High yields from two Canadian renewables

With their clean, renewable power, these two companies have strong conceptual appeal for investors. But just as important is their diverse mix of hydroelectric, wind and solar power. That diversity, along with their long-term contracts, provides stable cash flows. It also lets these utility firms… Read More

These safety-conscious stocks remain buys

CENOVUS ENERGY, $28.17, is a buy for long-term gains. The company (Toronto symbol CVE; Shares outstanding: 1.9 billion; Market cap: $53.2 billion; TSINetwork Rating: Extra Risk; Dividend yield: 1.5%; www.cenovus.com) is now one of Canada’s top-tier producer of oil and natural gas following its all-stock acquisition of rival oil… Read More

Innergex adds wind power

INNERGEX RENEWABLE ENERGY, $15.18, is a #1 Buy for 2022. The power generator (Toronto symbol INE; Shares outstanding: 204.1 million; Market cap: $3.1 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.7%; www.innergex.com) operates 40 hydroelectric plants, 32 wind farms and eight solar power fields. They’re spread across Canada, the… Read More

Here are two high-growth buys—one is new!

These renewable power providers sell mostly under long-term supply contracts. The steady cash flows from those agreements support their high yields and cut your risk.
BROOKFIELD RENEWABLE PARTNERS LP $39 is a buy. The partnership (Toronto symbol BEP.UN; High-Growth Dividend Payer Portfolio, Utilities sector; Units outstanding: 275.2 million;… Read More

This 6.4% yield is sustainable income

With a focus on renewable energy, this power generator holds a lot of conceptual appeal for investors. TransAlta Rewewables supports its high dividend by selling its wind and other power under long-term guaranteed contracts. This includes sales to its blue-chip parent, TransAlta Corp. To further cut… Read More