On August 30, 2022, DBRS Limited (DBRS Morningstar) confirmed ATCO Ltd.’s (ATCO) Issuer Rating at A (low) and Fixed-to-Floating Rate Subordinated Notes (the Subordinated Notes) rating at BBB. Both trends are Stable. The rating of the Subordinated Notes is two notches lower than ATCO’s Issuer Rating.
On August 30, 2022, DBRS Limited (DBRS Morningstar) downgraded the rating of the Cumulative Preferred Shares of Canadian Utilities Limited to Pfd-2 from Pfd-2 (high). DBRS Morningstar confirmed both the Issuer Rating and the Unsecured Debentures rating at “A,” and its Commercial Paper rating at R-1 (low). All trends are Stable.
On September 1, 2021, DBRS Limited (DBRS Morningstar) confirmed ATCO Ltd.’s (ATCO, the Holdco, or the Company) Issuer Rating at A (low) and Fixed-to-Floating Rate Subordinated Notes (the Subordinated Notes) rating at BBB. Both trends are Stable. The rating of the Subordinated Notes is two notches lower than ATCO’s Issuer Rating.
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
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