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Roger S. Conrad needs no introduction to individual and professional investors, many of whom have profited from his decades of experience uncovering the best dividend-paying stocks for accumulating sustainable wealth.

Roger built his reputation with Utility Forecaster, a publication he founded more than 20 years ago that The Hulbert Financial Digest routinely ranked as one of the best investment newsletters. He’s also a sought-after expert on master limited partnerships (MLP) and former Canadian royalty trusts.

In April 2013, Roger reunited with his long-time friend and colleague, Elliott Gue, becoming co-editor of Energy & Income Advisor, a semimonthly online newsletter that’s dedicated to uncovering the most profitable opportunities in the energy sector.

Although the masthead may have changed, readers can count on Roger to deliver the same high-quality analysis and rational assessment of the best dividend-paying utilities, MLPs and dividend-paying Canadian energy names.

Articles

Merging to Cut Distributions

By Roger S. Conrad on Aug. 11, 2018
Enbridge Inc (TSX: ENB, NYSE: ENB) management isn’t budging from take under offers for its US MLP affiliates Enbridge Energy Partners (NYSE: EEP) and Spectra Energy Partners (NYSE: SEP). That boosts the odds the proposed stock-for-stock exchange ratio will hold, along with distribution cuts of 40 percent for Enbridge and 10 percent for Spectra.

Big Yield Hunting The Utility Way

By Roger S. Conrad on Aug. 11, 2018
Giant accounting firm Ernst & Young LLP projects more than 60 percent of Americans will outlive their investment portfolios. Some will over spend. But the greatest threat to all is simply poor investment returns: The result of lacking a disciplined income strategy and relying on investments that sacrifice too much potential return for a dubious promise of safety. I definitely count cash alternatives and the vast majority of bonds in that category. As our table “High Yields With Upside” highlights, we’ve done very well buying undervalued fixed income from our Utility Report Card universe of essential services companies.

Want to Cash in on 5G? The Biggest Winners are also the World’s Cheapest Stocks

By Roger S. Conrad on Aug. 7, 2018
Over the last 20 years, Verizon Communications (NYSE: VZ) has transformed from a regional local phone monopoly to America’s leading wireless and broadband communications company. Sales have more than quadrupled to upwards of $130 billion, greater than the GDP of all but 58 countries. Cash flow is also four times greater and free cash flow generation of nearly $17 billion is eight times more.

The 9 Best and 9 Worst Essential Services Stocks for 2018-19

By Roger S. Conrad on Aug. 7, 2018
The Dow Jones Utility Average’s first half 2018 return was half of a percentage point including dividends. That’s not bad considering utilities’ generally solid performance of the previous two years up to the all-time highs reached in mid-November of 2017. In addition, many sector leaders opened the year trading at stratospheric valuations, just as concerns about rising interest rates and the impact on earnings from the president’s corporate tax cuts and tariffs started to percolate.

Electric Gold: Your Antidote to Retirement Insecurity

By Roger S. Conrad on Aug. 7, 2018
The US electric system is in the early stages of a dramatic transformation that will launch a new wave of applications, cut costs by improving efficiency, enhance system reliability and improve air and water quality. Regulated utilities are the primary drivers of these changes. Their success is already enriching shareholders with accelerating dividend growth and robust total returns, what I call the ultimate antidote to retirement insecurity.

Propane Distributors: Unloved Big Yields and Ripe for M&A

By Roger S. Conrad on Aug. 5, 2018
Canada’s Superior Plus Corp (TSX: SPB, OTC: SUUIF) generated few headlines last month, when it paid $900 million for NGL Energy Partners’ (NYSE: NGL) propane distribution business. However, this merger is highly remarkable for three major reasons.

Income Stocks and the Great Growth Surprise

By Roger S. Conrad on Jul. 29, 2018
The big question facing investment markets in second half 2018: Will the US economy keeping growing at a 4 percent plus rate?

Q2 Early Reporters: Key Takeaways So Far

By Roger S. Conrad on Jul. 28, 2018
More than 20 Conrad’s Utility Investor coverage universe companies have reported second quarter earnings, along with updated guidance. My comments along with updated advice, payout ratios and Quality Grades are highlighted in the Utility Report Card.

AT&T Inc: The Blessing of Low Expectations

By Roger S. Conrad on Jul. 19, 2018
The message from the U.S. Department of Justice to the merger-manic communications and media business? "Slow your roll."

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ABOUT ROGER CONRAD

Roger S. Conrad needs no introduction to individual and professional investors, many of whom have profited from his decades of experience uncovering the best dividend-paying stocks for accumulating sustainable wealth. Roger b