Hydro One Limited Announces 5% Dividend Increase

Following the conclusion of the first quarter, on May 3, 2017, the Hydro One (H: TSX) declared a quarterly cash dividend to common shareholders of $0.22 per share to be paid on June 30, 2017 to shareholders of record on June 13, 2017. This represents a dividend increase of 5% and is the first increase since the Company instituted a post-IPO common share dividend of $0.21 per share in February 2016. The increase reflects the Company’s expectation of continued long-term earnings growth.

Source: Hydro One