TORONTO, Nov. 7, 2019 /CNW/ - Hydro One Limited (TSX: H),
announced that its Board of Directors has declared a quarterly cash
dividend to common shareholders of $0.2415 per share to be paid on December 31, 2019 to shareholders of record on
December 11, 2019.
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.
About Hydro One Limited
We are Ontario's largest
electricity transmission and distribution provider with almost 1.4
million valued customers, almost $25.8
billion in assets and 2018 annual revenues of almost
$6.2 billion. Our team of
approximately 8,600 skilled and dedicated employees proudly build
and maintain a safe and reliable electricity system which is
essential to supporting strong and successful communities. In 2018,
Hydro One invested almost $1.6
billion in its 30,000 circuit kilometres of high-voltage
transmission and 123,000 circuit kilometres of primary distribution
networks and injected approximately $1.3
billion into the economy by buying goods and services in
Ontario. We are committed to the
communities where we live and work through community investment,
sustainability and diversity initiatives. We are designated as a
Sustainable Electricity Company by the Canadian Electricity
Association. Through Hydro One Telecom Inc.'s extensive fibre optic
network, we also provide advanced broadband telecommunications
services on a wholesale basis. Hydro One Limited's common shares
are listed on the Toronto Stock Exchange (TSX: H).
For More Information
For more information about everything Hydro One, please visit
www.HydroOne.com 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.
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SOURCE Hydro One Limited