enbridge

We often remind investors that a high dividend yield can be a sign that the current payment is not sustainable. Some feel Enbridge, which now yields a high 7.0%, will have to cut its dividend as rising interest rates make it more expensive to fund new growth projects.


However, Enbridge has a durable business model, as its rate-regulated operations give it plenty of steady cash flow for new investments and dividends....

TSX blue chip stocks are well-established companies with attractive business prospects and trading on the Toronto Stock Exchange.

Over the last few years, more and more ETF managers have launched funds focused on taking environmental, social, and governance (ESG) factors into account.


Sustainable investing offers some investors a lot of conceptual and emotional appeal. But does investing in these kind of stocks hurt your portfolio returns? Yes and no.


One way investing in sustainable ETFs can hurt performance is the ethical criteria used could keep investors out of promising stocks with the power to boost your long-term portfolio returns....

UIPATH INC., $12.95, symbol PATH on New York, offers a robotic automation platform that utilizes artificial intelligence (AI) to help reduce the amount of manual work done by a company’s employees.

UiPath’s platform automates work by emulating human behaviour....

Pipeline operator Enbridge continues to benefit from rising oil and gas demand as the economy rebounds from the COVID-19 shutdowns. Steady cash flow from those operations will let it keep raising your dividend. The company is also investing in renewable power projects, which will improve its profile with big investors like pension plans....

ENBRIDGE INC., $54.69, Toronto symbol ENB, is a buy.

The company operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S. It also distributes gas to 3.8 million consumers in Ontario.

With the March 2023 payment, Enbridge will raise your quarterly dividend by 3.2%....

Utility investors fear that rising interest rates will boost the appeal of bonds and so hurt the shares of high-yielding utility stocks like Enbridge. However, bond investors have to treat interest payments they receive as regular income. As a result, they pay higher taxes on their income compared to dividend payments from Canadian firms that qualify for a tax credit....

CENOVUS ENERGY, $28.17, is a buy for long-term gains. The company (Toronto symbol CVE; Shares outstanding: 1.9 billion; Market cap: $53.2 billion; TSINetwork Rating: Extra Risk; Dividend yield: 1.5%; www.cenovus.com) is now one of Canada’s top-tier producer of oil and natural gas following its all-stock acquisition of rival oil producer Husky Energy Inc....

ENBRIDGE INC. $49 is a buy. The oil and gas pipeline operator (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 2.0 billion; Market cap: $98.0 billion; Price-to-sales ratio: 1.9; Dividend yield: 6.9%; TSINetwork Rating: Above Average; www.enbridge.com) continues to expand its renewable energy operations as part of a plan to cut its greenhouse gas emissions 35% by 2030.


Under that plan, Enbridge has agreed to buy U.S.-based Tri Global Energy....

ALGONQUIN POWER & UTILITIES CORP., $14.74, Toronto symbol AQN, is a top pick for 2022.

The company has two main businesses: the Regulated Services Group provides regulated electricity, gas, water distribution and wastewater collection services in Canada, the U.S., Chile, and Bermuda; and the Renewable Power Group produces electricity from about 40 clean-energy plants in North America.

Algonquin last raised your quarterly dividend with the July 2022 payment....