{"id":9522,"date":"2018-05-15T07:53:19","date_gmt":"2018-05-15T11:53:19","guid":{"rendered":"http:\/\/lifeinsurance-orleans.ca\/Life-Insurance-Blog\/?guid=a02c8ab92d8cd05518b62cd187cf840e"},"modified":"2018-05-15T07:53:19","modified_gmt":"2018-05-15T11:53:19","slug":"hydro-one-first-quarter-profit-up-33-to-222-million-dividend-rising","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2018\/05\/15\/hydro-one-first-quarter-profit-up-33-to-222-million-dividend-rising\/","title":{"rendered":"Hydro One first quarter profit up 33% to $222 million, dividend rising"},"content":{"rendered":"<p>TORONTO &#8212; Hydro One says its first-quarter profit rose to $222 million, which was up 33 per cent from the same time last year.<\/p>\n<p>That included $12 million related to its $6.7-billion acquisition of Avista, a U.S. energy company.<\/p>\n<p>The Ontario utility&#8217;s profit amounted to 37 cents per share, up from 28 cents per share in the first quarter of 2017.<\/p>\n<p>Revenue was $1.58 billion, or $875 million after excluding purchased power.<\/p>\n<p>That compared with 2017 first-quarter revenue of $1.66 billion, or $769 million net of purchased power.<\/p>\n<p>Hydro One says its quarterly dividend will rise by one cent to 23 cents per share, payable June 29. It has paid a dividend of 22 cents per share since last June.<\/p>\n<p>Companies in this story: (TSX:H)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO &mdash; Hydro One says its first-quarter profit rose to $222 million, which was up 33 per cent from the same time last year. That included $12 million related to its $6.7-billion acquisition of Avista, a U.S. energy company. The Ontario utility&rsquo;s profit amounted to 37 cents per share, up from 28 cents per share [&hellip;]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/9522"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=9522"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/9522\/revisions"}],"predecessor-version":[{"id":9523,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/9522\/revisions\/9523"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=9522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=9522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=9522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}