High-yield ETFs—two buys, one avoid

High interest rates mean dividend-paying stocks must increasingly compete for investor interest with bonds and other fixed-income instruments. However, focusing on sustainable dividends still offers an attractive and growing income stream for investors—as long as you avoid the riskier strategies that some ETF managers use… Read More

Pembina targets a rival

PEMBINA PIPELINE, $38.02, is a buy. The company (Toronto symbol PPL; Shares outstanding: 550.0 million; Market cap: $20.8 billion; TSINetwork Rating: Average; Dividend yield: 6.6%; www.pembina.com) has announced a takeover bid for Inter Pipeline Ltd. (symbol IPL on Toronto). Pembina is offering 0.5 of a.. Read More

Pembina maps out 2019

PEMBINA PIPELINE $41.23 (Toronto symbol PPL; Shares outstanding: 502.4 million; Market cap: $20.5 billion; TSINetwork Rating: Average; Dividend yield: 5.5%; www.pembina.com) plans to spend $1.6 billion on new projects and upgrades to its existing operations in 2019.
About 53% of that spending will go toward new pipelines. That… Read More

High-quality operations offset acquisition risk

ALGONQUIN POWER & UTILITIES CORP. $14 (Toronto symbol AQN; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 473.9 million; Market cap: $6.6 billion; Dividend yield: 4.9%; Dividend Sustainability Rating: Above Average; www.algonquinpower.com) operates through two main businesses: The Generation Group produces and sells electricity from 35 clean energy… Read More

These utilities offer income—and growth

PEMBINA PIPELINE $45.89 (Toronto symbol PPL; Shares outstanding: 502.4 million; Market cap: $23.1 billion; TSINetwork Rating: Average; Dividend yield: 5.0%; www.pembina.com) owns pipelines that carry almost all of B.C.’s oil and half of Alberta’s conventional oil. In addition, its network transports 30% of Western Canada’s natural gas… Read More