announces preferred share issue
Monday, 27 Jul 2015 01:34pm EDT 

Canadian Utilities Limited:Entered into an agreement with a syndicate of underwriters co-led by BMO Capital Markets and RBC Capital Markets, and including TD Securities Inc., Scotiabank, CIBC, Canaccord Genuity Corp., and GMP Securities L.P.Says underwriters have agreed to buy 5,000,000 5.25% Cumulative Redeemable Second Preferred Shares Series EE at a price of $25.00 per share for aggregate gross proceeds of $125,000,000.Says proceeds will be used for capital expenditures, to repay indebtedness and for other general corporate purposes.Canadian Utilities Limited has granted the underwriters an option to purchase at the offering price an additional 2,000,000 Series EE Preferred Shares exercisable in whole or in part at any time up to 7:00 AM (Calgary time) on the date that is two business days prior to closing.Should the option be fully exercised, the total gross proceeds of the Series EE Preferred Share offering will be $175,000,000.  Full Article

More From Around the Web

BRIEF-Canadian Utilities qtrly adjusted earnings $96 mln vs. $99 mln

* Excluding prior period impacts of GTA decision, normalized adjusted earnings were $108 million for quarter