Utilities still appealing despite rising rates

Share prices for these four power producers have dropped recently. That’s mainly because rising interest rates have increased the appeal of bonds for income-seeking investors. As well, higher interest rates will make it more expensive for utilities to refinance their own outstanding bonds.
However, all four… Read More

These top utilities offer rising income

CANADIAN UTILITIES LTD. (Toronto symbols CU [class A non-voting] $34 and CU.X [class B voting] $34; Income-Growth Portfolio, Utilities sector; Shares outstanding: 271.1 million; Market cap: $9.2 billion; Dividend yield: 4.6%; Dividend Sustainability Rating: Highest; www.canadianutilities.com) distributes electricity and natural gas in Alberta and Australia. It also owns or invests in… Read More

Two companies contribute to this dividend

This company’s ownership of a major electric and natural gas utility is its primary source of earnings.

Recently, this firm bought back the remaining 25% of its structures and logistics business, which should benefit it and its major subsidiary. Meanwhile the company has raised its… Read More

Focus on their dividends, not interest rates

Rising interest rates have increased the attractiveness of bonds and hurt interest in high-yielding dividend stocks like these four utilities. However, steady cash flows from their high-quality operations will continue to let them keep increasing their payouts.

EMERA INC. $43 (Toronto symbol EMA; Income Portfolio,… Read More

Both parent and subsidiary are top payers

CANADIAN UTILITIES LTD. (Toronto symbols CU [class A non-voting] $38 and CU.X [class B voting] $38; Income-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 268.1 million; Market cap: $10.2 billion; Dividend yield: 3.8%; Dividend Sustainability Rating: Highest; www.canadianutilities.com) distributes electricity and natural gas in Alberta… Read More

Two utilities: 1 for income, 1 for value

Canadian Utilities and parent company ATCO give investors two ways to buy essentially the same businesses. Still, income seekers should pick Canadian Utilities, while value investors should go with ATCO.

CANADIAN UTILITIES LTD. (Toronto symbols CU [class A non-voting] $39 and CU.X [class B voting] $39;… Read More

The Successful Investor Hotline – Friday, May 19, 2017

CANADIAN IMPERIAL BANK OF COMMERCE, $106.66, Toronto symbol CM, is Canada’s fifth-largest bank, with total assets of $513.3 billion.
Shareholders of Chicago-based PrivateBancorp Inc. (Nasdaq symbol PVTB) have voted to accept CIBC’s latest takeover offer.
PrivateBancorp mainly lends to small and mid-sized businesses and also provides wealth-management… Read More