emera
Toronto symbol EMA, generates and distributes electricity to customers in Nova Scotia and Bangor, Maine.
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....
TECK RESOURCES LTD., $52.81, Toronto symbol TECK.B, remains a buy for investors seeking long-term gains from the Resources sector of their portfolio.
The company now plans to spin off its metallurgical coal (a key ingredient in steelmaking) operations as a separate, publicly-traded company called Elk Valley Resources Ltd....
The company now plans to spin off its metallurgical coal (a key ingredient in steelmaking) operations as a separate, publicly-traded company called Elk Valley Resources Ltd....
EMERA INC. $54 is a buy. The company (Toronto symbol EMA; Income Growth Portfolio, Utilities sector; Shares outstanding: 256.5 million; Market cap: $13.9 billion; Dividend yield: 5.1%; Dividend Sustainability Rating: Highest; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier....