Friday, November 5, 2010

utilities increasing dividends

Energy distributor, Inter Pipeline Fund (IPL.UN) and telecommunications firm Telus (T.A) have both  hiked their dividends.  Telus by 5% and Inter Pipeline by about 7%.  These two companies are both considered utilities.  It is very nice to receive every increasing cash dividends from these two stable firms. 

5 comments:

Think Dividends said...

Energy infrastructure analyst Robert Kwan from RBC Capital Markets wrote this in early October:

"...future dividend increases should continue to keep positive sentiment and high valuations in the sector... the "Yield Theme" could last for a few more quarters...

Following Emera’s surprise 15% dividend increase, we expect Enbridge to follow with an 18% increase that could be announced with 2011 guidance in early December 2010. We also believe that Fortis could modestly surprise on the upside (we forecast a 7% increase) with an announcement of an increase possibly by the end of the year (and if not then, in Q1/11). The following are expected to deliver their regular annual dividend increases: ATCO, Canadian Utilities and TransCanada (all likely in Q1/11). Although likely to occur later in 2011, we expect AltaGas and Keyera to announce a dividend increase, with an outside chance that Inter Pipeline will do the same."


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JP (The Rat) said...

I love utilities stocks and it's even better when we hear dividends being increased.

EMA's news for example was great to hear and I hope you're right in that we see others follow suit in the next quarter or so!

Anonymous said...

Interesting article on US utility stocks with dividend growth in today's Globe and Mail. The ishares of vangaurd utilities etfs may be worth a look.

Financial Cents said...

Great news indeed MG!

I just made a small purchase of EMA before I left for vacation. I need to write about that when I get home. I love utilities!

MG - any purchases on your horizon?

Cheers,
My Own Advisor

Sean said...

As you probably know, dividends are regular cash payouts that you receive for simply owning a stock. Many utilities are paying dividends.