Bullboard - Stock Discussion Forum Capital Power Corp T.CPX

Alternate Symbol(s): T.CPX.P.A | T.CPX.P.C | T.CPX.P.E | T.CPX.P.K | CPRHF | CPXWF | CPWPF

Utilities Utilities - Independent Power Producers

Capital Power Corporation is a growth-oriented power producer company. The Company develops, acquires, owns, and operates renewable and thermal power generation facilities and manages its related electricity and natural gas portfolios. It is involved in the operation of electrical generation facilities within Canada and in the United States. The Company has approximately 9,300 megawatts (MW) of... see more

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TSX:CPX - Post Discussion

Capital Power Corp > Strong earnings

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Post by ntcse123 on Apr 30, 2021 8:55pm

Strong earnings

AFFO of 159 million or 1.49 per share for the quarter, they had previously guided 500 to 550 million for the year but now sahying it will be above that. So another beat and raise. More capital appreciation is expected here.

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Comment by dileas48s on May 01, 2021 8:51am

Great results indeed. I wonder what it will take to raise the dividend?

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Comment by ntcse123 on May 01, 2021 1:26pm

They've guided for a 7% dividend increase in 2021 and a 5% dividend increase in 2022 - last time the raise was announced at the end of July. I think if they want to allocate excess cash to shareholders, they might consider the buyback. Dividend increase CAGR for past 10 years is around 11 percent so who knows if they go further than planned but since they guided and met their guide ...more

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