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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

Back to the Future

By Roger S. Conrad on Aug. 1, 2013

This inaugural issue continues my almost three decades of covering essential-services stocks, with a few changes I think you’ll find useful.

My approach, as always, is to focus on companies which pay safe, growing dividends that will build our wealth over time. Names that provide essential services--electricity, heating, communications, water and pipeline capacity--enjoy stable demand and generate reliable cash flow, regardless of economic conditions or Wall Street’s latest investment fad.

More than 100 years after these industries came into being, they’re more critical than ever to a functioning society. Usage can rise and fall from quarter to quarter, or even year to year. But as the global economy grows, so do these businesses--and the benefits accrue to shareholders in the form of rising dividends and capital appreciation.

No merger between regulated utilities has ever failed to produce a stronger, more viable entity. Nor has any regulated utility ever vanished, save through consolidation. Even the owner of Three Mile Island--the former Metropolitan Edison--was able to come back from the 1978 accident. And investors who bought at the bottom realized a 35-to-1 return on their money over the subsequent decade.

No other industry can make these claims. That’s not to suggest that regulated utilities haven’t suffered severe setbacks at times; however, given the nature of the assets that these companies own, stocks and bonds issued by essential-service providers usually recover from whatever disaster befalls them.

Renewable Profits

By Roger S. Conrad on Jul. 29, 2013

Hydroelectric power is the world’s cleanest and cheapest source of baseload power. And with 5,900 megawatts of installed capacity and a full pipeline of new projects, Brookfield Renewable Energy Partners (TSX: BEP-U, NYSE: BEP) is the world’s premier pure play.

Robust Growth at a Deep Value

By Roger S. Conrad on Jul. 29, 2013

Telefonica’s woes can be squarely blamed on aggressive global expansion right up to the great crash of 2008. Revenue growth in Latin America has offset shrinking in Spain and elsewhere in Europe but the Continent’s credit crunch has forced the company to sell assets to reduce its debt load, even as its credit rating has been cut. But things are looking up.

Solid Foundations

By Roger S. Conrad on Jul. 29, 2013

Discipline, consistency and hard work don’t always guarantee success. But they're the necessary foundation of every winning investment strategy.

Due for a Pullback But Positioned for the Long Term

By Roger S. Conrad on Jul. 25, 2013

Utility stocks might be due for a pullback, but the risks that rising interest rates pose to the sector are overblown.

Warning: Falling Payouts

By Roger S. Conrad on Jul. 24, 2013

Nothing destroys shareholder value like a dividend cut. Not only do you lose a portion of your monthly income, but a falling share price can also saddle you with significant capital losses. These are the dividend-paying stocks that are most dangerous to your wealth.

Three Trends That Will Shape the Rest of 2013

By Roger S. Conrad on Jul. 24, 2013

Stepped up targeting of dividend-paying stocks, runaway momentum widening the gap between loved and unloved stocks, and shifting odds of recovery in essential service company investment: These three trends have increasingly shaped returns since spring. And odds are good they’ll continue to the rest of the year.

How Safe Are Telecom Dividends?

By Roger S. Conrad on Jul. 17, 2013

What telecom names boast the safest dividends? The industry’s Big Four take the title, hands down. Among the smaller fry, Consolidated Communications (NSDQ: CNSL) is in the best shape--one of the reasons short interest in the stock is lower than its peers that trade with reasonable liquidity. 

Bond Bargains and Booby Traps

By Roger S. Conrad on Jul. 15, 2013

Utilities and essential services stocks are known for their long-run stability—both all-weather business strength and low share price volatility. But even they pale before the unmatched reliability of utility bonds.

Southern Exposure

By Roger S. Conrad on Jul. 5, 2013

The recent pullback in shares of Southern Company (NYSE: SO) represents a buying opportunity.

MODEL PORTFOLIOS & RATINGS

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