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

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

Enbridge adds solar

ENBRIDGE, $48.83, is a buy. The firm (Toronto symbol ENB; Shares o/s: 2.1 billion; Market cap: $103.8 billion; TSINetwork Rating: Above Average; Dividend yield: 7.5%; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S. It also distributes gas to… Read More

Enbridge expands in wind

ENBRIDGE, $48.99, is a buy. The firm (Toronto symbol ENB; Shares o/s: 2.1 billion; Market cap: $104.1 billion; TSINetwork Rating: Above Average; Yield: 7.5%; www.enbridge.com) continues to expand its renewable power operations as it aims to cut its greenhouse gas emissions to “net zero” by 2050. Green energy… Read More