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Now’s as great a time as ever to start thinking about readjusting one’s portfolio. Some investors do so every quarter, and we’re nearing the home stretch on Q1.
For those looking to make a few moves, and are looking for the best candidates, I’ve found three stocks I think you’ll like.
Fortis
Fortis Inc. (TSX:FTS)(NYSE:FTS) is a no-brainer for long-term investors seeking income in retirement.
This company is not only a Dividend Aristocrat, but it’s also one of Canada’s best.
Why?
Fortis’ track record of dividend growth is really unparalleled in my view. Many companies focus on providing growing dividend distributions each year, but few have done so at the scale Fortis has over the past five decades.
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By Reuters Staff
2 Min Read
(Reuters) - Electricity and gas provider Just Energy Group Inc said it filed for creditor protection in Canada and plans to do the same in the United States, citing massive costs from the Texas deep freeze last month.
It became the second Texas electricity company to take the step in the face of extraordinary electricity charges during the cold snap.
Last week, Texas’ largest and oldest electric power cooperative, Brazos Electric Power Cooperative Inc, filed for bankruptcy protection in Houston, citing a disputed $1.8 billion debt to the state’s grid operator.
Just Energy said on Tuesday it expects to receive a loan that would enable it to pay the state’s grid operator more than $250 million for power. It would be unable to cover the bill without the loan.
Just Energy files to restructure under CCAA after taking hit from Texas winter storms
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