Earnings ·
Hydro One reports Q3 EPS of $0.69 and declares $0.3531 quarterly dividend
HRNNFHydro One Ltd
Hydro One reported third-quarter basic earnings per share of $0.69, down from $0.70 in the prior-year period, driven by higher operating costs and interest expenses that offset increased revenues from approved rates and peak demand. The company declared a quarterly cash dividend of $0.3531 per share, payable on December 31, 2026 to shareholders of record on December 9, 2026. Additionally, Hydro One submitted a proposed $37 billion investment plan for its transmission and distribution systems covering the 2028-2032 period to the Ontario Energy Board. The company operates as Ontario’s largest electricity transmission and distribution provider.