Expanding renewable-energy assets power Innergex’s 4.6% yield

Recent strategic acquisitions helped this alternative energy provider to a 13.4% jump in cash flow during the most-recent quarter.

The stock trades at just 8.7 times the company’s 2020 earnings forecast. Its shares now offer a 4.6% yield.


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INNERGEX RENEWABLE ENERGY (Toronto symbol INE; www.innergex.com) operates 37… Read More

These renewables are expanding worldwide

INNERGEX RENEWABLE ENERGY $15.27 (Toronto symbol INE; Shares outstanding: 133.6 million; Market cap: $2.0 billion; TSINetwork Rating: Extra Risk; Dividend yield 4.6%; www.innergex.com) operates 37 hydroelectric plants, 25 wind farms and four solar power fields. Those operations are spread across the provinces of Quebec, Ontario and B.C.,… Read More

New businesses set to spur their dividends

RIOCAN REAL ESTATE INVESTMENT TRUST $26 (Toronto symbol REI.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 303.8 million; Market cap: $7.9 billion; Dividend yield: 5.5%; Dividend Sustainability Rating: Above Average; www.riocan.com) owns all or part of 230 shopping centres and other properties across Canada. They include 14… Read More

These two renewables deliver high yields

BROOKFIELD RENEWABLE PARTNERS L.P. $44.13 (Toronto symbol BEP.UN; Units outstanding: 296.3 million; Market cap: $13.1 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.3%; www.brookfieldrenewable.com) has interests in 219 hydroelectric generating stations, 106 wind farms and 545 solar-power facilities. In all, it operates over 17,400 megawatts of generating… Read More

These two renewables deliver high yields

BROOKFIELD RENEWABLE PARTNERS L.P. $44.13 (Toronto symbol BEP.UN; Units outstanding: 296.3 million; Market cap: $13.1 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.3%; www.brookfieldrenewable.com) has interests in 219 hydroelectric generating stations, 106 wind farms and 545 solar-power facilities. In all, it operates over 17,400 megawatts of generating… Read More

Innergex exits Iceland

INNERGEX RENEWABLE ENERGY $14.291 (Toronto symbol INE; Shares outstanding: 133.1 million; Market cap: $1.9 billion; TSINetwork Rating: Extra Risk; Dividend yield 4.9%; www.innergex.com) has agreed to sell its assets in Iceland. It owns a 53.9% stake in two geothermal power projects and is building a run-of-river… Read More

These renewables offer growth and income

BROOKFIELD RENEWABLE PARTNERS L.P. $39.30 (Toronto symbol BEP.UN; Units outstanding: 296.3 million; Market cap: $11.6 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.9%; www.brookfieldrenewable.com) has interests in 218 hydroelectric generating stations, 104 wind farms and 544 solar-power facilities. In all, it operates over 17,400 megawatts of generating… Read More

Green energy demand spurs their dividends

BROOKFIELD RENEWABLE PARTNERS L.P. $38 (Toronto symbol BEP.UN; High-Growth Dividend Payer Portfolio, Utilities sector; Units outstanding: 310.0 million; Market cap: $11.8 billion; Dividend yield: 6.9%; Dividend Sustainability Rating: Above Average; www.bep.brookfield.com) has interests in 218 hydroelectric generating stations, 544 solar power fields, 105 wind farms, four biomass facilities… Read More