Good time to buy more Enbridge

Enbridge, like all high-yielding utility stocks, has struggled in the past year as rising interest rates increase the appeal of competing bonds. Higher interest rates also make it more expensive for the company to make acquisitions and fund new growth projects.
However, Enbridge’s rate-regulated operations give… Read More

Both these green-power yields still look safe

These green energy firms have either cut their dividends or frozen them to conserve cash for new projects and acquisitions. Even so, their current payouts—and high yields—look sustainable.
ALGONQUIN POWER & UTILITIES CORP. $11 is a buy for long-term gains. The company (Toronto symbol AQN; High-Growth Dividend Payer… Read More

Imperial Oil invests to diversify revenue

Improving crude prices are letting Imperial Oil invest in new green energy projects that will help it comply with more-stringent environmental regulations. The company is also using its strong cash flow to reward investors.
IMPERIAL OIL LTD. $70 is a buy. This company (Toronto symbol IMO; Conservative and… Read More