CDUAF - ATCO Is A Dividend Growth And Compounding Machine
ATCO Ltd. (TSX:ACO.X) (ACLLF) is a holding company that offers gas, electric, and infrastructure solutions. ATCO's primary segments include electricity (generation, transmission, and distribution), pipelines and liquid, ports, and structures & logistics. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States, the United Kingdom, and Mexico.
The largest subsidiary of the company and the primary value driver is Canadian Utilities ((CU)) (CDUAF). ATCO has 52.3% ownership of CU, which, in turn, has two major operating divisions: ATCO Pipelines & Liquids