Dividend Advisor Hotline – Friday, June 7, 2019

ALGONQUIN POWER & UTILITIES CORP., $16.28, Toronto symbol AQN, operates through two main businesses: the Liberty Power Group produces and sells electricity from 39 clean energy facilities across North America; and the Liberty Utilities Group provides regulated electricity, natural gas, water distribution and wastewater collection… 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

ETF Performances for March

The dramatic downward movement in U.S. government bond yields in March reverberated through the markets, with interest rate-sensitive groups, such as real estate and utilities, benefitting strongly from renewed expectations for lower, or at least steady, interest rates.
The iShares 20+ Year Treasury Bond ETF (TLT.O) tracks long-term… 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