ITC Holdings (ITC Holdings) Forward Dividend Yield % : 1.89% (As of May. 05, 2024)

View and export this data going back to 2005. Start your Free Trial

What is ITC Holdings Forward Dividend Yield %?

As of today (2024-05-05), the Forward Annual Dividend Yield of ITC Holdings is 1.89%.

As of today (2024-05-05), the Trailing Annual Dividend Yield of ITC Holdings is 1.71%.

ITC's Forward Dividend Yield % is not ranked
in the Utilities - Regulated industry.
Industry Median: 4.09 vs ITC: 1.89

ITC Holdings's Dividends per Share for the three months ended in Jun. 2016 was $0.19.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of ITC Holdings's Forward Dividend Yield %

For the Utilities - Regulated Electric subindustry, ITC Holdings's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ITC Holdings's Forward Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, ITC Holdings's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where ITC Holdings's Forward Dividend Yield % falls into.

ITC Holdings Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

ITC Holdings (NYSE:ITC) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

ITC Holdings Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of ITC Holdings's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

ITC Holdings (ITC Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » ITC Holdings Corp (NYSE:ITC) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.itc-holdings.com

ITC Holdings Corp was incorporated in 2002 in the State of Michigan for the purpose of acquiring ITC Transmission. The Company, along with its subsidiaries, is engaged in transmission of electricity in the United States. Through its operating subsidiaries, ITCTransmission, METC, ITC Midwest and ITC Great Plains, it operates high-voltage systems in Michigan's Lower Peninsula and portions of Iowa, Minnesota, Illinois, Missouri, Kansas and Oklahoma that transmit electricity from generating stations to local distribution facilities connected to its systems. The Company operates, maintains and invests in transmission infrastructure in order to enhance system integrity and reliability, reduces transmission constraints and allows new generating resources to interconnect to its transmission systems. Its Regulated Operating Subsidiaries are independent electric transmission utilities, with rates regulated by the FERC and established on a cost-of-service model. The Company's Regulated Operating Subsidiaries earns revenues through tariff rates charged for the use of their electric transmission systems by its customers, which include investor-owned utilities, municipalities, cooperatives, power marketers and alternative energy suppliers. The Company's operations are subject to federal, state and local environmental laws and regulations, which impose limitations on the discharge of pollutants into the environment, establish standards for the management, treatment, storage, transportation and disposal of hazardous materials and of solid and hazardous wastes, and impose obligations to investigate and remediate contamination in certain circumstances.

Executives

Edward G Jepsen	director	C/O AMPHENOL CORPORATION, 358 HALL AVENUE, WALLINGFORD CT 06492
Rejji P Hayes	officer: EVP & CFO	ONE ENERGY PLAZA, JACKSON MI 49201
Thomas G Stephens	director	777 JOSLYN ROAD, MC 483 720 540, PONTIAC MI 48340-2925
Dave R Lopez	director	100 N BROADWAY, OKLAHOMA CITY OK 73102
Lee C Stewart	director	PO BOX 816, SHARON CT 06069
Chris Franklin	director	762 W.LANCASTER AVE, BRYN MAWR PA 19010
Cameron M Bready	officer: EVP & Chief Financial Officer	3550 LENOX RD, ATLANTA GA 30326
Watts J C Jr	director