/PRNewswire/ - Hydro One Limited (Hydro One) (TSX: H), in accordance with Toronto Stock Exchange requirements, announced the voting results from its virtual.
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Hydro One Reports First Quarter Results
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A resilient business strategy and stable fundamentals allow Hydro One to support its customers and communities while delivering positive financial results
TORONTO, May 7, 2021 /PRNewswire/ - Hydro One Limited (Hydro One or the Company) today announced its financial and operating results for the first quarter ended March 31, 2021.
First Quarter Highlights
First quarter earnings per share (EPS) and adjusted EPS was $0.45, compared to EPS and adjusted EPS of $0.38, for the same period in 2020. The increase was due mainly to approved rates for the transmission and distribution segments, and higher demand because of colder weather, partially offset by higher depreciation, amortization and asset removal costs, and higher work program costs.
Hydro One Limited Declares Quarterly Common Share Dividend
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TORONTO, May 7, 2021 /PRNewswire/ - Hydro One Limited (TSX: H), announced that its Board of Directors has declared a quarterly cash dividend to common shareholders of $0.2663 per share to be paid on June 30, 2021 to shareholders of record on June 9, 2021.
Unless indicated otherwise, all common share dividends paid by Hydro One Limited to shareholders are designated as eligible dividends for the purpose of the Income Tax Act (Canada) and any similar provincial legislation. Such quarterly dividends, unless and until changed, are only payable as and when declared by Hydro One Limited s Board of Directors and there is no entitlement to any dividend prior thereto.
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