Buy CU for income, ATCO for value

Canadian Utilities’ high-quality assets provide it with plenty of cash flow for shareholder dividends. That cash flow also helps explain why we have recommended the stock as a top pick for income seekers since 1995.
We also like its parent company, ATCO. Investing in that firm… Read More

Contract spurs ATCO’s earnings

ATCO LTD. (Toronto symbols ACO.X [class I non-voting] $45 and ACO.Y [class II voting] $45; Income Portfolio, Utilities sector; Shares o/s: 114.7 million; Market cap: $5.2 billion; Price-to sales ratio: 1.1; Dividend yield: 3.6%; TSINetwork Rating: Above Average; www.atco.com), through its Structures division, recently formed a joint venture with… Read More

Both this parent and subsidiary are buys

CANADIAN UTILITIES LTD. (Toronto symbols CU [class A non-voting] $37 and CU.X [class B voting] $37; Income Portfolio, Utilities sector; Shares outstanding: 273.1 million; Market cap: $10.1 billion; Price-to-sales ratio: 2.4; Dividend yield: 4.6%; TSINetwork Rating: Above Average; www.canadianutilities.com) distributes electricity and natural gas in Alberta and Australia. It also… Read More

Updating Saputo Inc., Canadian Tire Corp. and Atco Ltd.

SAPUTO INC. $46 (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 390.2 million; Market cap: $17.9 billion; Price-to-sales ratio: 1.4; Dividend yield: 1.4%; TSINetwork Rating: Average; www.saputo.com) is Canada’s largest producer of dairy products. It also operates dairies in the U.S., Australia and Argentina.
The company… Read More

Parent and subsidiary are both top payers

CANADIAN UTILITIES LTD. (Toronto symbols CU [class A non-voting] $37 and CU.X [class B voting] $37; Income-Growth Portfolio, Utilities sector; Shares outstanding: 272.1 million; Market cap: $10.1 billion; Divd. yield: 4.6%; Dividend Sustainability Rating: Highest; www.canadianutilities.com) distributes electricity and natural gas in Alberta and Australia… Read More