
TSE:PPL
Kinder Morgan sold 5% of PPL shares, then the stock went up--so that overhang is now gone. Also, PPL just released details of their new petrochemical project, which helps de-risk PPL. That's why this stock jumped $2. Dividend is growing by 6%. He expects 8% free cash flow per share growth. PPL is a good, growing name with new projects. The whole sector is expensive though. A fine name overall at the current price.
A well-run energy infrastructure storage name. They closed the Kinder Morgan Canada purchase today. Reasonable growth ahead and trades at an attractive valuation at 10x cash flow. It pays over a 4% dividend yield. (Analysts’ price target is $55.26)
(A Top Pick Dec 11/18, Up 14%) She still likes this holding. An attractive yield. They expect the acquisition of Kinder Morgan Canada to close mid-December. This will allow them to increase the dividend by 5%. This is still an attractive place to accumulate shares. Very attractive long term prospects. Yield 5%