Algonquin Power & Utilities Corp T.AQN

Alternate Symbol(s): T.AQN.PR.D | AQN | AGQPF | T.AQN.PR.A

Utilities Utilities - Diversified

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. The Company is engaged in renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities. The Company owns, operates, and/or has net interests in over four gigawatts (GW) of installed renewable energy capacity. The Company is focused on its expanding global pipeline of renewable energy and electric transmission development projects, organic growth within its rate-regulated generation, distribution and transmission businesses, and the pursuit of accretive acquisitions.

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Algonquin Power & Utilities Corp > Why FTS is my Favourite Utility Stock

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Comment by Chefboy69on Nov 21, 2022 7:06pm

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Post# 35117104

RE:RE:RE:Why FTS is my Favourite Utility Stock

next hike GIC's will be paying 5% and the 4.5% is cashable and length 18 months
right now

AlwaysLong683 wrote:

barneyj44 wrote:
Or you can buy a Gic with just under a 5% yield without risk. Keyera is over 6 %...

What's the term of that GIC?
Is it cashable at any time or locked-in until maturity?
If held outside a tax-sheltered account, you'll pay more income tax on the interest than you will on dividends.
GICs have their place in a diversified portfolio, so one can own both if they so desire even though, as you stated, stocks are riskier investments.

KEY is a midstream company, not a utility, so not a good comparison.

In the midstream space, I prefer ENB and TRP.