Q: I believe that a little over a month ago the Atco CEO purchased $931K of stock at $37.22 - a 6.2% increase in ownership. Is this enough conviction to get someone interested in taking a position in the stock?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: I'm curious about your support for Atco. Is it because it's inexpensive or is there something else going on here?
Q: hi,
I am looking at adding these to my dividend equities. I like growth with the dividend stocks, both in capital appreciation and dividend payout ( to keep up with inflation, over the long term ). how do these 2 stack up? further, is there an open source website to check CDN dividend equites in regards to the dividend growth, payout ratios, etc...
cheers, chris
I am looking at adding these to my dividend equities. I like growth with the dividend stocks, both in capital appreciation and dividend payout ( to keep up with inflation, over the long term ). how do these 2 stack up? further, is there an open source website to check CDN dividend equites in regards to the dividend growth, payout ratios, etc...
cheers, chris
Q: A few times you said, you are not a fan of averaging down. Could you elaborate why you did it with Atco in may and june? Not to be picky, just try to understand your thinking behind this action.
Thanks
Thanks
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Fortis Inc. (FTS $70.16)
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Canadian Utilities Limited Class A Non-Voting Shares (CU $41.52)
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ATCO Ltd. Class I Non-voting Shares (ACO.X $53.36)
Q: Dividend growth investor here. Was wondering about the quality ACO.X as an investment. Any balance sheet concerns? The rather large portion they own of CU seems to be dictating the performance of their stock price - more less flat-ish over the last few years. So in that regard why would, say, FTS be outperforming CU over the last 5 years by approx. 25%?
Q: Would you hold off on adding to Atco do the the high debt levels. I don't want another Algonquin.
Thanks Gord
Thanks Gord
Q: Hello there - I'd like to do some consolidation and wonder about selling ACO.X ( at a small loss) and putting the proceeds into either BIP or BEPC (both of which I currently own). Your thoughts, please. Which way offers the most promising upside over a long investment horizon. Thank you
Q: The latest quarter news release seems to show a large loss from swap contracts. Also, seems to have recurred throughout the year. What does that mean exactly, and will this loss continue? What do you think of the quarter overall?
Q: What is the PEG of ACO.X.TO please? I cannot seem to find it anywhere.
Thank you
Stanley
Thank you
Stanley
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Restaurant Brands International Inc. (QSR $97.48)
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ATCO Ltd. Class I Non-voting Shares (ACO.X $53.36)
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Agnico Eagle Mines Limited (AEM $231.62)
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Hydro One Limited (H $52.74)
Q: Looking to add a name from your income portfolio. Which of ACO, H, QSR and AEM would be your favorite to add right now. Longterm hold in my unregistered account.
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Canadian Imperial Bank Of Commerce (CM $127.84)
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Great-West Lifeco Inc. (GWO $66.80)
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National Bank of Canada (NA $172.62)
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Power Corporation of Canada Subordinate Voting Shares (POW $73.12)
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Gildan Activewear Inc. (GIL $83.34)
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Empire Company Limited Non-Voting Class A Shares (EMP.A $46.05)
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ATCO Ltd. Class I Non-voting Shares (ACO.X $53.36)
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Stantec Inc. (STN $128.85)
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Colliers International Group Inc. Subordinate Voting Shares (CIGI $200.44)
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Enghouse Systems Limited (ENGH $20.08)
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Barrick Mining Corporation (ABX $59.26)
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Open Text Corporation (OTEX $45.70)
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Sleep Country Canada Holdings Inc. (ZZZ $34.99)
Q: HI,
sorry for the long list. could you just rate these as a buy, sell, or hold right now. I am a long term investor.
sorry for the long list. could you just rate these as a buy, sell, or hold right now. I am a long term investor.
Q: Two months ago I sold AQN to harvest a loss and reinvested in ACO.X which has slumped ( like the market, like the sector). I'm now looking at the AQN yield and wondering whether taking a loss in ACO and re-buying AQN is a good move. I can use the losses but its not urgent. Your thoughts please? thanks. Al
Q: Which of these companies do you consider to be a better buy at this time. Clearly I'm looking for sustainable dividends but also some growth over the next few years. Do you have better suggestions in the utility sector?
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Algonquin Power & Utilities Corp. (AQN $8.10)
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ATCO Ltd. Class I Non-voting Shares (ACO.X $53.36)
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Capital Power Corporation (CPX $61.48)
Q: Clarification please on the Sept 19 question on "valuation" of these 3. It was stated "AQN's valuation at 12.4x (ACOX at 8.3x and CPX at 7.6x)"
What measure do these numbers refer to and are they forward or TTM?
What measure do these numbers refer to and are they forward or TTM?
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Fortis Inc. (FTS $70.16)
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Algonquin Power & Utilities Corp. (AQN $8.10)
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ATCO Ltd. Class I Non-voting Shares (ACO.X $53.36)
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Capital Power Corporation (CPX $61.48)
Q: Hi, AQN stock has languished over past years and shares have been testing investors' patience. Even a recent large acquisition has failed to reignite the stock price. Based on your recent comments, you consider AQN fine for income but not much is expected in terms of capital appreciation. For a quick comparison of share price performance, I pulled the charts of these four utilities over 12 months and noted that while CPX and ACO.X outperformed by a wide margin, AQN was a complete laggard with FTS in the middle of the pack. We are retired investors and looking for ( In Non Regd account ) stability of income ( with increasing dividends) and some growth potential. We have owned FTS and AQN for many years, but are considering to switch out of AQN ( fully or partially ) to CPX or ACO.X. What are your thoughts about this plan and how are the current valuations of CPX and ACO.X for the switch ? How would you rate these four companies, in order of preference ? Thank You
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ATCO Ltd. Class I Non-voting Shares (ACO.X $53.36)
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Lundin Mining Corporation (LUN $27.21)
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Open Text Corporation (OTEX $45.70)
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Cascades Inc. (CAS $12.08)
Q: These four stocks that I have an equal weighting in came to my attention because of the insider buying. Could you please comment on if this insider buying and overall ownership is significant and rank them from best to worst based on that information only. Then please rank them on which would have the best overall return based on dividends and capital gains for the next 3 years from best to worst and explain why (the pros) for the one you ranked first overall and why(the cons) why you ranked the fourth stock last.
And lastly is there any of the four you just wouldn’t buy today. Thank you.
And lastly is there any of the four you just wouldn’t buy today. Thank you.
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Enbridge Inc. (ENB $65.46)
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TC Energy Corporation (TRP $75.27)
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Fortis Inc. (FTS $70.16)
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Emera Incorporated (EMA $65.96)
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Algonquin Power & Utilities Corp. (AQN $8.10)
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ATCO Ltd. Class I Non-voting Shares (ACO.X $53.36)
Q: Hi, This week's sharp decline in Pipeline ( ENB/TRP and Others) and Utility (FTS etc ) stocks - Do you think, it is a result of market's renewed fear of continued rate hikes into 2022/2023, as suggested by FED Chair on Friday and re-iterated by other FED Presidents over course of this week including Cleveland FED President, Mester, Today. Pipelines and Utilies sector has performed well this year, but may be, due to its higher yield, is causing some worry to investors. Your comments, co relation of high rates and other factors, impacting these sectors will be much appreciated. Would it be prudent to underweight the sectors, in near term. Thank You
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Brookfield Renewable Partners L.P. (BEP.UN $38.44)
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ATCO Ltd. Class I Non-voting Shares (ACO.X $53.36)
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Brookfield Infrastructure Partners L.P. (BIP.UN $47.83)
Q: What would account for ATCO's lackluster performance over the last 10 years? Lumpy earnings? The chart looks quite good in the years prior to 2012, and the dividend appears to have been raised fairly regularly.
As a retired dividend stock investor, I am interested in it's diversification. I do have exposure to the Brookfields, but do you think there is enough difference between ATCO and BIP/BEP to warrant an investment in this company?
As a retired dividend stock investor, I am interested in it's diversification. I do have exposure to the Brookfields, but do you think there is enough difference between ATCO and BIP/BEP to warrant an investment in this company?
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BCE Inc. (BCE $32.62)
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Enbridge Inc. (ENB $65.46)
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Fortis Inc. (FTS $70.16)
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Algonquin Power & Utilities Corp. (AQN $8.10)
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ATCO Ltd. Class I Non-voting Shares (ACO.X $53.36)
Q: Hi, There seems to be a systematic decline in equity values, for past two days, in sectors like Utilities and Telcos, which are considered proxy to bonds, due to their higher yields. They held on better than the market, in general, during past few months. Do you think, the fear of rising rates has finally caught up with these sectors and these stocks might come under pressure, even more, in near term, as Fed and BOC continue with their plans to hike interest rates. What's your advice ? We have about 10% weighting in each of the two sectors. Thank You
Q: Could you explain the divergence in stock price between these two classes of Atco? According to the Globe, Y is up 9% over 52 weeks, while X is only up 5. YTD, X is up 7.31% while Y is up 15.56%. In the last 5 days X is down 4.2% while Y is up 9.81%