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Investment Q&A

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ATCO Ltd. Class I Non-voting Shares (ACO.X)
- View ACO.X Profile
- View Questions on ACO.X

Q: Hi Everyone!
What are your thoughts on Atco for a long term hold ?
Cheers,
Tamara

Asked by Tamara on February 21, 2025

5i Research Answer:

We consider ACO.X a nice boring utility. With a 4.24% dividend and priced at 11X earnings, we like its cash flow and consistency. The dividend was raised in January and is well covered by operating cash flow. It is up 34% in the past year and we would not assume those types of returns on a regular basis, but for income and some growth it looks fine to us.

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