Good time to buy more Enbridge

Enbridge, like all high-yielding utility stocks, has struggled in the past year as rising interest rates increase the appeal of competing bonds. Higher interest rates also make it more expensive for the company to make acquisitions and fund new growth projects.
However, Enbridge’s rate-regulated operations give… Read More

Both these green-power yields still look safe

These green energy firms have either cut their dividends or frozen them to conserve cash for new projects and acquisitions. Even so, their current payouts—and high yields—look sustainable.
ALGONQUIN POWER & UTILITIES CORP. $11 is a buy for long-term gains. The company (Toronto symbol AQN; High-Growth Dividend Payer… Read More

Imperial Oil invests to diversify revenue

Improving crude prices are letting Imperial Oil invest in new green energy projects that will help it comply with more-stringent environmental regulations. The company is also using its strong cash flow to reward investors.
IMPERIAL OIL LTD. $70 is a buy. This company (Toronto symbol IMO; Conservative and… Read More

Q: Pat, what is your opinion of the WisdomTree China ex-State-Owned Enterprises Fund? With Omicron flare-ups in China, the price has come down. Thanks.

A: WisdomTree China ex-State-Owned Enterprises Fund, $38.77, symbol CXSE on New York (Units outstanding: 20.4 million; Market cap: $791.9 million; www.wisdomtree.com), aims to track the investment results of Chinese companies that are not state-owned enterprises.

This has some appeal for casual dabblers in the Chinese stock… Read More

Long-term contracts support their solid yields

The best green energy producers, like Innergex and Brookfield, secure long-term contracts for their wind and solar projects. That cuts investor risk and provides steady cash flow for dividends.
INNERGEX RENEWABLE ENERGY INC. $18 is a buy. The company (Toronto symbol INE; High-Growth Dividend Payer Portfolio, Utilities sector;… Read More

China has short-term risks, long-term potential

The Chinese economy offers investors considerable long-term promise—although it faces challenges in the near term. Foremost among them is that economic activity could slow this year as the Omicron variant forces entire cities to lock down under China’s zero-COVID policy. Potential defaults by highly indebted… Read More

Q: Hello, all. Could you please provide your opinion of Enterprise Product Partners (EPD on New York)? Thank you.

A: Enterprise Products Partners L.P., $22.01, symbol EPD on New York (Shares outstanding: 2.2 billion; Market cap: $48.0 billion; www.enterprisepartners.com), is a master limited partnership that provides energy infrastructure, including pipelines, storage, natural gas processing, fractionation, and import/export terminals. It went public in July 1998 with… Read More