Look beyond their latest quarterly results

All four of these power and gas utilities reported lower earnings for the second quarter of 2018. Moreover, rising interest rates have hurt their appeal among income-seeking investors. Higher rates will also increase their borrowing costs as they raise funds for new projects.
Even so, most… Read More

Two companies feed this high-yielding dividend

Two companies feed this high-yielding dividend

Higher interest rates have recently helped to keep this utility’s share price down. That’s largely because this high-yielding stock competes with fixed-income investments for investor interest. 

However, increased economic activity often accompanies higher rates and that usually helps utilities. Plus this company recently acquired full control… Read More

Utilities still appealing despite rising rates

Share prices for these four power producers have dropped recently. That’s mainly because rising interest rates have increased the appeal of bonds for income-seeking investors. As well, higher interest rates will make it more expensive for utilities to refinance their own outstanding bonds.
However, all four… Read More

These top utilities offer rising income

CANADIAN UTILITIES LTD. (Toronto symbols CU [class A non-voting] $34 and CU.X [class B voting] $34; Income-Growth Portfolio, Utilities sector; Shares outstanding: 271.1 million; Market cap: $9.2 billion; Dividend yield: 4.6%; Dividend Sustainability Rating: Highest; www.canadianutilities.com) distributes electricity and natural gas in Alberta and Australia. It also owns or invests in… Read More

Two companies contribute to this dividend

Two companies contribute to this dividend

This company’s ownership of a major electric and natural gas utility is its primary source of earnings.

Recently, this firm bought back the remaining 25% of its structures and logistics business, which should benefit it and its major subsidiary. Meanwhile the company has raised its… Read More

Focus on their dividends, not interest rates

Rising interest rates have increased the attractiveness of bonds and hurt interest in high-yielding dividend stocks like these four utilities. However, steady cash flows from their high-quality operations will continue to let them keep increasing their payouts.

EMERA INC. $43 (Toronto symbol EMA; Income Portfolio,… Read More