Get a 4.4% yield from Emera Inc.

Get a 4.4% yield from Emera Inc.

This stock has bounced back strongly from March 2020 lows and should continue to rise as the pandemic eases and more countries reopen their economies.  

The company’s plan to reduce its fossil fuels exposure should also bolster the stock’s appeal with institutional investors who increasingly… Read More

Blue chip ETFs focus on Canada

Blue chip ETFs focus on Canada

These two blue chip ETFs hold mostly large-capitalization, widely traded stocks on the Canadian exchange. Both funds mirror, or track, the performance of major stock market indexes as opposed to narrower ones focused on resources or themes, such as solar power or biotech.
Blue chip ETFs… Read More

COVID-19 boosts the appeal of Utilities ETFs

Central banks are keeping interest rates down in order to counter the negative effects of the COVID-19 pandemic. (The Supplement on page 69 offers you more info on how high deficits and low interest rates in the wake of the coronavirus will affect governments going… Read More

Sale frees up cash for new projects

EMERA INC. $54 is a buy. The company (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 236.2 million; Market cap: $12.8 billion; Price-to-sales ratio: 2.2; Dividend yield: 4.5%; TSINetwork Rating: Average; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also holds interests… Read More

Quality assets fuel this dividend

The COVID-19 pandemic has spurred an investor flight to quality stocks like Emera. Shares of the utility are down just 3.4% since the start of 2020, compared to the 10.5% drop for the S&P/TSX Composite Index.
This resilience just enhances the long-term appeal of Emera, which… Read More

Emera Inc. yields a sustainable 4.6%

Emera Inc. yields a sustainable 4.6%

Regulated power contracts provide dependable cash flow for this utility, while keeping investor income stable despite today’s economic uncertainty.

The company’s planned spending on new projects will also keep it competitive in the long term when global stability improves.

EMERA INC. (Toronto symbol EMA; www.emera.com) owns 100%… Read More