New project makes Emera greener

EMERA INC. $34 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 142.6 million; Market cap: $4.8 billion; Price-to-sales ratio: 1.8; Dividend yield: 4.2%; TSINetwork Rating: Average; www.emera.com) has agreed to pay $390 million for 34.9% of a line that will transmit power from a.. Read More

EMERA INC. $35 – Toronto symbol EMA

EMERA INC. $35 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 142.1 million; Market cap: $5.0 billion; Price-to-sales ratio: 2.0; Dividend yield: 4.1%; TSINetwork Rating: Average; www.emera.com) is Nova Scotia’s main power supplier. It also holds interests in electrical utilities in the U.S. and… Read More

EMERA INC. $33

EMERA INC. $33 (www.emera.com) earned $259.4 million in 2013, up 12.5% from $230.5 million in 2012. Due to more shares outstanding, earnings per share rose just 6.0%, to $1.96 from $1.85. Revenue rose 8.3%, to $2.2 billion from $2.1 billion. These increases are mainly due… Read More

Updating EMERA INC. and TORSTAR CORP.

EMERA INC. $33 (www.emera.com) earned $259.4 million in 2013, up 12.5% from $230.5 million in 2012. Due to more shares outstanding, earnings per share rose just 6.0%, to $1.96 from $1.85. Revenue rose 8.3%, to $2.2 billion from $2.1 billion. These increases are mainly due… Read More

Dear Pat: Can I have your views on this ETF: iShares S&P/TSX Canadian Dividend Aristocrats Index Fund ETF? Thank you for your advice.

iShares S&P/TSX Canadian Dividend Aristocrats Index Fund ETF, $24.56, symbol CDZ on Toronto (Units outstanding: 37.6 million; Market cap: $923.5 million; ca.ishares.com), seeks to replicate the performance of the S&P/TSX Canadian Dividend Aristocrats Index. The ETF’s MER is 0.66%, and it yields 3.2%.

The S&P/TSX Canadian… Read More

EMERA INC. $30 – Toronto symbol

EMERA INC. $30 (www.emera.com) earned $0.29 a share before unusual items in the three months ended September 30, 2013, down 17.1% from $0.35 a year earlier. That’s mainly due to higher income taxes and maintenance costs at its main Nova Scotia Power subsidiary. However, overall… Read More

Updating EMERA INC. and TELUS CORP.

EMERA INC. $30 (www.emera.com) earned $0.29 a share before unusual items in the three months ended September 30, 2013, down 17.1% from $0.35 a year earlier. That’s mainly due to higher income taxes and maintenance costs at its main Nova Scotia Power subsidiary. However, overall… Read More

EMERA INC. $29 – Toronto symbol EMA

EMERA INC. $29 (Toronto symbol EMA; Income Portfolio, Utilities sector; Shares outstanding: 132.4 million; Market cap: $3.8 billion; Price-to-sales ratio: 1.7; Dividend yield: 4.8%; TSINetwork Rating: Average; www.emera.com) is Nova Scotia’s main power supplier. It also holds interests in electrical utilities in the U.S. and… Read More