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.

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