Enjoy a 5.4% yield from Algonquin Power & Utilities

Enjoy a 5.4% yield from Algonquin Power & Utilities

Algonquin Power & Utilities’ decision to sell its non-regulated renewable assets and focus entirely on its regulated utilities business is a game-changer.

This move significantly reduces risk and enhances earnings predictability because regulated utilities typically offer more stable cash flows and returns. While the company… Read More

Their lower payouts are more sustainable

These two green energy producers recently cut their dividends. We feel that was the right move, as it frees up cash for investments in new projects.
ALGONQUIN POWER & UTILITIES CORP. $6.96 is a buy for long-term gains. The company (Toronto symbol AQN; High-Growth Dividend Payer Portfolio, Utilities… Read More

AQN moves to cut your risk

ALGONQUIN POWER & UTILITIES, $7.19, is a buy. The utility (Toronto symbol AQN; Shares o/s: 689.7 million; Market cap: $5.5 billion; TSINetwork Rating: Extra Risk; Yield: 5.3%; www.algonquinpower.com) has agreed to sell most of its non-regulated renewable power assets for $2.28 billion. It could receive an additional $220 million… Read More

Trimming their payouts have cut your risk

These green energy producers are cutting your dividends as they focus on their more-profitable operations. Those moves, however, should stabilize their long-term cash flows and make their current payments more sustainable.
ALGONQUIN POWER & UTILITIES CORP. $7.13 is a buy for long-term gains. The company (Toronto symbol AQN;… Read More

Activists will aid in their turnaround

Starbucks and Algonquin Power are working with activist investors as they embark on turnaround strategies. However, Autodesk (see box) is resisting activist pressure. Even so, we like the outlook for all three picks.
STARBUCKS CORP. $93 is a buy for aggressive investors. The company (Nasdaq symbol SBUX; Consumer… Read More