monthly dividend
Pembina Pipeline continues to enjoy our Above-Average Dividend Sustainability Rating. That reflects, in part, its unbroken record of dividend payments since converting from an income trust in October 2010.
The company’s expansion into the U.S....
The company’s expansion into the U.S....
AltaGas is now focused on high-growth U.S. opportunities. That follows the company’s move to set up its Canadian businesses as AltaGas Canada and sell shares in the new firm to the public. The proceeds helped AltaGas pay for a big U.S. utility to spur its cash flow.
The company will likely sell its remaining stake in AltaGas Canada rather than hand it to shareholders as a special dividend....
The company will likely sell its remaining stake in AltaGas Canada rather than hand it to shareholders as a special dividend....
MULLEN GROUP LTD. $9.86 (Toronto symbol MTL; Shares o/s: 104.8 million; Market cap: $1.03 billion; Dividend yield: 6.1%; www.mullen-group.com) provides specialized transport services, including trucking and logistics to the oil and natural gas industry in Canada and the U.S.
Mullen pays a monthly dividend of $0.05 a share: the stock yields a high 6.1%.
The company has expanded its business rapidly through acquisition....
Mullen pays a monthly dividend of $0.05 a share: the stock yields a high 6.1%.
The company has expanded its business rapidly through acquisition....
ALARIS ROYALTY CORP. $19 (Toronto symbol AD; Shares outstanding: 36.5 million; Market cap: $693.5 million; Dividend yield: 8.7%; www.alarisroyaties.com) lends money to its partners—private businesses—in exchange for royalties or distributions....
PEMBINA PIPELINE CORP. $50 (Toronto symbol PPL; High-Growth Dividend Payer Portfolio; Utilities sector; Shares outstanding: 509.7 million; Market cap: $25.5 billion; Dividend yield: 4.6%; Dividend Sustainability Rating: Above Average; www.pembina.com) owns pipelines that carry almost all of B.C.’s oil and half of Alberta’s conventional oil....
ALTAGAS LTD. $18.22 (Toronto symbol ALA; TSINetwork Rating: Extra Risk) (416-365-3535; www.altagas.ca; Shares outstanding: 275.6 million; Market cap: $5.1 billion; Dividend yield: 5.3%) processes, transports, stores and markets natural gas for producers....
While they sometimes lack high-growth potential, utilities are generally stable, profitable businesses with limited competition—and they offer investors high yields. As a result, as a group, they have a better long-term stock market performance than the overall market and come with less volatility and risk.
The U.S....
The U.S....
A: AltaGas Ltd., $17.89, symbol ALA on Toronto (Shares outstanding: 275.4 million; Market cap: $4.9 billion; www.altagas.ca), processes, transports, stores and markets natural gas for producers....
Inter Pipeline yields a high, but well covered by cash flow, 8.3% dividend while trading at just 13.9 times expected earnings.