enbridge

The shares of Pembina Pipeline have jumped 35% in the past year, and hit a new all-time high of $56 in September 2024. That’s largely due to its recent acquisitions and new projects. Falling interest rates will also ease its debt payments and free up cash for more dividends....

TD CANADIAN EQUITY INDEX ETF $26.59 (Toronto symbol TTP; TSINetwork ETF Rating: Conservative; Market cap: $1.9 billion) invests in large and medium-sized publicly listed Canadian companies.


The ETF aims to track the Solactive Canada Broad Market Index.


The fund currently holds 276 stocks; the largest segment weighting is allocated to Financial companies (31%), followed by Energy (17%), Basic Materials (14%) Technology (8%), and Industrials (7%).


The top 10 holdings make up 34% of its assets....

Governments around the world know the benefits that flow from the development of better infrastructure. However, their stretched budgets and a reluctance to increase taxes hamper their ability to initiate these projects. This provides opportunities for publicly listed companies to develop and manage these assets.


Meanwhile, those stocks with exposure to U.S....

Enbridge is now in the process of buying three U.S. natural gas utilities. While big purchases like these add risk, rate-regulated businesses generate predictable cash flows, which the company can then use to pay down the loans it took out to fund the deals. Moreover, the improved cash flow will let the company keep raising your dividend.


ENBRIDGE INC....

ENBRIDGE, $51.67, is a buy. The firm (Toronto symbol ENB; Shares outstanding: 2.1 billion; Market cap: $110.0 billion; TSINetwork Rating: Above Average; Dividend yield: 7.1%; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada eastward as well as to the U.S.


The company also distributes gas to 3.8 million customers in Ontario and Quebec.


Enbridge is a partner in several offshore wind-power projects in France....

ENBRIDGE INC. $49 is a buy. The company (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 2.0 billion; Market cap: $98.0 billion; Price-to-sales ratio: 2.4; Dividend yield: 7.5%; TSINetwork Rating: Above Average; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada eastward as well as to the U.S....

J.P. MORGAN CHASE & CO., $204.79, New York symbol JPM, is a buy.

Morgan is the largest banking firm in the U.S., with total assets of $4.09 trillion as of March 31, 2024.

With the April 2024, payment, Morgan increased your quarterly dividend by 9.5%, to $1.15 a share from $1.05....

We often remind investors that a high yield may be a warning sign that all is not well with the company and its future dividend payments are at risk.


After Enbridge’s recent dividend increase, the stock now yields a high 7.6%. Even so, that yield looks sustainable, as the company’s regulated businesses give it plenty of steady cash flow to service its debt and invest in new projects....

A: MasTec Inc., $109.64, symbol MTZ on New York (Shares outstanding: 79.5 million; Market cap: $8.6 billion; Manufacturing & Industry sector; TSINetwork Rating: Average; www.mastec.comwww.mastec.com), is a leading infrastructure construction company operating mainly throughout North America and across a range of industries.

The company operates through five segments: (1) Communications; (2) Clean Energy and Infrastructure; (3) Power Delivery; (4) Oil and Gas; and (5) Other.

The company’s primary activities include the following.

1. Building, installing, maintaining and upgrading communications, energy, utility and other infrastructure;
2. Developing power delivery infrastructure, including transmission, distribution, environmental planning and compliance systems;
3. Manufacturing pipeline infrastructure, including for natural gas, water and carbon capture sequestration pipelines;
4. Developing heavy civil and industrial infrastructure, including roads, bridges and rail; and providing environmental remediation services.

Notably, MasTec has played a significant role in several key infrastructure projects....

BIRD CONSTRUCTION INC., $24.97, symbol BDT on Toronto, is a Toronto-based construction company that provides contracting services to various commercial, institutional, retail, residential, water, energy, and civil sectors. It operates in all Canadian provinces.

Bird announced on June 10, 2024, that it’s acquiring Jacob Bros Construction for $135 million....