U.S. businesses spur earnings for Fortis Inc.

U.S. businesses spur earnings for Fortis Inc.

Stronger earnings from this company’s U.S. operations as well as favourable currency movements helped lift its overall earnings by 10.9% in the most-recent quarter.

A series of recent U.S. acquisitions means the company now gets about 65% of its earnings from businesses south of the border.

The… 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

Algonquin balances risk and growth

Algonquin Power continues to expand through big acquisitions, which adds risk. Still, it partially offsets that with acquisitions that add immediately to its cash flow—plus, its renewable energy projects sell their power under long-term government-guaranteed contracts. The company’s international expansion also reduces its geographic risk.

Updating Tupperware Brands Corp., Andrew Peller Ltd., and Algonquin Power & Utilities Corp.

TUPPERWARE BRANDS CORP. $33 (New York symbol TUP; Conservative-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 50.0 million; Market cap: $1.7 billion; Dividend yield: 8.2%; Dividend Sustainability Rating: Above Average; www.tupperwarebrands.com) makes consumer goods such as plastic food and beverage containers, and cosmetics and fragrances.
The company last… Read More