canadian utilities
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....
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....
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 U.S....
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....
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....
These four utilities are converting their older plants to cleaner-burning fuels and building new green-power projects. Those investments will help reduce the impact of new carbon taxes and let them keep raising their dividends.
CANADIAN UTILITIES LTD. (Toronto symbols CU [class A non-voting] $34 and CU.X [class B voting] $34; Income Portfolio, Utilities sector; Shares outstanding: 272.1 million; Market cap: $9.3 billion; Price-to-sales ratio: 2.1; Dividend yield: 5.0%; TSINetwork Rating: Above Average; www.canadianutilities.com) distributes electricity and natural gas in Alberta and Australia....
CANADIAN UTILITIES LTD. (Toronto symbols CU [class A non-voting] $34 and CU.X [class B voting] $34; Income Portfolio, Utilities sector; Shares outstanding: 272.1 million; Market cap: $9.3 billion; Price-to-sales ratio: 2.1; Dividend yield: 5.0%; TSINetwork Rating: Above Average; www.canadianutilities.com) distributes electricity and natural gas in Alberta and Australia....
A: PG&E Corp., $26.53, symbol PCG on New York (Shares outstanding: 517.2 million; Market cap: $14.1 billion; www.pge.com), is a holding company for Pacific Gas and Electric Company, among other nonutility subsidiaries. The company supplies electricity and gas to most of Northern and Central California (population 16 million)....
Rising interest rates generally reduce the appeal of income stocks, including utilities. However, recent acquisitions by these four industry leaders—and their new projects—set them up for years of higher dividends.
CANADIAN UTILITIES LTD. (Toronto symbols CU [class A non-voting] $31 and CU.X [class B voting] $31; Income Portfolio, Utilities sector; Shares outstanding: 272.1 million; Market cap: $8.4 billion; Price-to-sales ratio: 1.9; Dividend yield: 5.1%; TSINetwork Rating: Above Average; www.canadianutilities.com) distributes electricity and natural gas in Alberta and Australia....
CANADIAN UTILITIES LTD. (Toronto symbols CU [class A non-voting] $30 and CU.X [class B voting] $30; Income Portfolio, Utilities sector; Shares outstanding: 272.1 million; Market cap: $8.2 billion; Price-to-sales ratio: 1.8; Dividend yield: 5.2%; TSINetwork Rating: Above Average; www.canadianutilities.com) distributes electricity and natural gas in Alberta and Australia....
CANADIAN UTILITIES LTD. (Toronto symbols CU [class A non-voting] $31 and CU.X [class B voting] $31; Income-Growth Portfolio, Utilities sector; Shares outstanding: 272.1 million; Market cap: $8.4 billion; Dividend yield: 5.1%; Dividend Sustainability Rating: Highest; www.canadianutilities.com) distributes electricity and natural gas in Alberta and Australia....