Here's a Clean Utility Stock for Your Portfolio - The Motley

Here's a Clean Utility Stock for Your Portfolio - The Motley Fool Canada


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Utilities are some of the best defensive investments to own. This is mainly because they offer a reliable revenue stream and a handsome dividend. The counter-argument to utility stocks includes the stereotypical view of them being boring and dirty. If only there were a clean utility stock that wasn’t boring!
But wait, there is such a stock. Let’s take a moment to talk about
Algonquin is not your average utility
The first thing that prospective investors should note is Algonquin’s structure. The company has two main segments, which provide a welcome element of diversification to investors.

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