Canadian Utilities Ltd. declared a first quarter dividend of 35.75 cents per Class A non-voting and Class B common share, a 10% increase over the 32.50 cents paid in each of the four previous quarters. The dividend is payable March 1, 2017, to shareholders of record on February 6, 2017.

The board also declared preferred share dividend of $0.2500 per share on Series Y 4.00% shares, $0.30625 per share on Series AA 4.90% shares, $0.30625 per share on Series BB 4.90% shares, $0.28125 per share on Series CC 4.50% shares, $0.28125 per share on Series DD 4.50% shares, $0.328125 per share on Series EE 5.25% and $0.28125 per share on Series FF 4.50%. The dividend is payable March 1, 2017, to shareholders of record on February 6, 2017.