16:30:33 EDT Tue 31 Mar 2026
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Canadian Utilities Ltd
Symbol CU
Shares Issued 205,542,087
Close 2026-03-30 C$ 48.77
Market Cap C$ 10,024,287,583
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Globe says Canadian Utilities good for turbulent times

2026-03-31 09:24 ET - In the News

Also In the News (C-XUT) iShares S&P/TSX Capped Utilities Index ETF

The Globe and Mail reports in its Tuesday, March 31, edition that adding low-risk stocks such as utilities can be an easy way to invest in turbulent times. The Globe's regular guest columnist Gordon Pape writes that utilities are one of his go-to positions in times like this. The S&P/TSX Capped Utilities Index is up 9.26 per cent year-to-date (March 26) and is down only 0.75 per cent since Feb. 27. Mr. Pape says it is a sea of tranquility in a raging storm. An easy way to invest in this sector is to buy units of the iShares S&P/TSX Capped Utilities Index ETF. The units are up about 9 per cent so far this year, and the trailing distribution yield is 3.5 per cent. If you prefer an individual stocks, Mr. Pape recommends Canadian Utilities. It has outperformed the Utilities sub-index so far in 2026, with a gain of 13.1 per cent and has an attractive yield of 3.8 per cent. On Jan. 8 Canadian Utilities declared a first quarter dividend of 46.23 cents a share or $1.85 on an annualized basis, continuing its 54-year track record of consecutive annual dividend increases. Mr. Pape says he rates Canadian Utilities as a buy in the current situation.

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