atco
ATCO LTD. (Toronto symbols ACO.X [class I non-voting] $58 and ACO.Y [class II voting] $58; Income Portfolio, Utilities sector; Shares outstanding: 58.2 million; Market cap: $3.4 billion; Price-to-sales ratio: 1.0; Dividend yield: 2.2%; TSINetwork Rating: Above Average; www.atco.com) is a holding company....
Canadian Utilities and its parent company ATCO remain great ways for investors to earn reliable dividends. Investors looking for yield should opt for the subsidiary, while value seekers should buy the parent for its holding company discount.
CANADIAN UTILITIES LTD....
CANADIAN UTILITIES LTD....
We prefer top-quality utility stocks over bonds, mainly due to the favourable tax treatment of dividends compared to interest payments. We like both Canadian Utilities and ATCO, which both offer dependable dividends. ATCO’s holding company discount also enhances its appeal.
CANADIAN UTILITIES LTD....
CANADIAN TIRE CORP., $176.37, Toronto symbol CTC.A, is a top pick for 2023.
Investors benefit from the company’s 504 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations....
Investors benefit from the company’s 504 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations....
CGI INC., $127.47, Toronto symbol GIB.A, is your #1 Aggressive Buy for 2023.
The stock lets investors tap Canada’s largest provider of computer outsourcing services. It helps its clients automate certain routine functions like accounting and buying supplies....
The stock lets investors tap Canada’s largest provider of computer outsourcing services. It helps its clients automate certain routine functions like accounting and buying supplies....
CANADIAN UTILITIES LTD. $36 (www.canadianutilities.com) is a buy. The company distributes electricity and natural gas in Alberta and Australia....
CANADIAN UTILITIES LTD. (class A non-voting) is a buy.
The company (Toronto symbols CU [class A non-voting] $37.96 and CU.X [class B voting] $38.10) distributes electricity and natural gas in Alberta and Australia. It also owns or invests in 7 non-regulated power plants—1 in Canada, 2 in Mexico, 3 in Australia and 1 in Chile....
The company (Toronto symbols CU [class A non-voting] $37.96 and CU.X [class B voting] $38.10) distributes electricity and natural gas in Alberta and Australia. It also owns or invests in 7 non-regulated power plants—1 in Canada, 2 in Mexico, 3 in Australia and 1 in Chile....
These four leading utility stocks get most of their revenue from rate-regulated operations. That makes its easier to recoup the cost of new power plants and upgrades to their existing assets. Moreover, they continue to use their increasing cash flow to reward investors with dividend hikes.
FORTIS INC....
HOME CAPITAL GROUP INC., $42.48, Toronto symbol HCG, is still a hold.
The company is a mortgage lender serving borrowers who fail to meet the stricter standards of Canada’s big banks and other larger, traditional lenders.
Home Capital recently accepted a friendly takeover offer of $44.00 a share from Smith Financial Corp....
The company is a mortgage lender serving borrowers who fail to meet the stricter standards of Canada’s big banks and other larger, traditional lenders.
Home Capital recently accepted a friendly takeover offer of $44.00 a share from Smith Financial Corp....
Canadian Utilities and its parent company ATCO hold essentially the same pool of assets. Investors looking for yield should opt for the subsidiary, while value seekers should buy the parent for its holding company discount.
CANADIAN UTILITIES LTD....