Tuesday, January 31, 2023

Hydro One Ltd

Since some of the stocks I am following are being bought out. I thought a good stock to follow might be Hydro One Ltd. It is a utility stock and has been recommended by various persons. It appeared in the Stable Dividend Portfolio when Norman Rothery of the Globe and Mail on December 21, 2022 about a Variety of Portfolios. It is on the Money Sense list with a C. Rating.

The Total Return per year is shown below for years of 5 to 6 to the end of 2021. Under the Capital Gain column is the portion of the Total Return attributable to capital gains. Under the Dividend column is the portion of the Total Return attributable to dividends. However, the last three increases have been around 5%, but there was a decrease after the first year of dividends. See chart below.

From Years Div. Gth Tot Ret Cap Gain Div.
2016 5 1.65% 10.33% 6.77% 3.56%
2015 6 6.53% 10.30% 6.61% 3.69%

Looking at growth over the past 5 and 7 years, it has been good. See Chart below

Year Item Tot. Growth Per Year
5 Revenue Growth 10.27% 1.97%
5 AEPS Growth 33.06% 5.88%
5 Net Income Growth 33.84% 6.00%
5 Cash Flow Growth 29.77% 5.35%
5 Dividend Growth 8.51% 1.65%
5 Stock Price Growth 38.76% 10.33%
7 Revenue Growth 10.34% 1.42%
7 AEPS Growth 5.23% 3.92%
7 Net Income Growth 32.01% 4.05%
7 Cash Flow Growth 71.10% 7.97%
5 Dividend Growth 8.51% 1.65%
7 Stock Price Growth 51.34% 6.61%

On my other blog I wrote yesterday about Shaw Communications Inc (TSX-SJR.B, NYSE-SJR) ... learn more. Next, I will write about Exco Technologies Ltd (TSX-XTC, OTC-EXCOF) ... learn more on Wednesday, February 1, 2023 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.

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