enbridge
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....
CHOICE PROPERTIES REIT $12.22 (Toronto symbol CHP.UN; Units outstanding: 277.2 million; Market cap: $8.3 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.1%; www.enbridge.com) acquired Canadian REIT (old symbol REF.UN), a recommendation of Canadian Wealth Advisor, on May 7, 2018.
The merger created Canada’s biggest real estate investment trust: 751 properties for a total of 66.8 million square feet of retail, industrial and office space.
In the quarter ended September 30, 2018, the REIT’s revenue jumped 52.5%, to $315.6 million from $207.0 million a year earlier....
The merger created Canada’s biggest real estate investment trust: 751 properties for a total of 66.8 million square feet of retail, industrial and office space.
In the quarter ended September 30, 2018, the REIT’s revenue jumped 52.5%, to $315.6 million from $207.0 million a year earlier....
ISHARES S&P/TSX 60 INDEX ETF $22.97 (Toronto symbol XIU; TSINetwork ETF Rating: Conservative; Market cap: $8.6 billion) is a low-fee way to buy the top Canadian listed stocks. Specifically, the ETF holds stocks that represent the S&P/TSX 60 Index—the largest, most heavily traded equities on the TSX.
The ETF’s top holdings are Royal Bank, 8.8%; TD Bank, 8.5%; Bank of Nova Scotia, 5.6%; CN Rail, 5.0%; Suncor Energy, 4.8%; Enbridge, 4.2%; Bank of Montreal, 4.0%; Canadian Imperial Bank of Commerce, 3.2%; and Canadian Natural Resources, 3.1%.
The industry breakdown is as follows: Financials (39%), Resources (29%), Industrials (11%), Telecommuncations (7%), Consumer discretionary (4%), Consumer staples (4%), Information technology (4%), Utilities (2%) and others (1%).
The S&P/TSX 60 Index mostly consists of high-quality companies....
The ETF’s top holdings are Royal Bank, 8.8%; TD Bank, 8.5%; Bank of Nova Scotia, 5.6%; CN Rail, 5.0%; Suncor Energy, 4.8%; Enbridge, 4.2%; Bank of Montreal, 4.0%; Canadian Imperial Bank of Commerce, 3.2%; and Canadian Natural Resources, 3.1%.
The industry breakdown is as follows: Financials (39%), Resources (29%), Industrials (11%), Telecommuncations (7%), Consumer discretionary (4%), Consumer staples (4%), Information technology (4%), Utilities (2%) and others (1%).
The S&P/TSX 60 Index mostly consists of high-quality companies....
A: BMO Canadian High Dividend Covered Call ETF, $18.36, symbol ZWC on Toronto (Units outstanding: 21.1 million; Market cap: $387.4 million; www.bmo.com/gam/ca/investor/products/etfs), focuses on mostly high-quality Canadian stocks....
A: A range of factors—both industry-wide and company specific—affect pipeline stocks.
In general, pipelines have dropped lately along with the market. But their stock prices have also been hurt by investor concerns over rising interest rates. As rates rise, utilities are perceived to suffer because they have a lot of debt, and higher rates make it more expensive for them to raise money and refinance their existing debt....
In general, pipelines have dropped lately along with the market. But their stock prices have also been hurt by investor concerns over rising interest rates. As rates rise, utilities are perceived to suffer because they have a lot of debt, and higher rates make it more expensive for them to raise money and refinance their existing debt....
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....
ENBRIDGE INC. $43.44 (Toronto symbol ENB; Shares outstanding: 1.6 billion; Market cap: $74.5 billion; TSINetwork Rating: Above Average; Dividend yield: 6.2%; www.enbridge.com) controls four affiliates that operate pipelines and related operations: Enbridge Energy Partners, LP (New York symbol EEP), Enbridge Energy Management, LLC (New York symbol EEQ), Enbridge Income Fund Holdings Inc....