Yahoo Finance Why Canadian Utilities Limited (TSE:CU) Is An Attractive Investment To Consider
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Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on Canadian Utilities Limited (TSE:CU) due to its excellent fundamentals in more than one area. CU is a notable dividend-paying company with a a great track record of delivering benchmark-beating performance. In the following section, I expand a bit more on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Canadian Utilities here.
Established dividend payer with proven track record
In the previous year, CU has ramped up its bottom line by 52%, with its latest earnings level surpassing its average level over the last five years. In addition to beating its historical values, CU also outperformed its industry, which delivered a growth of 18%. This is an notable feat for the company.
Income investors would also be happy to know that CU is a great dividend company, with a current yield standing at 4.6%. CU has also been regularly increasing its dividend payments to shareholders over the past decade.
Next Steps:
For Canadian Utilities, I've compiled three relevant aspects you should look at:
Future Outlook: What are well-informed industry analysts predicting for CU’s future growth? Take a look at our free research report of analyst consensus for CU’s outlook.
Financial Health: Are CU’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of CU? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.
