EDMONTON, AB, Nov. 5, 2026 /CNW/ -- EPCOR Utilities Inc. (EPCOR) will increase its annual dividend to its sole shareholder, the City of Edmonton, from $206 million in 2026 to $210 million in 2027.
The increase was recommended by EPCOR's Board of Directors and approved by the shareholder on November 5, 2026.
"Based on EPCOR's continued growth and the forecast performance of our business, EPCOR's long-term financial performance supports an increase to the dividend in 2027," said John Elford, EPCOR President and CEO. "EPCOR continues to have a balanced commitment to delivering sustainable dividend growth, offering reasonable rates, maintaining a financially stable business, and investing in growth."
In accordance with EPCOR's dividend policy, the new dividend amount will remain in effect until the EPCOR Board recommends a different amount to the shareholder for approval.
About EPCOR
EPCOR builds, owns and operates water, electrical, natural gas transmission and distribution networks, water and wastewater treatment facilities, sanitary and stormwater systems in North America. EPCOR also provides water, electricity and natural gas products and services to residential and commercial customers. EPCOR, headquartered in Edmonton, is committed to conducting its business and operations safely and responsibly. Environmental stewardship, public health and community well-being are at the heart of EPCOR's mission to provide clean water and safe, reliable energy.
Forward-looking information
Certain information or statements in this media release are forward-looking within the meaning of Canadian securities laws as it relates to anticipated financial performance, events or strategies. When used in this context, words such as "will", "anticipate", "believe", "plan", "intend", "target", "expect", "forecast" or similar words suggest future outcomes. The purpose of forward-looking information is to provide investors with management's assessment of future plans and possible outcomes and may not be appropriate for other purposes. Material forward looking information in this media release includes expectations regarding continued growth, forecast performance and dividends to be paid in 2027.
Whether actual results, performance or achievements will conform to the Company's expectations and predictions is subject to a number of known and unknown risks and uncertainties, which could cause actual results to differ from expectations and are discussed in the Risk Factors and Risk Management sections in the Company's annual and interim Management's Discussion and Analysis.
Readers are cautioned not to place undue reliance on forward-looking statements as actual results could differ materially from the plans, expectations, estimates or intentions expressed in the forward-looking statements. Except as required by law, EPCOR disclaims any intention and assumes no obligation to update any forward-looking statement even if new information becomes available, as a result of future events or for any other reason.
SOURCE Epcor Utilities Inc.
For more information contact: Media Relations: Laura Ehrkamp (780) 721-9001, [email protected]; Corporate Relations: Matt Lemay (780) 412-3711 or toll free (877) 969-8280, [email protected]
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