1
Derived from payout historyIncome reliability
Quarterly income profile is visible
ACO-X.TO has an income profile aligned with its dividend company role. Provider data shows 4 recent payout records.
Market dataIncome framework read
Dividend CompanyTSXCanada
ACO-X.TO
ATCO Class I
UtilitiesPlain dividendQuarterly
Market Snapshot
$72.17
+$0.62 (86.65%)
Toronto
Yield
2.84%
Rate $2.05
Next Payment
Next pay in 6 days
Ex-date 2026-05-28
52wk Position
93.44%
-2.34% below high
Updated just now
Decision Area
Distribution and DRIP Defense
Payout history, default DRIP coverage, and price creep pressure using market data where available.
Distribution Chart
Last 12 payments
Confirmed Expected
Coverage Ratio Test
DRIP defense check
- Cash
- $51.25
- APR
- 0.710
- Coverage
- 0.710
Rung failed. Restore immediately or rebalance the holding.
Price Creep
Defended price ceiling
- Max defended
- $51.25
- Cushion
- -$20.92
- Cushion %
- -28.99%
Current $72.17Break $51.25
Smart Recommendation
ACO-X.TO is not defended at these inputs; top up shares, lower TPR, or test alternatives.
Research Signals
Payout sustainability
Strong
1mo agoDRIP availability
Available
1mo agoTax character
Eligible dividend
1mo agoDistribution history
Multi-decade
1mo agoStructure complexity
Moderate
1mo agoIncome trend
Growing
1mo agoAccount suitability
Non-reg: eligible div
1mo agoStructure Overview
ATCO Ltd. (ACO.X) is the parent holding company of Canadian Utilities and the ATCO group of companies, including utilities, modular structures, logistics, and housing. ACO.X pays eligible dividends quarterly and has grown dividends consistently, largely reflecting CU's regulated utility cash flows. The holding company structure adds a modest complexity layer relative to owning CU directly.
Canadian Planning Notes
- 1ACO.X trades at a holding-company discount to sum-of-parts; compare its yield against direct ownership of CU.TO when making a positioning decision.
- 2Eligible dividends qualify for the tax credit; DRIP is available.
- 3The non-utility ATCO businesses (structures, logistics) add variability to consolidated earnings not present in the pure-utility CU.
Market Facts
Market Data
A factual market, distribution, valuation, and financial snapshot for this holding.
Canadian Context
Account placement
Non-registered
Eligible Canadian dividends qualify for the dividend tax credit, which can improve after-tax income in taxable accounts.
TFSA: Tax-free growth and withdrawals.
RRSP: Tax-deferred growth, with withdrawals taxed as regular income.
Eligible dividend tax credit
- Total credit
- $345.27
- Effective rate
- 34.53%
Broker DRIP status
Questrade
Available
Wealthsimple
Available
RBC Direct Investing
Available
TD Direct Investing
Available
Run Your Numbers
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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.