These high-yielding utility stocks continue to move up, as falling interest rates make them more attractive to income-seeking investors. Lower interest rates will also make it easier for them to fund their new projects and acquisitions. That ultimately makes room for more dividend increases.
FORTIS INC… Read More

ONESTREAM INC. $30 is a hold. The company (Nasdaq symbol OS; Manufacturing sector; Shares outstanding: 156.6 million; Market cap: $4.7 billion; No dividend paid; Takeover Target Rating: Lowest; www.onestream.com) makes software that helps over 1,400 companies prepare and report their financial statements. It also helps with planning, budgeting and… Read More

The Bank of Canada recently cut its benchmark lending rate, from 4.75% to 4.50%, and more cuts seem likely. Lower rates are good news for utilities such as these four, as they reduce their borrowing costs and increase their appeal with bond investors. What’s more,… Read More

High-yielding power utility stocks like Emera have struggled in the past few years, as rising interest rates increased the costs of new projects and raised their interest payments.
However, Emera stands to gain now that the Bank of Canada has begun cutting its benchmark interest rate… Read More

ROYAL BANK OF CANADA, $146.35, Toronto symbol RY, is a buy.

With the August 2024 payment, Royal will raise your quarterly dividend by 2.9%. Investors will then receive $1.42 a share instead of $1.38. The new annual rate of $5.68 yields 3.9%. The bank also plans to… Read More

ROYAL BANK OF CANADA, $148.98, Toronto symbol RY, is a buy.

On March 28, 2024, Royal completed its purchase of the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC) for $15.5 billion.

HSBC operates 130 branches that mainly cater to businesses in industries that trade… Read More

SAVARIA CORP., $16.81, symbol SIS on Toronto, designs and builds mobility products for consumers. These include home elevators, commercial lifts, stairlifts, ceiling lifts, and adapted vehicles. The business has manufacturing facilities in North America, Europe, Mexico and China. Founded in 1979, it became a publicly… Read More

In July 2015, online auction firm eBay split off its electronic-payment business, PayPal, as a separate firm. Investors received one PayPal share for each eBay share they held.
Both stocks jumped during the pandemic as consumers embraced online shopping, but have moved down as stores re-opened… Read More

Shares of Pembina Pipeline dropped to $26 at the onset of COVID-19 lockdowns, but they have now rebounded to pre-pandemic levels. We feel the stock will keep moving higher over the next few years, as new projects fuel a growth in cash flow. That higher… Read More

Most of Pembina’s pipelines operate under long-term contracts. That helps lower the company’s risk in today’s uncertain economy. Meanwhile, Pembina’s investors tap a high, sustainable dividend yield. That adds to the stock’s appeal and also supports its share price.
PEMBINA PIPELINE, $42.17, is a #1 Buy for… Read More