Get a high 7.9% from TransAlta Renewables

Get a high 7.9% from TransAlta Renewables

With a focus on renewable energy, TransAlta Renewables holds a lot of conceptual appeal due to its renewable energy focus. What’s more, this firm supports its high dividend by selling its wind and other power under long-term guaranteed contracts. This includes sales to its blue-chip… Read More

Here are new ETFs for Canadian investors

Purpose Investments launched a series of leveraged single-stock ETFs in December 2022. Here we discuss the ETF that holds Apple shares but there are also similar ETFs that invest in single large U.S. companies, These include Amazon, Berkshire Hathaway, Alphabet, and Exxon. In addition, we… Read More

Tap the power of these 2023 top picks

We have singled out two stocks and one ETF as your #1 buys for 2023. Each offers investors long-term growth prospects at a reasonable price. Meanwhile, all three successfully weathered the pandemic and are poised for solid gains as economic growth rebounds.
BANK OF NOVA SCOTIA,… Read More

Pembina offers growth and income

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 yield. That adds to the stock’s appeal and also supports its share price.
PEMBINA PIPELINE, $44.97, is a buy. The company (Toronto symbol PPL;… Read More

New projects will spur their dividends

These pipeline operators get most of their cash flow from regulated businesses. Plans to expand those operations should give them more room to raise dividends in 2023.
TC ENERGY CORP. $55 is a buy. The company (Toronto symbol TRP; Income-Growth Payer Portfolio, Utilities sector; Shares outstanding: 1.0 billion;… Read More