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

More to Fortis than dividends

Several factors recommend Fortis as our top Income Portfolio buy for 2019. They include the company’s long history of annual dividend hikes and its plan to continue raising that payment over the next five years. Fortis has plenty of room to meet that goal: it… Read More

Algonquin ups its payout

ALGONQUIN POWER & UTILITIES $16.05 (Toronto symbol AQN; Shares outstanding: 490.5 million; Market cap: $7.9 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.6%) operates through two main businesses: The Generation Group produces and sells electricity from 35 clean energy facilities across North America; and the Distribution Group… Read More

Algonquin spreads globally

ALGONQUIN POWER & UTILITIES $16.03 (Toronto symbol AQN; Shares outstanding: 490.5 million; Market cap: $7.8 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.8%) operates natural gas, water distribution and wastewater collection services.
The company will now buy Bermuda Electric Light Co., which is the main provider of electricity… Read More

Dividend increase: Algonquin

ALGONQUIN POWER & UTILITIES CORP. $16 (Toronto symbol AQN; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 490.5 million; Market cap: $7.8 billion; Dividend yield: 4.8%; Dividend Sustainability Rating: Above Average; www.algonquinpower.com) operates through two main businesses: The Liberty Power Group produces and sells electricity from 39 clean… Read More