emera
Emera Inc. is a publicly traded Canadian multinational energy holding company based in Halifax, Nova Scotia.
Founded in 1998 during the privatization of Nova Scotia Power, Emera now invests in regulated electricity generation, transmission, and distribution across North America and the Caribbean. The company operates through various subsidiaries, including Florida Electric Utility and Canadian Electric Utilities, and is committed to delivering reliable, affordable, safe, and sustainable energy to approximately 2.5 million customers. Emera is also focused on operational excellence and strategic investments in high-potential markets, aiming to meet the evolving needs of the energy sector.
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A: Dividend 15 Split Corp., $10.88, symbol DFN on Toronto (Shares outstanding: 31.6 million; Market cap: $343.8 million; www.dividend15.com), is a split-share investment corporation that holds shares of 15 companies: BCE Inc., CI Financial Corporation, Bank of Nova Scotia, Thomson Reuters, National Bank of Canada, Loblaw Cos., Sun Life Financial, Canadian Imperial Bank of Commerce, TransCanada Corporation, Manulife Financial, TD Bank, Royal Bank of Canada, Bank of Montreal, Telus Corporation and Enbridge.
The company can also invest up to 15% of its portfolio in other stocks....
The company can also invest up to 15% of its portfolio in other stocks....
EMERA INC. $49 (Toronto symbol EMA; Income-Growth Payer Portfolio, Utilities sector; Shares outstanding: 212.1 million; Market cap: $10.4 billion; Dividend yield: 4.6%; Dividend Sustainability Rating: Highest; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier....
Both Emera and Fortis have used acquisitions to expand beyond their home markets in Atlantic Canada. We generally take a skeptical view of companies that grow their businesses that way. Hidden problems with new operations can offset the expected profit gains.
However, their new operations are rate-regulated utilities with predictable revenue streams....
However, their new operations are rate-regulated utilities with predictable revenue streams....
Both Emera and Fortis have used acquisitions to expand beyond their home markets in Atlantic Canada. We generally take a skeptical view of companies that grow their businesses that way. Hidden problems with new operations can offset the expected profit gains.
However, their new operations are rate-regulated utilities with predictable revenue streams....
However, their new operations are rate-regulated utilities with predictable revenue streams....
Dear client:
With its Newfoundland projects, Emera plans to replace some of its older coal and gas-fired plants in Nova Scotia with low-cost, clean hydroelectric power.
The company’s recent purchase of U.S. power and gas distributor Teco should also pay off for years to come.
We generally take a skeptical view of companies that grow their businesses through acquisitions....
With its Newfoundland projects, Emera plans to replace some of its older coal and gas-fired plants in Nova Scotia with low-cost, clean hydroelectric power.
The company’s recent purchase of U.S. power and gas distributor Teco should also pay off for years to come.
We generally take a skeptical view of companies that grow their businesses through acquisitions....
These six ETFs hold mostly blue-chip stocks that are widely traded on Canadian and U.S. exchanges. Each ETF mirrors, or tracks, the performance of a major stock market index. That’s different from narrower indexes that focus on resources or themes such as solar power or biotech.
Of course, you pay brokerage commissions to buy and sell these ETFs....
Of course, you pay brokerage commissions to buy and sell these ETFs....
EMERA INC. $47 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 211.1 million; Market cap: $9.9 billion; Priceto-sales ratio: 2.3; Dividend yield: 4.4%; TSINetwork Rating: Average; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier....
A: The BMO Low Volatility Canadian Equity ETF, $29.04, symbol ZLB on Toronto (Units outstanding: 47.2 million; Market cap: $1.4 billion; www.etfs.bmo.com), provides exposure to a low beta-weighted portfolio of Canadian stocks.
The ETF selects the 40 or so lowest beta stocks from the 100 largest and most-liquid securities in Canada....
The ETF selects the 40 or so lowest beta stocks from the 100 largest and most-liquid securities in Canada....
Dear client: In the past few years, Emera has used acquisitions to cut its reliance on Atlantic Canada, its home region. Those new operations include U.S. power utility Teco, purchased in 2016.
Expanding by acquisition adds risk. However, the revenue stream from Emera’s new businesses is dependable and will help it to pay down debt....
Expanding by acquisition adds risk. However, the revenue stream from Emera’s new businesses is dependable and will help it to pay down debt....
In the past two years, several of Canada’s leading utility companies have used acquisitions to expand in the U.S.
That kind of strategy tends to add risk. However, the three companies we analyze below have bought regulated utilities. Predictable revenue streams from these new businesses will help them pay down the loans they needed to complete those purchases.
What’s more, the elimination of overlapping operations will free up cash for dividends....
That kind of strategy tends to add risk. However, the three companies we analyze below have bought regulated utilities. Predictable revenue streams from these new businesses will help them pay down the loans they needed to complete those purchases.
What’s more, the elimination of overlapping operations will free up cash for dividends....