enbridge
CANADIAN PACIFIC RAILWAY $287.33 (Toronto symbol CP; shares outstanding: 147.7 million; Market cap: $40.8 billion; TSINetwork Rating: Above Average; Dividend yield: 1.2%; www.cpr.ca) ships freight over a 22,000-kilometre rail network between Montreal and Vancouver, with links to hubs in the U.S....
ENBRIDGE INC. $47.55 (Toronto symbol ENB; Shares outstanding: 2.0 billion; Market cap: $95.3 billion; TSINetwork Rating: Above Average; Dividend yield: 6.2%; www.enbridge.com) wants to replace its aging Line 3 pipeline, which pumps crude from Alberta to Wisconsin....
The Bank of Canada increased its benchmark interest rate in October 2018 from 1.50% to 1.75%. Whether it will hold rates stready, keep raising them, or perhaps even cut them, depends on economic growth and the level of unemployment.
Meanwhile, we caution against investing in bonds....
Meanwhile, we caution against investing in bonds....
The lack of new pipeline capacity in Canada and parts of the U.S. continue to force oil producers to transport more of their crude by rail.
The situation is likely to continue for some time, as both Enbridge and TC Energy (formerly TransCanada) face strong legal and environmental opposition to their proposed new pipelines....
The situation is likely to continue for some time, as both Enbridge and TC Energy (formerly TransCanada) face strong legal and environmental opposition to their proposed new pipelines....
EMERA INC. $52 (Toronto symbol EMA; Income-Growth Payer Portfolio, Utilities sector; Shares outstanding: 235.8 million; Market cap: $12.3 billion; Dividend yield: 4.5%; Dividend Sustainability Rating: Highest; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier....
A: The iShares S&P/TSX Composite High Dividend Index ETF, $21.31, symbol XEI on Toronto (Units outstanding: 20.2 million; Market cap: $430.5 million; www.blackrock.com/ca), aims to track the S&P/TSX Composite High Dividend Index, which effectively holds the 75 highest-yielding Canadian stocks.
The index is market-capitalization weighted, with each stock capped at 5% (any stock may rise above 5% temporarily until rebalancing)....
The index is market-capitalization weighted, with each stock capped at 5% (any stock may rise above 5% temporarily until rebalancing)....
ENBRIDGE INC. $49 (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 2.0 billion; Market cap: $98.0 billion; Price-to-sales ratio: 2.1; Dividend yield: 6.0%; TSINetwork Rating: Above Average; www.enbridge.com) has received final approval from Minnesota regulators for its plan to replace the aging Line 3 pipeline, which pumps crude from Alberta to Wisconsin.
The Line 3 replacement project is set to double the current line capacity and will cost $9 billion....
The Line 3 replacement project is set to double the current line capacity and will cost $9 billion....
GREAT-WEST LIFECO $32.80 (Toronto symbol GWO; shares outstanding: 987.7 million; Market cap: $32.4 billion; TSINetwork Rating: Above Average; Dividend yield: 5.0%; www.greatwestlifeco.com) is Canada’s second-largest insurance company, after Manulife Financial.
The company now plans to buy back up to $2 billion in common shares through a Dutch auction process.
Under that buyback plan, shareholders who want to sell their Great-West shares must offer them for between $30.00 and $35.00 (in increments of $0.10) before April 12, 2019....
The company now plans to buy back up to $2 billion in common shares through a Dutch auction process.
Under that buyback plan, shareholders who want to sell their Great-West shares must offer them for between $30.00 and $35.00 (in increments of $0.10) before April 12, 2019....