Chris MacDonald, a Fool contributor, June top pick
Algonquin Power & Utilities Corp. (TSX:AQN)(NYSE:AQN) is my top pick for June and beyond, as I believe this Canadian utilities company has the asset base and management team to continue to grow long-term and provide investors with both the capital appreciation as well as the income they seek in a market where finding both components can prove to be tricky. At current levels, Algonquin Power is trading at around 18x forward earnings, with an impressive earnings growth rate and equally impressive dividend yield management: the utilities company currently has a yield of 4.7%, a yield which has been maintained over the years due to consistent and manageable increases over time.