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Fortis Inc. (FTS $69.60)
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Canadian Utilities Limited Class A Non-Voting Shares (CU $38.19)
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Brookfield Infrastructure Partners L.P. (BIP.UN $41.94)
Q: CU has been dropping steadily from over $42 in June 2017 to just over $31 today wiping out over 5 years' worth of dividends. What is happening? CU has raised it's dividend every year for 45 years. Is this the end of the dividend growth ride? It makes me afraid to invest as a senior looking for for the 5% dividend. Your advice? What utilities would you prefer [ie "safer" less volatile] with growing dividends around 5%.
Thanks......... Paul K
Thanks......... Paul K