Takeover for TransAlta

TRANSALTA RENEWABLES, $13.39, is a buy. The company (Toronto symbol RNW; Shares o/s: 266.9 million; Market cap: $3.6 billion; TSI Rating: Extra Risk; Divd. yield: 7.0%; www.transaltarenewables.com) has now accepted a takeover offer from parent company TransAlta Corp. (symbol TA on Toronto).
Shareholders can opt for either $13.00 a share… Read More

Parent buys back renewables business

TRANSALTA RENEWABLES INC. $13 is a hold. The company (Toronto symbol RNW; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 266.9 million; Market cap: $3.5 billion; Dividend yield: 7.2%; Dividend Sustainability Rating: Above Average; www.transaltarenewables.com) owns 26 wind and solar farms, 11 hydroelectric facilities, eight natural gas generation… Read More

TransAlta buys back Renewables

TRANSALTA RENEWABLES INC. $13 is a hold. The company (Toronto symbol RNW; Utilities sector; Shares outstanding: 266.9 million; Market cap: $3.5 billion; Dividend yield: 7.2%; Takeover Target Rating: Highest; www.transaltarenewables.com) owns 26 wind and solar farms, 11 hydroelectric facilities, eight natural gas generation plants, two solar power facilities, a.. Read More

High yields from two Canadian renewables

With their clean, renewable power, these two companies have strong conceptual appeal for investors. But just as important is their diverse mix of hydroelectric, wind and solar power. That diversity, along with their long-term contracts, provides stable cash flows. It also lets these utility firms… Read More

Get a high 7.7% from TransAlta Renewables

Get a high 7.7% 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

Long-term contracts cut your risk

TRANSALTA RENEWABLES INC. $12 remains a buy. The company (Toronto symbol RNW; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 267.0 million; Market cap: $3.2 billion; Dividend yield: 7.3%; Dividend Sustainability Rating: Above Average; www.transaltarenewables.com) owns 26 wind facilities, 11 hydroelectric, eight natural gas generation plants, two solar facilities,… Read More