Hold South Bow for its high yield

SOUTH BOW CORP. $36 is a hold. This new company (Toronto symbol SOBO; Income-Growth Payer Portfolio, Utilities sector; Shares outstanding: 207.6 million; Market cap: $7.5 billion; Dividend yield: 8.0%; Dividend Sustainability Rating: Average; www.southbow.com) operates a 4,900-kilometre pipeline network that pumps crude oil from Alberta to refineries in Illinois,… Read More