Investment Q&A

Q: what 5 Canadian utility stocks would you currently recommend and why? please rank them in order of highest to lowest recommendation.
thanks

Q: Greetings, CU has corrected as if it is a growth stock. Is this just a 'valuation' correction or is there something that i have missed.

Thank you

Q: Is it an overkill to own both CU and ENB for the purposes of diversification, or are there sufficient distinction between the two businesses?

If the focus is on a steady growing income, and some growth, which would be your pick today? Thank you

Q: I have held NPI in both registered and non-registered accounts for years. The stock price has more than tripled, so obviously I am happy with that, but I am now retired and invest mainly for dividends. NPI currently yields less than 3%, a bit low compared to some other power producers like EMA or CU (I already hold some CU but not EMA). NPI also seems to be struggling to get back to its past highs, and if it did then the yield percentage would be that much less. I am considering selling NPI in the registered account and replacing it with either EMA or CU (recognizing these 2 are not currently as strong in the renewable space).
Could you compare the dividend growth, dividend sustainability, debt levels and future stock growth potential of these 3 stocks, and comment on my plan.
Thank-you

Q: Hello 5i Team,
I would like to expand my utilities exposure (beyond the positions I already hold in Emera and Fortis). I am considering taking a position in either Canadian Utilities or Capital Power. Both have similar yields and dividend growth over the past 5 years. Which of the two would you favour, and why? This is for a long-term income focused account.
Many thanks,
Brian

Q: Bought CU over CPX because of long history and large capital program to move CPX off coal.
Surprised Alberta power rates are good given their economy is languishing. Which do you see as the better option going forward for steady income and likely dividend increases above inflation rate (unlike CU of late)? Thanks.

Q: Is CU a good long term hold for dividend growth? Their recent dividend growth was lower than their historical average. Is this something of concern?

Q: I am drastically under invested in utilities. I presently hold the following - each is under a 1% weighting - AQN, ACO, BIPC, BEPC, BEP.UN, CU, and Fortis. Which would you sell? Which would you add to? All are in corporate non reg acct. Also want to increase my US and International exposure. Is there a reason not to do it in this sector?
Would appreciate US and International companies you favour. 5 year hold.
Thank you.

Q: Its astonishing how similar the charts look alike for FTS, EMA and CU. They have had a good move. The charts on AQN and NPI look very similar to each other as well, however moving sideways. Why do you think AQN and NPI seem to be lagging FTS, EMA and CU? Best, Don

Q: Why does FTS always out-perform CU? Bought CU because of the higher dividend years ago and have a good capital gain. Now have some new money and want ( but not need) income so would you add more to CU or start a new position in FTS? As always, thanks for the pragmatic advice. Ron

Q: In a well diversified portfolio, I am considering selling BMO, CU, PHO, REAL, and SJR.B and buying AT, BYD, DOO, DSG and VII. Would you agree with this approach? What would be order to sell and order to buy?

Q: I have held this stock for some time, $14. to$31 per share. Current dividend
is 5.5% Using CU as an example what is your philosophy about long term holds where the dividend is appreciably higher based on the original cost?
Thank you once again.

Q: Hi, purely in terms of relative dividend security could you please rank the above blue chips companies over the next 5-10 years.Thanks.

Q: Could you please rank the following companies for expected dividend growth over the next decade: AQN, EMA, CU, FTS

Q: Hello 5i Team
Canadian Utilities (CU) has announced a $0.0044 (1.010565 %) increase in the quarterly dividend, continuing CU 49 year dividend increase streak.

1 – Why do companies increase dividends by “oddball” amounts, in this particular case why would CU not increased the quarterly dividend from $0.4354 to $0.4400 (instead of $0.4398) which would increase the total annual dividends by approximately $218,000 on total annual dividends of $475M.

2 – Is this a sign the board increased the dividend a “token” amount to maintain their 49 year history of increased dividend and that CU is facing stagnant growth in their business (which is not surprising given the majority of their business is Alberta based)?

3 – CU increased their dividend by 1 % and ATCO (which holds 52.2 % of CU) increased their dividend by 3.1 %. Does this make ATCO a better investment, given ATCO’s other divisions (Structures & Logistics and Neltume Ports) are providing better growth, leading to a higher increasing dividend rate, although a lower overall yield?

Thank you

Q: Hello
It appears all the utilities with the word "renewable" in the their name have gone gangbusters after the blue wave US election.
I am looking to invest in a utility that more reasonably priced and maybe running under the radar.
Does your terminal show the % of renewables for the following utilities.
Fortis, Canadian Utilities, Algonquin Power, Emera.
Thank you.
Stephane

Q: I own CU at a loss and am thinking of selling and buying BCE. Is this trade worth doing? Both are down and BCE does pay more or am I selling at the bottom on CU. THANKYOU

Q: Hello 5i,
I am a 74 buy and hold income investor investing for dividends with some growth positions.You wrote on October 2 that Cu was OK for income. Are you still OK with Cu for income or should I sell then add to Fortis, NWS, SLF and QSR?
Thank you
Stanley

Q: Hi team
this stock has increased his /her dividend for many consecutive years

I am aware that ATCO which owns a big chunk of Cu.ca has taken a beating as well

do you think that the dividend is safe (wonder what is the pay out ratio)
and the yield is not too high

wonder what is the reasons for the recent pull back ?

do you think it is a value trap of it is safe to start a partial position

I am looking at dividend income as well as some capital appreciation
(try not to lose too much capital as I am retired)
thanks
I have already got FTS, EMA and NPI

Michael

Q: Hi, would you expect that CU’s disappointing results will be a precursor for other established utilities such as FTS, EMA and BEP? Thanks.