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.
Read More
Close
NUTRIEN LTD., $82.52, Toronto symbol NTR, is still a buy for the Resources portion of your portfolio.
The company is the world’s largest producer of agricultural fertilizers. It took its current form on January 1, 2018, when Agrium Inc. (old symbol AGU) merged with rival Potash Corp....
The company is the world’s largest producer of agricultural fertilizers. It took its current form on January 1, 2018, when Agrium Inc. (old symbol AGU) merged with rival Potash Corp....
CISCO SYSTEMS INC., $53.76, Nasdaq symbol CSCO, is a buy.
Through the stock, investors tap a global producer of hardware and software that links and manages computer networks.
Cisco last raised your quarterly dividend with the April 2023 payment....
Through the stock, investors tap a global producer of hardware and software that links and manages computer networks.
Cisco last raised your quarterly dividend with the April 2023 payment....
FORTIS INC., $54.36, Toronto symbol FTS, is a buy.
The company is the main supplier of electrical power in Newfoundland and PEI. Fortis also owns electrical utilities across Canada, the U.S. and the Caribbean. In addition, the company distributes natural gas in British Columbia, Arizona and New York State.
Fortis is now raising your quarterly dividend by 4.4%....
The company is the main supplier of electrical power in Newfoundland and PEI. Fortis also owns electrical utilities across Canada, the U.S. and the Caribbean. In addition, the company distributes natural gas in British Columbia, Arizona and New York State.
Fortis is now raising your quarterly dividend by 4.4%....
Given government mandates to cut greenhouse gas emissions, these three utility companies continue to invest in renewable power. That should lift their appeal for big institutional investors, which increasingly focus on ESG (environmental, social, and governance) scores.
While most renewable energy projects rely on government subsidies, these three draw almost all of their earnings from regulated operations (including renewable projects)....
While most renewable energy projects rely on government subsidies, these three draw almost all of their earnings from regulated operations (including renewable projects)....
The Successful Investor approach in renewable power stocks and mitigating risks in renewable energy projects
EMERA INC. $55 is a buy. The company (Toronto symbol EMA; Income-Growth Portfolio, Utilities sector; Shares outstanding: 271.7 million; Market cap: $14.9 billion; Dividend yield: 5.0%; Dividend Sustainability Rating: Highest; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier....
Utility companies around the world are investing heavily in renewable power. That’s mainly due to government mandates to cut greenhouse gas emissions.
In response, Emera has shut down most of its coal-fired power plants. It’s also aggressively building new wind and solar projects....
In response, Emera has shut down most of its coal-fired power plants. It’s also aggressively building new wind and solar projects....
Rising interest rates increase the appeal of bonds, which is generally bad news for utilities which must compete with bonds for the attention of income-seeking investors. At the same time, higher interest rates increase borrowing costs for utilities. That further erodes investors’ interest.
However, these three utilities get most of their revenue from rate-regulated operations....
EMERA INC., $57.00, Toronto symbol EMA, is a buy.
The company owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns 100% of Tampa Electric, which provides electricity to more than 765,000 customers. Its other interests include several power plants and natural gas pipelines in the U.S....
The company owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns 100% of Tampa Electric, which provides electricity to more than 765,000 customers. Its other interests include several power plants and natural gas pipelines in the U.S....
While rising interest rates have spurred income-seeking investors to buy bonds, we still prefer high-quality utilities like these four. Their regulated businesses cut your risk and give them lots of cash flow for dividends. Canadian investors also benefit from the dividend tax credit.
ENBRIDGE INC....