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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Introduction
Successful Investors always give dividend stocks the respect they deserve and most view them as the foundation of a sound and profitable investment portfolio.
But finding the right dividend payers can be challenging for new investors as well as experienced ones....
These two utilities get nearly all of their cash flow from regulated power contracts. Both use that solid revenue to build up their operations, including cutting their reliance on fossil fuel projects. Those improvements should continue to fuel your long-term dividend increases.
EMERA INC....
EMERA INC....
We selected TC Energy as the top 2020 stock for income-seeking investors mainly because its regulated pipelines and power plants generate plenty of steady cash flow for dividends. In fact, the company has raised the payment each year for the past two decades.
Sharply lower oil prices could impact pipeline volumes....
Sharply lower oil prices could impact pipeline volumes....
EMERA INC. (www.emera.com) $59 is a buy. The company owns 100% of Nova Scotia Power, as well as power plants and gas pipelines in the U.S. and the Caribbean. To spur its future growth for investors, Emera now plans to spend $6.9 billion on new projects and upgrades between 2020 and 2022....
TOROMONT INDUSTRIES LTD. $71 is a buy. The company (Toronto symbol TIH; High-Growth Dividend Payer Portfolio; Manufacturing & Industry sector; Shares o/s: 81.8 million; Market cap: $5.8 billion; Dividend yield: 1.5%; Dividend Sustainability Rating: Above Average; www.toromont.com) distributes a range of industrial equipment, including Caterpillar machinery, in eastern Canada....
NUTRIEN LTD. $61 is a buy for investors. The stock (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares o/s: 572.9 million; Market cap: $34.9 billion; Price-to-sales ratio: 1.8; Dividend yield: 3.9%; TSINetwork Rating: Average; www.nutrien.com) lets you tap the world’s largest producer of agricultural fertilizers, shipping about 27 million tonnes annually.
Nutrien took its current form on January 1, 2018, when Agrium Inc....
Nutrien took its current form on January 1, 2018, when Agrium Inc....
Blue chip stocks are big, well-established, dividend-paying corporations with strong business prospects.
In addition to TC Energy (see page 101), we see Enbridge and Emera as solid long-term holdings for income-seeking investors.
Their recent acquisition of U.S. firms has broadened each company’s geographic footprint and will spur growth—as well as dividends—for years to come.
However, we think Emera is the better choice for new buying....
IGM FINANCIAL INC. $38 (Toronto symbol IGM; Conservative-Growth Payer Portfolio, Finance sector; Shares outstanding: 238.3 million; Market cap: $9.1 billion; Dividend yield: 5.9%; Dividend Sustainability Rating: Above Average; www.igmfinancial.com) is Canada’s largest independent mutual-fund provider with $161.7 billion in assets under management as of June 30, 2019.
IGM last raised its quarterly dividend by 4.7% with the January 2015 payment....
EMERA INC. $55 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 236.2 million; Market cap: $13.0 billion; Price-to-sales ratio: 2.0; Dividend yield: 4.3%; TSINetwork Rating: Average; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier....