Big acquisition set to spur Innergex dividend

INNERGEX RENEWABLE ENERGY INC. $15 (Toronto symbol INE; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 108.6 million; Market cap: $1.6 billion; Dividend yield 4.4%; Dividend Sustainability Rating: Above Average; www.innergex.com) operates 31 hydroelectric plants, 21 wind farms and one solar power field. The company… Read More

Renewable power stocks with gains ahead

ALGONQUIN POWER & UTILITIES CORP. $4.88 (Toronto symbol AQN; Shares outstanding: 95.1 million; Market cap: $464.1 million; TSINetwork Rating: Extra Risk; Dividend yield: 4.9%; www.algonquinpower.com) holds interests in 47 hydroelectric plants in Canada and the northeastern U.S., as well as 14 thermal-energy facilities. Wholly owned… Read More

Yields stay high at these converted trusts

ALGONQUIN POWER & UTILITIES CORP. $4.10 (Toronto symbol AQN; Shares outstanding: 93.9 million; Market cap: $385.1 million; SI Rating: Extra Risk; Dividend yield: 5.9%) converted to a dividend-paying corporation in October 2009. Prior to its conversion, it was called Algonquin Power Income Fund.

Algonquin holds interests… Read More

Innergex plans to convert

INNERGEX POWER INCOME FUND $10.74 (Toronto symbol IEF.UN; Shares outstanding: 29.4 million; Market cap: $315.8 million; SI Rating: Extra Risk; Dividend yield 9.3%) plans to convert to a corporation by merging with Innergex Renewable Resources (Toronto symbol INE). Innergex Power unitholders will get 1.46 shares… Read More

Here are two income trust buys

INNERGEX POWER INCOME FUND $9.95 (Toronto symbol IEF.UN; Shares outstanding: 29.4 million; Market cap: $292.6 million; SI Rating: Extra Risk) owns interests in 10 hydroelectric power plants in Quebec, Ontario, British Columbia and Idaho, as well as two wind farms in Quebec.

The company’s hydroelectric plants… Read More

Strong assets cut risk for these two

PEMBINA PIPELINE INCOME FUND $14.86 (Toronto symbol PIF.UN; Units outstanding: 151.7 million; Market cap: $2.3 billion; SI Rating: Extra risk) owns nine pipeline systems with a total length of over 8,000 kilometres. This network is the largest feeder operation in Canada. These pipelines bring oil… Read More

Two Stable Trusts for Volatile Markets

PEMBINA PIPELINE INCOME FUND $15.15 (Toronto symbol PIF.UN; Shares outstanding: 133.6 million; Market cap: $2.0 billion; SI Rating: Extra risk) has interests in 14 feeder pipeline systems with a total length of 8,350 kilometres. This network is the largest feeder operation in Canada. These pipelines… Read More