Algonquin Power & Utilities Corp T.AQN

interesting table on total returns for utils we own

[SargeX]

It sure seems like AQN has been beaten up this year BUT it actually isn't too far out of line with 2 (EMA,FTS) of the 3 other utils my wife & I own. It also is line with them on 3 & 5 years and ahead on 10. My wife & I have owned AQN since Nov. 2011 so we have done well with it. 

As an aside, we've held EMA since Jan, 2010, FTS since Aug, 2018, and CPX since Aug-Oct 2020 (as a replacement for dumping ALA after holding it for 10 years).  This certainly shows our long term belief in utilities and we still are big believers.

Here's a table of total returns (ie: including dividends) from Morningstar as of today.

Ciao
  Sarge

Ticker		YTD%		3yr%		5yr%		10yr%
AQN		-16.35		-1.75		6.31		12.00
CPX		13.34		16.72		16.17		10.90
EMA		-12.88		1.86		6.29		7.84
FTS		-15.02		0.55		5.65		7.22

[TickerTwit]

For investors who are after dividend growth, such as my son and I, EMA has been a disappointment the past few years. We rate CPX the top choice on your list, based on entry yield, past five years of annual increase history, and high renewable component of revenue. .

[SargeX]

Hey TT Interesting. My rating order is: EMA,CPX,FTS,AQN.  We have done the best with CPX but I'm still a bit suspicious of them with their legacy Alberta coal and that's why EMA is tops. I like FTS quite a bit but the yield is always lower on it. AQN used to be my fav until Banskota took over from Robertson and acted like a BTO (Big Time Operator) growing for the sake of growing

[PattersonW]

[TickerTwit]

CPX's lingering coal generation is on my mind too. Their 2021 "Investor Day" presentation says they intend to exit coal by 2023, and the nearness of that was a factor in our decision to buy in. We'll see if they keep the conversion on schedule. .

[Larrymartin77]

Great post Sarge