Enbridge Inc.
ENBRIDGE, $62.25, is a buy. The company (Toronto symbol ENB; Shares outstanding: 2.2 billion; Market cap: $135.7 billion; TSINetwork Rating: Above Average; Dividend yield: 6.1%; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada eastward as well as to the U.S. In addition to pipelines, Enbridge also invests in renewable energy projects including wind and solar.
The company recently announced that it will proceed with the Clear Fork solar power project near San Antonio, Texas.
The company recently announced that it will proceed with the Clear Fork solar power project near San Antonio, Texas.
ALGONQUIN POWER & UTILITIES $13.53 (Toronto symbol AQN; Shares outstanding: 470.6 million; Market cap: $6.6 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.9%; www.algonquinpower.com) has bought the natural gas distribution operations of Enbridge Inc....
ENBRIDGE INC. $42.86 (Toronto symbol ENB; Shares outstanding: 1.6 billion; Market cap: $85.8 billion; TSINetwork Rating: Above Average; Dividend yield: 6.3%; www.enbridge.com) continues to sell some of its less-important assets to help pay down the debt it took on to buy Spectra Energy in February 2017....
ENBRIDGE INC. $42 (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 1.8 billion; Market cap: $75.6 billion; Price-to-sales ratio: 1.6; Dividend yield: 7.0%; TSINetwork Rating: Above Average; www.enbridge.com) continues to sell some of its less-important assets to help pay down the debt it took on to buy Spectra Energy in February 2017....
ENBRIDGE INC. $42 (Toronto symbol ENB; Income-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 1.8 billion; Market cap: $75.6 billion; Dividend yield: 7.0%; Dividend Sustainability Rating: Highest; www.enbridge.com) continues to sell some of its less-important assets to help pay down the $22 billion of debt it assumed as part of its all-stock merger with Spectra Energy in February 2017....
ALGONQUIN POWER & UTILITIES CORP. $14 (Toronto symbol AQN; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 473.9 million; Market cap: $6.6 billion; Dividend yield: 4.9%; Dividend Sustainability Rating: Above Average; www.algonquinpower.com) operates through two main businesses: The Generation Group produces and sells electricity from 35 clean energy facilities across North America; and the Distribution Group provides regulated electricity, natural gas, water distribution and wastewater collection services.
The company last increased its quarterly dividend with the July 2018 payment....
The company last increased its quarterly dividend with the July 2018 payment....
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $45.03 (Toronto symbol AP.UN; Units outstanding: 103.9 million; Market cap: $4.7 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.5%; www.alliedreit.com) owns 147 office buildings, mainly in major Canadian cities....
ENBRIDGE INC. $43 (www.enbridge.com) continues to sell some of its less-important assets to help pay down the debt it took on to buy Spectra Energy in February 2017. That firm operates crude oil and natural gas pipelines in the U.S. and Canada....
TORONTO-DOMINION BANK $73.41 (Toronto symbol TD; Shares outstanding: 1.8 billion; Market cap: $134.1 billion; TSINetwork Rating: Above Average; Dividend yield: 3.7%; www.td.com) is Canada’s second-largest bank, with total assets of $1.26 trillion.
The bank continues to invest in its digital operations—online and mobile banking.
In Canada, 81% of TD’s clients now process their transactions online or through an ATM....
The bank continues to invest in its digital operations—online and mobile banking.
In Canada, 81% of TD’s clients now process their transactions online or through an ATM....