Investment Q&A

Q: Hi there, I own shares in both these companies. With AQN’s recent announcement that they will be selling their renewable assets I assume that includes their interest in AY.

Do you have any idea what range of share price this sale would happen at, and whether it’s more or less than AY’s share price today?

I am down on both and trying to decide whether to lighten my ownership of one or both.

Thanks!

Q: Hi Guys,

Can you please update your opinion of Atlantica Sustainable (AY:US).

Thanks

Dave

Q: These companies represent 17% of my portfolio, with ENB and NPI positions being 3.5% each and the remaining approx 2 % each. Recently stock prices of several of these have increased 10 % or so.

Should I adjust any of these positions?

Without really knowing the remainder of my account, what percent in utilties would be suitable for a ten year horizon?

Q: May I have your current thoughts on Alantica Yield? Have they reduced their debt load since your February review of the company? I suppose as a utility like company they can carry more debt due to their steady cash flow. On the other hand recent experience with ALA has taught us that utility like companies can still get into debt problems! 6.9% dividend yield seems to be implying that the company is entering either the danger zone or becoming a great buy - not sure which. Gordon Pape recommends the stock in todays Globe. We already own AQN, BEP.UN and ALA to a 6.5% weighting. We could make a purchase of AY and bump our weighting up to 9%. We wouldn't go higher. In your previous review you noted a link with AQN, could you explain the link a little more?
Thanks,
Jim

Q: Any comments on these 2 High Yield US stocks? Are they best bought in Cash, TFSA or RRSP for Tax implications?

Thanks as always!

Q: Any opinion on this and its sponsor - AQN?
Are its dividends treated like "normal" US dividends for tax purposes - that is I'm assuming NOT as an MLP with ~35% w/h tax for Canadians?