2 Canadian ESG Stocks for Income Investors fool.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.ca Daily Mail and Mail on Sunday newspapers.
4 Top Canadian Dividend Stocks to Buy Under $30 fool.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.ca Daily Mail and Mail on Sunday newspapers.
About TransAlta Renewables Inc.
TransAlta Renewables is among the largest of any publicly traded renewable independent power producers ( IPP ) in Canada. Our asset platform and economic interests are diversified in terms of geography, generation and counterparties and consist of interests in 24 wind facilities, 13 hydroelectric facilities, eight natural gas generation facilities, one solar facility, one natural gas pipeline, and one battery storage project, representing an ownership interest of 2,633 megawatts of owned generating capacity, located in the provinces of British Columbia, Alberta, Ontario, Québec, New Brunswick, the States of Pennsylvania, New Hampshire, Wyoming, Massachusetts, Michigan, Minnesota, Washington and the State of Western Australia. Our objectives are to (i) provide stable, consistent returns for investors through the ownership of, and investment in, highly contracted renewable and natural gas power generation and other infrastructure assets that provide st
Image source: Getty Images
In this low-interest-rate environment, the yields on debt instruments have become unattractive. So, investing in monthly paying dividend stocks has become an attractive means to earn stable passive income. Further, investors could also benefit from stock appreciations. So, here are three top Canadian stocks that pay monthly dividends at higher yields.
Pembina Pipeline
Pembina Pipeline (TSX:PPL)(NYSE:PBA), with its integrated assets, offers a full spectrum of midstream and marketing services to the energy sector. The company has delivered an impressive performance over the last 10 years, with its adjusted EBITDA and average cash flows per share growing at a CAGR of 12.2% and 9.8%, respectively.