EMRAF - Is Emera A Buy Or A Hold?
Investment Thesis
Emera (EMRAF) (TSX:EMA) is a diversified utility company operating in Canada, the United States, and the Caribbean. The company has an active development pipeline that should ensure long runway of growth. It is also planning to increase its dividend by 8% through 2020. However, its share price may continue to be impacted by the rising treasury yield. Despite its strong future growth, investors should be careful finding the right entry point.
Source: Company Website
Reasons why we like Emera's Business
Geographically diversified
Emera has gradually transitioned from a Canadian