When it comes to reliable dividend-paying stocks, few companies boast a track record as impressive as Imperial Oil (TSX:IMO). In a sector known for volatility, Imperial stands out as a beacon of consistency. The oil and gas integrated company began paying dividends in 1981, but what truly sets it apart is its unbroken streak of…
Here’s the bottom line up front: no, Algonquin Power & Utilities Corp. (TSX:AQN) is not a good dividend stock to buy if your goal is making money from your investments. The company is still struggling with negative leveraged free cash flow, a dangerously high debt-to-equity ratio, and an unsustainable payout when measured against distributable cash…
Cenovus Energy (TSX:CVE) is one of Canada’s leading integrated energy companies, with operations that span upstream oil and gas production, midstream transportation and storage, and downstream refining and marketing. But with energy prices ever-fluctuating, is Cenovus a good stock to buy now? Let’s break down its fundamentals, recent developments, and future potential to find out….
Image source: Getty Images When it comes to security in the last 150 years, energy stocks are the ones to beat. These companies are used for everything, from powering our homes to our vehicles and everything in between. And it’s why energy stocks can be the best way to fuel dividends for decades. That’s why…
Canadian Natural Resources (TSX:CNQ) is a crude oil and natural gas production company operating in Western Canada, the North Sea, and offshore Africa. The company has underperformed the broader equity markets this year. Its year-to-date performance has been flat, in contrast to the S&P/TSX Composite Index, which is up roughly 19%. Falling crude oil prices…
Recently, Canadian energy giants Strathcona (TSX:SCR) and Cenovus Energy (TSX:CVE) have been locked in a bidding war over the smaller pure play E&P, MEG Energy Corp (TSX:MEG). The two larger companies have made their bids for the smaller E&P and look committed to closing the deal. The stakes involved here are relatively large. MEG is…
Over the past 10 years, Pembina Pipeline (TSX:PPL) has earned solid total returns for shareholders. Its stock has delivered a 130% total return (including dividends) over the decade. That is an 8.5% compounded annual growth rate (CAGR) for PPL stock in that time. However, recently Pembina’s stock has underperformed the market and its pipeline peers….
Finding excellent dividend stocks with relatively high yields compared to other assets in the fixed income world is one thing. Finding such companies that pay out yields of, say, 7% while also paying such dividends monthly – that’s a harder ask. Whitecap Resources (TSX:WCP) is one such company with a 7% dividend yield I’m growing…
Want to retire early without worrying about market drama? Canadian Utilities (TSX:CU) might be the quiet cornerstone you need in your portfolio. It’s not flashy, and it won’t go viral. But if you’re hunting for reliable income and long-term security, this dividend stock makes an incredibly strong case. Delivering income Canadian Utilities has been doing…
Valued at a market cap of $41.6 billion, Cenovus Energy (TSX:CVE) is a Canadian integrated energy company that develops oil sands, refines petroleum products, and operates across multiple segments, including oil sands, conventional, offshore, and both Canadian and U.S. refining operations. Its primary assets include major oil sands projects, such as Christina Lake, Foster Creek,…