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Published 3 months ago

Hydro Quebec's dividend falls by a quarter as exports decline

Summary by Ground News

Hydro Quebec's net income and the dividend paid to the Quebec government fell by more than a quarter in 2023. The utility announced on Wednesday that its net income fell by $1.3 billion, or 27.8 per cent. In 2023, Hydro Quebec's exports fell by 35 per cent compared with the same period last year. Lower prices on international markets were offset by the use of derivatives.

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Hydro Quebec's dividend falls by a quarter as exports decline

Hydro Quebec's net income and the dividend paid to the Quebec government fell by more than a quarter in 2023, while its exports declined due to low water levels.

3 months ago·Canada

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Hydro-Québec's dividend falls by a quarter while exports fall

Hydro-Québec's net profit and the dividend paid to the Quebec government fell by more than...

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