Q: Pat, could I get your recommendation on the BMO Canadian High Dividend Covered Call ETF (TSX: ZWC)? Thanks.

A: BMO Canadian High Dividend Covered Call ETF, $18.36, symbol ZWC on Toronto (Units outstanding: 21.1 million; Market cap: $387.4 million; www.bmo.com/gam/ca/investor/products/etfs), focuses on mostly high-quality Canadian stocks. Its top holdings are BCE at 4.2%; Pembina Pipeline, 4.0%; CIBC, 3.8%; Enbridge, 3.7%; Nutrien, 3.6%; Telus… Read More

These utilities offer income—and growth

PEMBINA PIPELINE $45.89 (Toronto symbol PPL; Shares outstanding: 502.4 million; Market cap: $23.1 billion; TSINetwork Rating: Average; Dividend yield: 5.0%; www.pembina.com) owns pipelines that carry almost all of B.C.’s oil and half of Alberta’s conventional oil. In addition, its network transports 30% of Western Canada’s natural gas… Read More

New U.S. assets spur Pembina

Pembina’s $9.7 billion purchase of Veresen Inc. late last year has already proven a great fit for the company: Veresen’s U.S. exposure and its assets, including a 50% stake in the Alliance natural-gas pipeline, have broadened Pembina’s operations. Veresen should also continue to boost Pembina’s… Read More

New projects will spur their dividends

PEMBINA PIPELINE CORP. $45 (Toronto symbol PPL; High-Growth Dividend Payer Portfolio; Utilities sector; Shares outstanding: 504.3 million; Market cap: $22.7 billion; Dividend yield: 5.1%; 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. Its network also… Read More

Pembina and Innergex are both buys

PEMBINA PIPELINE $45.01 (Toronto symbol PPL; Shares outstanding: 502.4 million; Market cap: $22.6 billion; TSINetwork Rating: Average; Dividend yield: 3.9%; www.pembina.com) owns pipelines that carry almost all of B.C.’s oil and half of Alberta’s conventional oil. In addition, its network transports 30% of Western Canada’s natural… Read More