High yields from renewable energy

ALGONQUIN POWER & UTILITIES CORP. $6.20 (Toronto symbol AQN; Shares outstanding: 136.1 million; Market cap: $843.8 million; TSINetwork Rating: Extra Risk; Dividend yield: 4.5%; www.algonquinpower.com) holds interests in 45 hydroelectric plants in Canada and the northeastern U.S. It also owns 12 thermal energy facilities. Algonquin’s… Read More

EMERA INC. $33 – Toronto symbol EMA

EMERA INC. $33 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 122.2 million; Market cap: $4.0 billion; Price-to-sales ratio: 1.3; Dividend yield: 4.1%; TSINetwork Rating: Average; www.emera.com) will invest an extra $83 million U.S. in seven American wind-power projects after its partner, Algonquin Power… Read More

Emera ups stake in U.S. wind farm venture

EMERA INC. $33 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 122.2 million; Market cap: $4.0 billion; Price-to-sales ratio: 1.3; Dividend yield: 4.1%; TSINetwork Rating: Average; www.emera.com) will invest an extra $83 million U.S. in seven American wind-power projects after its partner, Algonquin Power… Read More

EMERA INC. $33 – Toronto symbol EMA

EMERA INC. $33 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 122.2 million; Market cap: $4.0 billion; Price-to-sales ratio: 1.3; Dividend yield: 4.1%; TSINetwork Rating: Average; www.emera.com) gets most of its revenue from Nova Scotia Power Inc., which is Nova Scotia’s main electricity supplier… Read More

These two are building from a solid base

These two utilities have strong businesses in the Maritime provinces, but they continue to expand in Canada and overseas. That enhances their long-term prospects. Still, only one is a buy right now.

FORTIS INC. $33 (Toronto symbol FTS; Conservative Growth Portfolio, Utilities sector; Shares outstanding: 186.9… Read More

Two lower-risk renewable power buys

Expensive wind and solar power doesn’t make sense economically. However, Algonquin and Innergex sell all of their wind and solar power under long-term, government-guaranteed contracts at above-market prices. That cuts their risk.

ALGONQUIN POWER & UTILITIES CORP. $5.60 (Toronto symbol AQN; Shares outstanding: 112.8 million; Market… Read More

Steady gains from renewable power

High-cost wind and solar power doesn’t make sense economically. However, Algonquin and Innergex sell all of their wind and solar power under long-term, government-guaranteed contracts at above-market prices. That cuts their risk.

ALGONQUIN POWER & UTILITIES CORP. $5.71 (Toronto symbol AQN; Shares outstanding: 94.3 million; Market… Read More