emera
Toronto symbol EMA, generates and distributes electricity to customers in Nova Scotia and Bangor, Maine.
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Emera’s embrace to renewable sources of power puts it in a strong position to comply with increasingly stringent environmental regulations. That should lift its appeal with big institutional investors, who are targeting firms with high environmental, social, and governance (ESG) scores....
Utility stocks like Emera and Pembina remain great picks for investors looking for reliable dividends at reasonable multiples to their future earnings. We expect both firms will raise their dividends again in the next few months.
EMERA INC. $59 is a buy. The company (Toronto symbol EMA; Income Growth Portfolio, Utilities sector; Shares outstanding: 256.5 million; Market cap: $15.1 billion; Dividend yield: 4.3%; Dividend Sustainability Rating: Highest; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier....
EMERA INC. $59 is a buy. The company (Toronto symbol EMA; Income Growth Portfolio, Utilities sector; Shares outstanding: 256.5 million; Market cap: $15.1 billion; Dividend yield: 4.3%; Dividend Sustainability Rating: Highest; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier....
Although it looks like interest rates will start moving up again in 2022, we continue to prefer high-quality utility stocks over holding bonds.
The four utility stocks below are top alternatives to bonds given their long track records of increasing their dividends even as rising interest rates hurt the value of bonds....
The four utility stocks below are top alternatives to bonds given their long track records of increasing their dividends even as rising interest rates hurt the value of bonds....
We continue to recommend income-seeking investors stick with high-quality utilities (like the three we review below) instead of bonds. That’s because the increasing likelihood of rising interest rates in the next few years would hurt bond prices.
While utilities would also have to refinance their maturing debt at higher rates, regulators would probably let them pass along most of those costs to their customers....
While utilities would also have to refinance their maturing debt at higher rates, regulators would probably let them pass along most of those costs to their customers....
A good way for investors to gain exposure to the fast-growing field of renewable energy is with stocks like Emera. It’s currently building a major solar power project in Florida and phasing out its use of coal in Nova Scotia. What’s more, its mostly regulated operations give it dependable cash flow for regular dividend increases.
EMERA INC....
EMERA INC....
Canadian Utilities remains a great pick for income-seeking investors. In fact, in our TSI Dividend Advisor newsletter, the company earns our “Highest” Dividend Sustainability Rating. That measures how likely a company is to maintain—or, even better, keep raising—its dividend....
The financial impact of COVID-19 on Fortis and Emera has been modest so far. That’s because they derive a large proportion of their revenue from their regulated power businesses. Both firms are also building new projects that will help them keep raising your dividends.
FORTIS INC....
FORTIS INC....
Emera’s shares hit an all-time high just before the onset of the COVID-19 pandemic and the stock market downturn in March 2020. We feel the stock will regain that peak and move even higher.
That’s partly because the power generator is replacing its coal-fired plants with cleaner-burning natural gas, hydro power and solar....
That’s partly because the power generator is replacing its coal-fired plants with cleaner-burning natural gas, hydro power and solar....
LINAMAR CORP. $72 remains a buy. The company (Toronto symbol LNR; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 65.4 million; Market cap: $4.7 billion; Price-to-sales ratio: 0.8; Dividend yield: 0.7%; TSINetwork Rating: Average; www.linamar.com) makes a variety of automotive parts, including cylinder heads and cylinder blocks....