Q: Hi Peter
re: ALA versus IPL
Here is what globe and mail data shows
near 52 week lows; both
dividend yield; both >5%
HISTORY OF DIVIDEND CUT ALA YES; IPL NO ?
P/E ALA > 40; IPL >10
payout ratio ALA > 50 % ; IPL > 80 %
size IPL : ALA is about 2:1 based on market cap
Your opinion between the two.
1. is my data correct ? in particular the payout ratio
2. which of the 2 would you say is "safer" in the present climate and why ?
3. Is there anything else I should consider before choosing between the 2 or would you recommend an alternative utility ( I already own BEP and TRP ; only 1 % each)
many thanks
Ernie
re: ALA versus IPL
Here is what globe and mail data shows
near 52 week lows; both
dividend yield; both >5%
HISTORY OF DIVIDEND CUT ALA YES; IPL NO ?
P/E ALA > 40; IPL >10
payout ratio ALA > 50 % ; IPL > 80 %
size IPL : ALA is about 2:1 based on market cap
Your opinion between the two.
1. is my data correct ? in particular the payout ratio
2. which of the 2 would you say is "safer" in the present climate and why ?
3. Is there anything else I should consider before choosing between the 2 or would you recommend an alternative utility ( I already own BEP and TRP ; only 1 % each)
many thanks
Ernie