Compare Preferred's Of Green Energy Utilities

Using this table you can compare all the preferred shares issued by the Green Energy Canadian Utilities.  These companies produce at least 50% of their power from renewable resources such as hydro, wind and solar.  Most utilities have a growing renewable power segment as they begin to shift away from fossil fuels. For a utility to be included in this list, it must produce over 50% of their power from renewable sources. We also want to point out those companies with a 100% renewable power generation in the following list:

  • Innergex Renewable Power

All types of preferred’s are included (perpetual, fixed, floating) in one table. The information is presented in an easy to understand format. This way you can pick the right share to purchase or sell. As with any other investment decision, the same metrics should be used.  Each investor has a unique selection process and looks at the same metric differently.

  1. Some investors looking for high yield over the next 5 years will put more emphasis on the “Blended Yield” metric.
  2. More weight should be given to the “Rating” metric if you are looking for the highest credit worthy issues.
  3. Good value is indicated by metric “rate increase percent”.  This also highlights the stocks with the most room for capital gains if rates start going up.

We expect each investor to review the various metrics and make a determination on the totality of their values while at the same time expressing their personal investing style. If you need more information on how to use the metrics below, see our how to YouTube video  or our post how to pick the best preferred share of a company.

 

Last Updated: Market Data Jun-01 18:24, Model Metrics Jun-01 18:43
Credit RatingSymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield | Dividend)
Reset (Yield | Dividend)yield and dividend for the current issue after the upcoming reset
Blended (Yield | Dividend)follow link passed the end of the table to see definition
Reset Date Y/M/DRate Increase (percent | to value )New Spread (%Increase | value)Years To Double Initial InvestmentP/E RatioMarket Cap In BillionsName
Pfd3HBEP-E $22.01$24.84$16.05PERPETUAL @ 5.59%06.35% | $1.4006.35% | $1.4006.35% | $1.40PERPETUAL013% | 6.35%N/A11.25#N/A11.7 BBrookfield Renewable Partners L.P. 5.59%, Series 5
NRINE-C $23.20$24.90$21.90PERPETUAL @ 5.75%06.21% | $1.4406.21% | $1.4406.21% | $1.44PERPETUAL007% | 6.20%N/A11.50#N/A3.24 BInnergex Renewable Power Series C Perpetual
Pfd3HBRF-F $20.51$22.53$14.59PERPETUAL @ 5.00%06.10% | $1.2506.10% | $1.2506.10% | $1.25PERPETUAL021% | 6.09%N/A11.70#N/A11.7 BBrookfield Renewable Power Preferred Equity 5.00%, Series 6
Pfd3HBRF-E $20.73$22.38$14.56PERPETUAL @ 5.00%06.04% | $1.2506.04% | $1.2506.04% | $1.25PERPETUAL020% | 6.03%N/A11.81#N/A11.7 BBrookfield Renewable Power Preferred Equity 5.00%, Series 5
NRCSE-A $9.75$13.38$8.195YR + 2.71%08.41% | $0.8207.95% | $0.7808.08% | $0.782021JUL31156% | 7.95%061% | 4.36%8.574  Capstone Infrastructure Corp. 3.271%, Series A
Pfd3HBRF-C $14.4$18.00$11.555YR + 2.94%07.55% | $1.0905.78% | $0.8307.20% | $1.032024JUL31073% | 5.78%042% | 4.18%9.515#N/A11.7 BBrookfield Renewable Power 4.40%, Series 3
NRNPI-C $15.45$20.45$11.505YR + 3.46%08.22% | $1.2706.23% | $0.9607.11% | $1.092022DEC31061% | 6.23%038% | 4.78%8.76816.476.11 BNorthland Power Inc. 5.08%, Series 3
Pfd3LAQN-D $17.18$21.50$13.475YR + 3.28%07.40% | $1.2705.34% | $0.9206.78% | $1.162024MAR31045% | 5.34%031% | 4.30%9.70238.9610.2 BAlgonquin Power & Utilities Corp. Cumulative Rate Reset Preferred Shares Series D
Pfd3LAQN-A $17.00$20.10$12.525YR + 2.94%07.59% | $1.2904.90% | $0.8306.64% | $1.122023DEC31047% | 4.90%032% | 3.88%9.46638.9610.2 BAlgonquin Power & Utilities Corp.Cumulative Rate Reset Preferred Shares Series A
NRNPI-A $12.08$16.24$8.355YR + 2.80%07.27% | $0.8806.60% | $0.8006.62% | $0.8 2020SEP30107% | 6.60%051% | 4.24%9.87216.476.11 BNorthland Power Inc. 3.51%, Series 1
Pfd3HBEP-M $19.51$23.65$14.755YR MIN 5.0% + 3.00%06.42% | $1.2506.40% | $1.2506.40% | $1.252023APR30028% | 4.34%021% | 3.65%11.14#N/A11.7 BBrookfield Renewable Partners L.P. 5.00%, Series 13
NRINE-A $12.65$16.97$9.525YR + 2.79%07.13% | $0.9006.28% | $0.8006.40% | $0.802021JAN01097% | 6.28%049% | 4.16%10.06#N/A3.24 BInnergex Renewable Energy Inc. 3.608%
Pfd3HBEP-K $19.9$24.00$14.525YR MIN 5.0% + 3.28%06.29% | $1.2506.28% | $1.2506.28% | $1.252022APR30025% | 4.61%020% | 3.94%11.36#N/A11.7 BBrookfield Renewable Partners L.P. 5.00%, Series 11
Pfd3HBEP-O $23$25.82$15.555YR MIN 5.75% + 3.49%06.25% | $1.4406.25% | $1.4306.24% | $1.432024APR30008% | 4.22%008% | 3.76%11.43#N/A11.7 BBrookfield Renewable Partners L.P. 5.75%, Series 15
Pfd3HBRF-A $12.5$17.05$9.995YR + 2.62%06.27% | $0.7806.02% | $0.7506.22% | $0.772025APR30100% | 6.02%050% | 3.93%11.39#N/A11.7 BBrookfield Renewable Power 3.355%, Series 1
Pfd3HBEP-G $22.08$25.62$15.905YR MIN 5.5% + 4.47%06.23% | $1.3806.22% | $1.3706.20% | $1.372021JAN31013% | 5.50%011% | 4.99%11.46#N/A11.7 BBrookfield Renewable Partners L.P. 5.50%, Series 7
Pfd3HBEP-I $23.15$26.39$17.005YR MIN 5.75% + 5.01%06.20% | $1.4406.21% | $1.4306.18% | $1.432021JUL31007% | 5.83%007% | 5.38%11.52#N/A11.7 BBrookfield Renewable Partners L.P. 5.75%, Series 9


Reset Scenarios Based on Various G.O.C. 5 Year Bond Yield Rates

The following table presents 5 scenarios, of the issues resetting based on different 5 Year Bond rates. Each scenario consists of 3 columns and grouped by color. The rates assumed for the reset are as follows:
  • Scenario 1: 5YR GOC Rate is set at 0.01%
  • Scenario 2: 5YR GOC Rate is set at 0.4%
  • Scenario 3: 5YR GOC Rate is set at 0.8%
  • Scenario 4: 5YR GOC Rate is set at 1.2%
  • Scenario 5: 5YR GOC Rate is set at 1.6%

For more information please review our video and/or post. Links available at the bottom of the page


Rank Preferreds - Compare Reset Scenarios

Last Updated: Market Data Jun-01 18:24, Model Metrics Jun-01 18:43
Credit RatingSymbolReset Date Y/M/DCurrent (Yield | Dividend)
5Yr @ 0.01%. Reset (Yield | Dividend)Scenario: 1 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.01%.
5Yr @ 0.01%. Blended (Yield | Dividend)5Yr @ 0.01%. Rate Increase (percent | to value )
5Yr @ 0.4%. Reset (Yield | Dividend)Scenario: 2 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.4%.
5Yr @ 0.4%. Blended (Yield | Dividend)5Yr @ 0.4%. Rate Increase (percent | to value )
5Yr @ 0.8%. Reset (Yield | Dividend)Scenario: 3 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.8%.
5Yr @ 0.8%. Blended (Yield | Dividend)5Yr @ 0.8%. Rate Increase (percent | to value )
5Yr @ 1.2%. Reset (Yield | Dividend)Scenario: 4 yield and dividend based on GOC 5yr Rate of 5Yr @ 1.2%.
5Yr @ 1.2%. Blended (Yield | Dividend)5Yr @ 1.2%. Rate Increase (percent | to value )
5Yr @ 1.6%. Reset (Yield | Dividend)Scenario: 5 yield and dividend based on GOC 5yr Rate of 5Yr @ 1.6%.
5Yr @ 1.6%. Blended (Yield | Dividend)5Yr @ 1.6%. Rate Increase (percent | to value )
NRCSE-A 2021JUL3108.41% | $0.826.97% | $0.6807.26% | $0.70156% | 6.97%7.97% | $0.7708.06% | $0.78156% | 7.97%9.00% | $0.8708.88% | $0.86156% | 9.00%10.00% | $0.9709.70% | $0.94156% | 10.00%11.10% | $1.0810.54% | $1.02158% | 11.10%
Pfd3HBRF-C 2024JUL3107.55% | $1.095.12% | $0.7307.08% | $1.01073% | 5.12%5.80% | $0.8307.21% | $1.03073% | 5.80%6.49% | $0.9307.35% | $1.05073% | 6.49%7.19% | $1.0407.50% | $1.08073% | 7.19%7.88% | $1.1407.63% | $1.1 073% | 7.88%
NRNPI-C 2022DEC3108.22% | $1.275.61% | $0.8606.78% | $1.04061% | 5.61%6.25% | $0.9607.13% | $1.10061% | 6.25%6.89% | $1.0707.50% | $1.16061% | 6.89%7.54% | $1.1707.86% | $1.21061% | 7.54%8.19% | $1.2708.22% | $1.27061% | 8.19%
Pfd3LAQN-D 2024MAR3107.40% | $1.274.79% | $0.8206.61% | $1.13045% | 4.79%5.36% | $0.9206.78% | $1.16045% | 5.36%5.94% | $1.0206.95% | $1.19045% | 5.94%6.52% | $1.1207.13% | $1.22045% | 6.52%7.10% | $1.2207.30% | $1.25045% | 7.10%
Pfd3LAQN-A 2023DEC3107.59% | $1.294.34% | $0.7306.45% | $1.09047% | 4.34%4.91% | $0.8306.65% | $1.13047% | 4.91%5.50% | $0.9306.85% | $1.16047% | 5.50%6.09% | $1.0407.07% | $1.20047% | 6.09%6.68% | $1.1407.27% | $1.23047% | 6.68%
NRNPI-A 2020SEP3007.27% | $0.885.82% | $0.7005.81% | $0.70107% | 5.82%6.62% | $0.8 06.62% | $0.8 107% | 6.62%7.45% | $0.9 07.45% | $0.9 107% | 7.45%8.28% | $1 08.27% | $1.0 107% | 8.28%9.11% | $1.1 09.10% | $1.1 107% | 9.11%
Pfd3HBEP-M 2023APR3006.42% | $1.256.41% | $1.2506.40% | $1.25028% | 6.41%6.41% | $1.2506.40% | $1.25028% | 6.41%6.41% | $1.2506.40% | $1.25028% | 6.41%6.41% | $1.2506.40% | $1.25028% | 6.41%6.41% | $1.2506.40% | $1.25028% | 6.41%
NRINE-A 2021JAN0107.13% | $0.905.53% | $0.7 05.69% | $0.72097% | 5.53%6.30% | $0.7906.38% | $0.80097% | 6.30%7.09% | $0.8907.10% | $0.89097% | 7.09%7.89% | $0.9907.81% | $0.98097% | 7.89%8.68% | $1.1008.53% | $1.08097% | 8.68%
Pfd3HBEP-K 2022APR3006.29% | $1.256.28% | $1.2506.28% | $1.25025% | 6.28%6.28% | $1.2506.28% | $1.25025% | 6.28%6.28% | $1.2506.28% | $1.25025% | 6.28%6.28% | $1.2506.28% | $1.25025% | 6.28%6.28% | $1.2506.28% | $1.25025% | 6.28%
Pfd3HBEP-O 2024APR3006.25% | $1.446.25% | $1.4406.26% | $1.44008% | 6.25%6.25% | $1.4406.26% | $1.44008% | 6.25%6.25% | $1.4406.26% | $1.44008% | 6.25%6.25% | $1.4406.26% | $1.44008% | 6.25%6.25% | $1.4406.26% | $1.44008% | 6.25%
Pfd3HBRF-A 2025APR3006.27% | $0.785.26% | $0.6506.19% | $0.77100% | 5.26%6.04% | $0.7506.23% | $0.77100% | 6.04%6.84% | $0.8506.27% | $0.78100% | 6.84%7.64% | $0.9506.31% | $0.78100% | 7.64%8.44% | $1.0606.35% | $0.79100% | 8.44%
Pfd3HBEP-G 2021JAN3106.23% | $1.386.23% | $1.3806.24% | $1.37013% | 6.23%6.23% | $1.3806.24% | $1.37013% | 6.23%6.23% | $1.3806.24% | $1.37013% | 6.23%6.42% | $1.4206.41% | $1.41013% | 6.42%6.87% | $1.5206.82% | $1.50013% | 6.87%
Pfd3HBEP-I 2021JUL3106.20% | $1.446.21% | $1.4406.22% | $1.44008% | 6.21%6.21% | $1.4406.22% | $1.44008% | 6.21%6.27% | $1.4506.25% | $1.44007% | 6.27%6.71% | $1.5506.60% | $1.52008% | 6.71%7.14% | $1.6506.94% | $1.60008% | 7.14%

This sector will only keep growing as more and more utilities make the transition to green energy generation. The green energy market is currently worth over 10 Trillion.

For more information on Green Mutual Funds and Green Investing see the eco market

Socially responsible investing is a growing trend in Canada. Learn more in this Oaken Blog feature