Latest news with #HydroOneLimited
Cision Canada
11-07-2025
- Business
- Cision Canada
Hydro One To Release Second Quarter 2025 Results on August 13, 2025 Before Markets Open
Investment Community Teleconference Set for August 13, 2025 at 8 a.m. ET TORONTO, July 11, 2025 /CNW/ - Hydro One Limited (TSX: H), the largest electric transmission and distribution utility in Ontario, plans to release its second quarter financial results the morning of August 13, 2025, before North American financial markets open. A summary of the results will be distributed by newswire and the complete MD&A and financial statements will be posted at and Hydro One's management will host a teleconference with the investment community starting at 8 a.m. ET that same morning to discuss the results and outlook. Those wishing to listen to the teleconference can access the live webcast through the Investor Relations Events and Presentations section of Hydro One's website at A rebroadcast of the teleconference will be available following the call at the same link. Members of the North American financial community wanting to ask questions during the call should use the following link (registration link), and you will be provided with personalized dial-in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. Other interested parties and media are welcome to participate on a listen-only basis. Hydro One Limited (TSX: H) Hydro One Limited, through its wholly-owned subsidiaries, is Ontario's largest electricity transmission and distribution provider with 1.5 million valued customers, $36.7 billion in assets as at December 31, 2024, and annual revenues in 2024 of $8.5 billion. Our team of 10,100 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2024, Hydro One invested $3.1 billion in its transmission and distribution networks, and supported the economy through buying $2.9 billion of goods and services. We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives. Hydro One Limited's common shares are listed on the TSX and certain of Hydro One Inc.'s medium term notes are listed on the NYSE. Additional information can be accessed at or For More Information
Yahoo
25-06-2025
- Business
- Yahoo
Hydro One Limited Announces Election of Directors
TORONTO, June 24, 2025 /CNW/ - Hydro One Limited (Hydro One) (TSX: H), announced today that the nine nominees listed in its Management Information Circular, dated April 28, 2025, have been elected as directors at the Annual and Special Meeting of Shareholders held earlier today. A total of 504,530,595 shares representing 84.12% of Hydro One's issued and outstanding common shares were voted in connection with the meeting. The detailed voting results for the director elections are outlined below. Director Votes For (Percent) Votes Withheld (Percent) David Hay 99.46 % 0.54 % David Lebeter 99.87 % 0.13 % Stacey Mowbray 99.82 % 0.18 % Mitch Panciuk 99.71 % 0.29 % Mark Podlasly 99.87 % 0.13 % Helga Reidel 99.73 % 0.27 % Melissa Sonberg 99.28 % 0.72 % Brian Vaasjo 99.20 % 0.80 % Susan Wolburgh Jenah 97.75 % 2.25 % Additionally, all other matters voted on at the Annual and Special Meeting of Shareholders were approved. Final voting results on all matters voted on at the Annual and Special Meeting of Shareholders will be available shortly at and will be filed with Canadian and U.S. securities regulators. Hydro One Limited (TSX: H)Hydro One Limited, through its wholly-owned subsidiaries, is Ontario's largest electricity transmission and distribution provider with 1.5 million valued customers, $36.7 billion in assets as at December 31, 2024, and annual revenues in 2024 of $8.5 billion. Our team of 10,100 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2024, Hydro One invested $3.1 billion in its transmission and distribution networks, and supported the economy through buying $2.9 billion of goods and services. We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives. Hydro One Limited's common shares are listed on the TSX and certain of Hydro One Inc.'s medium term notes are listed on the NYSE. Additional information can be accessed at or For more information about Hydro One, please visit where you can find additional information including links to securities filings, historical financial reports, and information about the Company's governance practices, corporate social responsibility, customer solutions, and further information about its business. Forward-Looking Statements and Information:This press release may contain "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of applicable U.S. securities laws (collectively, "forward-looking information"). Statements containing forward-looking information are made pursuant to the "safe harbour" provisions of applicable Canadian and U.S. securities laws. Words such as "expect", "anticipate", "intend", "attempt", "may", "plan", "will", "can", "believe", "seek", "estimate", and variations of such words and similar expressions are intended to identify such forward-looking information. These statements are not guarantees of future performance or actions and involve assumptions and risks and uncertainties that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed, implied or forecasted in such forward-looking information. Some of the factors that could cause actual results or outcomes to differ materially from the results expressed, implied or forecasted by such forward-looking information, including some of the assumptions used in making such statements, are discussed more fully in Hydro One's filings with the securities regulatory authorities in Canada, which are available on SEDAR+ at Hydro One does not intend, and it disclaims any obligation, to update any forward-looking information, except as required by law. View original content to download multimedia: SOURCE Hydro One Limited View original content to download multimedia:
Cision Canada
25-06-2025
- Business
- Cision Canada
Hydro One Limited Announces Election of Directors
TORONTO, June 24, 2025 /CNW/ - Hydro One Limited (Hydro One) (TSX: H), announced today that the nine nominees listed in its Management Information Circular, dated April 28, 2025, have been elected as directors at the Annual and Special Meeting of Shareholders held earlier today. A total of 504,530,595 shares representing 84.12% of Hydro One's issued and outstanding common shares were voted in connection with the meeting. The detailed voting results for the director elections are outlined below. Additionally, all other matters voted on at the Annual and Special Meeting of Shareholders were approved. Final voting results on all matters voted on at the Annual and Special Meeting of Shareholders will be available shortly at and will be filed with Canadian and U.S. securities regulators. Hydro One Limited (TSX: H) Hydro One Limited, through its wholly-owned subsidiaries, is Ontario's largest electricity transmission and distribution provider with 1.5 million valued customers, $36.7 billion in assets as at December 31, 2024, and annual revenues in 2024 of $8.5 billion. Our team of 10,100 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2024, Hydro One invested $3.1 billion in its transmission and distribution networks, and supported the economy through buying $2.9 billion of goods and services. We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives. Hydro One Limited's common shares are listed on the TSX and certain of Hydro One Inc.'s medium term notes are listed on the NYSE. Additional information can be accessed at or For more information about Hydro One, please visit where you can find additional information including links to securities filings, historical financial reports, and information about the Company's governance practices, corporate social responsibility, customer solutions, and further information about its business. Forward-Looking Statements and Information: This press release may contain "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of applicable U.S. securities laws (collectively, "forward-looking information"). Statements containing forward-looking information are made pursuant to the "safe harbour" provisions of applicable Canadian and U.S. securities laws. Words such as "expect", "anticipate", "intend", "attempt", "may", "plan", "will", "can", "believe", "seek", "estimate", and variations of such words and similar expressions are intended to identify such forward-looking information. These statements are not guarantees of future performance or actions and involve assumptions and risks and uncertainties that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed, implied or forecasted in such forward-looking information. Some of the factors that could cause actual results or outcomes to differ materially from the results expressed, implied or forecasted by such forward-looking information, including some of the assumptions used in making such statements, are discussed more fully in Hydro One's filings with the securities regulatory authorities in Canada, which are available on SEDAR+ at Hydro One does not intend, and it disclaims any obligation, to update any forward-looking information, except as required by law.
Cision Canada
04-06-2025
- Business
- Cision Canada
Hydro One Limited announces Melissa Sonberg as the Chair of the Board of Directors
TORONTO, June 4, 2025 /CNW/ - Hydro One Limited announced today that Melissa Sonberg has been appointed as the new Chair of the Board, effective June 4, 2025. Ms. Sonberg joined the Board of Directors on August 14, 2018. "It is a privilege to assume the role as Chair of the Board of Directors at such a pivotal time for Ontario's growth," said Melissa Sonberg, Chair of the Board of Directors, Hydro One Limited. "I extend my sincere thanks to Susan Wolburgh Jenah for her leadership as Interim Chair. I look forward to working with the Board and management as we continue to invest in a safe and reliable electricity system to help drive Ontario's prosperity." Ms. Sonberg replaces Timothy Hodgson who resigned as Chair of the Board of Directors on April 28, 2025 following an unpaid leave of absence to run for political office. Susan Wolburgh Jenah served as Interim Chair of the Board from March 24, 2025 to June 4, 2025 and has continued to serve as Chair of the Governance and Regulatory Committee. Biography Melissa Sonberg is a corporate director and Chair of the Board of Hydro One Limited. Ms. Sonberg was most recently a Professor of Practice at McGill University's Desautels Faculty of Management, where she was a faculty member from 2014 to 2024. She spent the early part of her career in the healthcare industry before joining Air Canada, where she held leadership positions in a range of customer facing, operational and corporate functions. Ms. Sonberg was part of the founding executive team of Aeroplan, which became part of AIMIA Inc. Ms. Sonberg held positions of Senior Vice President, Human Resources & Corporate Affairs and Senior Vice President, Global Brands, Communications and External Affairs at AIMIA from 2001 to 2013. Ms. Sonberg sits on the boards of Exchange Income Corporation (TSX), Athennian, Enghouse Systems Inc. (TSX), Canada Post Corporation and the Canadian Foundation for Governance Research. Ms. Sonberg holds a Bachelor of Science (Psychology) from McGill University, a Master of Health Administration from the University of Ottawa and holds her ICD.D. She is a Certified Human Resource Executive (CHRE). Hydro One Limited (TSX: H) Hydro One Limited, through its wholly-owned subsidiaries, is Ontario's largest electricity transmission and distribution provider with 1.5 million valued customers, $36.7 billion in assets as at December 31, 2024, and annual revenues in 2024 of $8.5 billion. Our team of 10,100 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2024, Hydro One invested $3.1 billion in its transmission and distribution networks, and supported the economy through buying $2.9 billion of goods and services. We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives. or
Yahoo
27-05-2025
- Business
- Yahoo
Hydro One (TSE:H) Is Increasing Its Dividend To CA$0.3331
Hydro One Limited (TSE:H) will increase its dividend from last year's comparable payment on the 30th of June to CA$0.3331. Even though the dividend went up, the yield is still quite low at only 2.6%. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. The dividend yield is a little bit low, but sustainability of the payments is also an important part of evaluating an income stock. Based on the last payment, Hydro One's earnings were much higher than the dividend, but it wasn't converting those earnings into cash flow. No cash flows could definitely make returning cash to shareholders difficult, or at least mean the balance sheet will come under pressure. Over the next year, EPS is forecast to expand by 16.4%. If the dividend continues on this path, the payout ratio could be 26% by next year, which we think can be pretty sustainable going forward. See our latest analysis for Hydro One Even though the company has been paying a consistent dividend for a while, we would like to see a few more years before we feel comfortable relying on it. Since 2016, the dividend has gone from CA$0.84 total annually to CA$1.33. This works out to be a compound annual growth rate (CAGR) of approximately 5.3% a year over that time. The dividend has been growing as a reasonable rate, which we like. However, investors will probably want to see a longer track record before they consider Hydro One to be a consistent dividend paying stock. Some investors will be chomping at the bit to buy some of the company's stock based on its dividend history. It's encouraging to see that Hydro One has been growing its earnings per share at 7.9% a year over the past five years. The lack of cash flows does make us a bit cautious though, especially when it comes to the future of the dividend. In summary, while it's always good to see the dividend being raised, we don't think Hydro One's payments are rock solid. With cash flows lacking, it is difficult to see how the company can sustain a dividend payment. This company is not in the top tier of income providing stocks. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. For example, we've identified 2 warning signs for Hydro One (1 is a bit concerning!) that you should be aware of before investing. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
