TSX:ACO.X - Post Discussion
Atco Ltd
> Michael Sprung - BNN- Top Pick
Post by
Possibleidiot01 on Oct 11, 2023 1:51pm
Michael Sprung - BNN- Top Pick
ATCO (ACO.X TSX) ATCO Ltd. is a global conglomerate which owns and operates energy infrastructure assets. The company has operations in three primary business segments: Canadian Utilities (53 per cent owned, 82 per cent of earnings); Structures and Logistics (100 per cent owned, 14 per cent of earnings); Neltume Ports (40 per cent owned, four per cent of earnings) and Corporate (100 per cent owned, includes Real Estate and ASHCOR. The company has a history of sound multi-generational leadership. ATCO has raised its dividend every year for the last 30 years. At current levels, the stock yields around 5.5 per cent.
Be the first to comment on this post