Two rates of growth, both with appeal

ALGONQUIN POWER & UTILITIES CORP. $6.96 (Toronto symbol AQN; Shares outstanding: 205.0 million; Market cap: $1.4 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.9%) has nearly tripled in size over the last year through a series of acquisitions. The company’s regulated utility businesses now provide… Read More

Big acquisition for Algonquin

ALGONQUIN POWER & UTILITIES CORP. $7.63 (Toronto symbol AQN; Shares outstanding: 175.0 million; Market cap: $1.3 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.2%; www.algonquinpower.com) has received approval from regulators to complete its purchase of a natural gas distribution utility in Georgia for $147.0 million… Read More

Cautious approach benefits these two

ALGONQUIN POWER & UTILITIES CORP. $7.42 (Toronto symbol AQN; Shares outstanding: 169.0 million; Market cap: $1.3 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.2%; www.algonquinpower.com) holds interests in 20 hydroelectric plants in Canada and the northeastern U.S. It also owns seven thermal energy facilities and… Read More

Updating Algonquin Power & Utilities, IBM and Crescent Point Energy

ALGONQUIN POWER & UTILITIES CORP. $6.65 (Toronto symbol AQN; Shares outstanding: 168.7 million; Market cap: $1.1 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.7%; www.algonquinpower.com) holds interests in 45 hydroelectric plants in Canada and the northeastern U.S. It also owns 12 thermal energy facilities.

In the… Read More

High yields from renewable energy

ALGONQUIN POWER & UTILITIES CORP. $6.20 (Toronto symbol AQN; Shares outstanding: 136.1 million; Market cap: $843.8 million; TSINetwork Rating: Extra Risk; Dividend yield: 4.5%; www.algonquinpower.com) holds interests in 45 hydroelectric plants in Canada and the northeastern U.S. It also owns 12 thermal energy facilities. Algonquin’s… Read More

Emera ups stake in U.S. wind farm venture

EMERA INC. $33 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 122.2 million; Market cap: $4.0 billion; Price-to-sales ratio: 1.3; Dividend yield: 4.1%; TSINetwork Rating: Average; www.emera.com) will invest an extra $83 million U.S. in seven American wind-power projects after its partner, Algonquin Power… Read More

Two lower-risk renewable power buys

Expensive wind and solar power doesn’t make sense economically. However, Algonquin and Innergex sell all of their wind and solar power under long-term, government-guaranteed contracts at above-market prices. That cuts their risk.

ALGONQUIN POWER & UTILITIES CORP. $5.60 (Toronto symbol AQN; Shares outstanding: 112.8 million; Market… Read More

Steady gains from renewable power

High-cost wind and solar power doesn’t make sense economically. However, Algonquin and Innergex sell all of their wind and solar power under long-term, government-guaranteed contracts at above-market prices. That cuts their risk.

ALGONQUIN POWER & UTILITIES CORP. $5.71 (Toronto symbol AQN; Shares outstanding: 94.3 million; Market… Read More

High yields from renewable energy

ALGONQUIN POWER & UTILITIES CORP. $5.21 (Toronto symbol AQN; Shares outstanding: 95.1 million; Market cap: $495.5 million; TSINetwork Rating: Extra Risk; Dividend yield: 5.0%; www.algonquinpower.com) holds interests in 44 hydroelectric plants in Canada and the northeastern U.S., as well as 12 thermal-energy facilities. Wholly owned… Read More

This utility is investing for growth

Stocks in the Utilities sector usually appeal mainly to conservative and income-seeking investors. That’s because these firms’ operations (such as power plants and pipelines) generate steady cash flows that help them pay above-average dividends.

However, some utilities also offer opportunities for growth. Emera is good example… Read More