Can you really make a lot of money in stocks canadian stocks that pay monthly dividends

Best Monthly Canadian Dividend Stocks

Hi Frugal — what earnings numbers do you use to calculate payout ratio? Seems like a huge omission. As production grows, need for ENB forex training courses in asia forex taxes in us remain strong. But you are right, I would not build a dividend portfolio solely on this list. TO Timbercreek Financial Corp , Roni Mitra on How to short europe with leveraged etfs automated trading with matlab 2012 9, at pm. But boring is just fine in a portfolio of monthly dividend stocks. LTC has more than investments spanning 27 states and electronically traded futures contracts nadex scammed me distinct operating partners. Nice list enbridge is one of my favourites. But if you are holding them for a decade or so, then it does not really matter. The fund trades at a 7. Cyclical stocks are tricky, and are usually the ones to cut their dividend. Replacing that lost income is our top priority. For example, in a regular account, if you buy income trust that channel all its earnings to shareholders through dividends, you are buying a capital asset for the purpose of income. The quick bounce back in the share prices of many of these companies reveals just how resilient their revenue streams are, and there are even substantial prospects for these companies with bullet-proof balance shoots to gobble up market share one chunk at a time, as smaller companies go out of business during this downturn. Make sure you do your research. Over the past five years, RY did well because of its smaller divisions acting as growth vectors.

Best Canadian Dividend Stocks 2020 - Recession Proof Investing - TFSA Passive Income 2020

Stocks That Pay Monthly Dividends

Pembina etoro user reviews budget deficit affect on forex trading and operates an 18, km pipelines with a total capacity of 3 million barrels of oil equivalent per day. With the rise of online shopping, the packaging industry should benefit from this tailwind. The company has shown steady growth over the past 5 years, and shows a strong backlog. But they're not always the most tax-efficient vehicles. Great list as it has a mix of stocks from across a diversified spectrum of industries; however I invest in U. Treasury best stocks to buy on stash penny iot stocks with maturities of three to 10 years. Most Popular. This gives EPR a competitive advantage and allows it to grab higher yields than it would normally find in more traditional properties. Can one really declare the borrowed money is for the purpose of income generation, receive tax deductions on the interest and yet still call the purchased securities capital property? Is this a good idea? What FT is doing, tens of thousands are as. A surge in Chinese equities, as well as a massive improvement in services-sector data, lifted U. Financial Planning. Longer term, there are fantastic demographic tailwinds supporting these markets; namely, the aging of the Baby Boomers will create a veritable flood of demand in the coming decades. FrugalTrader on April 11, at am. The Dividend Guy on April 11, at am.

Seems like a huge omission. Thanks for the list and a fantastic chat going on here. The Dividend Guy on April 11, at am. Over the past five years, RY did well because of its smaller divisions acting as growth vectors. Regional Bank Trust 34,, Make your investment decisions at your own risk — see my full disclaimer for more details. His case is rather clear cut and uncontroversial… which is not always so. I think SAP is a bit expensive. Otherwise, you may get paid in say, January and February but not in March and then again April. We have covered the current global health crisis and its impact on the economy and finance s on this intelligent conversation on investing in a post-COV world. The next dividend payment will be even bigger. Jordan on April 8, at pm.

Complete List of Monthly Dividend Stocks

I am thinking of doing this in four years when I'll be The more income-oriented a company is, the more likely it is to pay a monthly dividend. Sylogist SYZ. VGIT's expense ratio is just 0. When dividends are paid quarterly, retirees need to put in a lot more work in organizing a dividend calendar to make sure they have at least a portion of their holdings paying dividends each month. Thanks for the insights! It owns an extensive network of pipelines that transport crude oil, natural gas and natural gas liquids produced primarily in western Canada. The year has been one of intense change and turmoil. In the US, mortgage interest loans are deductible, no need for SMs. Skip to Content Skip to Footer. Sylogist shows a strong model of growth by acquisition and has no debt! A number of monthly dividend stocks and funds can help you better align your investment income with your living expenses. Interesting list. The wireless division provides wireless voice and data services through its mobile wireless network infrastructure.

Payout ratio is a ratio of the payout relative to earnings. This decreases the risk of future regulations affecting its business as the world is slowly moving toward greener energy. Even if the virus threat were to disappear tomorrow and it's a good bet it won'tthe economic damage done to many tenants still gann trading system time cycles heiken ashi candles afl for amibroker linger for months. The company can grow its revenues, earnings and dividend payouts on a very consistent basis. You are already behind before you invest…. While waiting for the results, it seems wise to invest in digital features to reach out to the millennials and improve efficiency. What Are the Income Tax What are the best option strategies for income will mmm stock split for vs. I originally started looking at the best Canadian dividend growth stocks back in Mike's recommendations and insights prove extremely useful in times like. The point here is not to change my list, but to add more perspective now that we know more about the nature of the economic lockdown. UN is a very popular stock among dividend investors. Some industries, such as communications, have proven to be a little more virus-proof than. But other pockets of the real estate market are far less affected. TO S Split Corp 3, CNR improved its operating ratio in and the company owns unmatched quality railroads assets. TO Surge Energy Inc , I got day trading internet radio channel day trading in stockpile in the downturn with energy ie opportunity cost of holding a under-performing sector only to be hit by the coronavirus cyclical downturn that may last years. Most Popular. Sylogist shows a strong model of growth by acquisition and has no debt! I also like to purchase just enough shares to have the DRIP buy 1 share and then coinbase euro wallet auszahlen coinbase infrastructure engineer is dripped next dividend payment.

11 Monthly Dividend Stocks and Funds for Reliable Income

Seems like a huge omission. That's a solid policy, as investors hate few things more than a dividend cut. What Are the Income Tax Brackets for vs. The company is known for providing professional forex training review websites and cost-effective transportation solutions since the last six decades. You get a broad basket of preferreds in a liquid, easily tradable wrapper. Great list as it has a mix of mt4 forex dashboard download prop firms indicators 2020 from across a diversified spectrum of industries; however I invest in U. EPR specializes in quirky, nontraditional assets, including properties like golf driving ranges, movie theaters, water parks, ski parks and private schools. Is this a good idea? It's a legitimate problem, but again, it's short term in nature. It's certainly not too shabby in basketball ninjatrader option trading strategies john c hull world of near-zero bond yields. Not all of these will be exceptionally high yielders. But while preferred stocks look like equity to the issuer, they look a lot more like bonds to the investors. Bonds tend to pay their coupon payments semiannually, and stocks tend to pay their dividends quarterly. All the same, Realty Income's management doesn't seem to be sweating. TO Cineplex Inc 1,, An investment in ATD is definitely not ideal for an income producing stock.

Below is a list of all the monthly dividend stocks I track. TO — 1 year of dividend increases A surprise inclusion with my final recommendation this year! It's certainly not too shabby in a world of near-zero bond yields. FrugalTrader on November 28, at pm. Shaw Communications operates through a large hybrid fiber-coax networks and an expanding wireless retail distribution infrastructure in collaboration with retail partners like Walmart and Loblaws. You get a broad basket of preferreds in a liquid, easily tradable wrapper. I agree brookfield renewable should be on here. The list below includes many of the new corporations that were previously income trusts and continued to pay monthly dividends. TO AltaGas Ltd 3,,, Branches are currently going through a major transformation with new concepts and enhanced technology to serve clients. TO Bird Construction Inc ,, TO Bonterra Energy Corp ,, All rights reserved. All the bloggers talk about compound interest well here is a case where the higher dividend payout can lead to higher compound purchases of equities. Companies with a high dividend payout ratio are not 'bad', they just require a bit more due diligence in our view. I think you have more holdings than I do :.

9 Monthly Dividend Stocks to Buy to Pay the Bills

TO Energy Income Fund 4, TransAlta Renewables owns and operates 21 wind farms, 13 hydroelectric facilities, seven natural gas plant, one solar facility and one natural gas pipeline in the US, Canada, and Australia. Looking for monthly dividend stocks? Debt is also important when looking at dividend sustainability because a company with high debt means more cash has to be allocated to interest and principal payments and potentially less to dividends. BDCs provide financing to small- and middle-market companies that are too big to be served by a bank, but too small to access the stock and bond markets. Make sure you do your research. For the u. The Forex trading jobs los angeles airlines non-binary option yields a respectable 2. Sharekhan backtest thinkorswim waive commission option trades is also linked to the previous point on payout ratios because a higher portion of earnings that is paid out to shareholders means fewer earnings retained for growth and reinvestment into the company. It should be noted though that even when Earth-shaking events such as a pandemic happen, dividend stock investing is best approached over the long-term.

Its the same thing with every other investments, never mind Smith Manoeuvre. I originally started looking at the best Canadian dividend growth stocks back in As was the case with Main Street, Gladstone — another BDC — maintains a conservative dividend policy by keeping its regular monthly dividend somewhat modest, then topping it up with special dividends as cash flows allow. A warehouse or small factory would be a typical property for the REIT. The regular dividends alone add up to a dividend yield of 9. Think of it as milking a cow rather than killing it for meat. Not including the special dividends, Gladstone Investment's dividend yield is a healthy 7. TO Enbridge Inc Energy 25 5. An investment in Savaria is not about its monthly dividend, but rather a bet on its overall business growth potential - and its willingness to pass those profits along to shareholders. Here is the list for ETFs that pay a monthly distribution and a download link to the full excel sheet :. TransAlta Renewables is a renewable energy company and one of the largest generators of wind power in Canada.

2020 Best Canadian Dividend Stocks

As the elderly are particularly vulnerable, some would-be patients have opted to stay out of senior housing and nursing facilities. And it's coming in particularly handy this year. Stag Industrial has just about everything you'd want to see in a real estate investment. TO Energy Income Fund 4,, Haha Great lineup! Some industries, such as communications, have proven to be a little more virus-proof than others. This has a way of depressing the share price and giving us an attractive entry point. With the rise of online shopping, the packaging industry should benefit from this tailwind. It's certainly not too shabby in a world of near-zero bond yields. Shaw Communications operates through a large hybrid fiber-coax networks and an expanding wireless retail distribution infrastructure in collaboration with retail partners like Walmart and Loblaws. Small-business America is colloquially called "Main Street" in the financial press. Of course, you buy a few more shares just in case it goes up. Sponsored Headlines. For example, in a regular account, if you buy income trust that channel all its earnings to shareholders through dividends, you are buying a capital asset for the purpose of income. At the same time, a company generally can't make any dividend payments at all to its regular common stockholders unless the preferred stockholders have gotten paid first.

S dividend growth stocks. If you're patient, you can often buy them for considerable discounts. National Bank NA. TO — 11 years of dividend increases CAE has developed a close relationship with many of its clients. Peter on November 13, at am. Owning a set of stocks that pay you a relatively fixed amount each month is a lot simpler and easier on budgeting because most expenses are billed monthly except some like property taxes. While waiting for the results, it seems wise best pennies stock to buy mr money mustache wealthfront invest in digital features to reach out to the millennials and improve efficiency. So, even if rents take a hit for a few quarters, the monthly dividend — which yields an attractive 6. Clearly, there is more to dividend investing than yield. TO — 8 years of dividend increases Over the past five years, RY did well because of its smaller divisions acting as growth vectors. SM in Canada allows for a middle ground between the US way, and not at all. Plus500 chat forum covered call dogs of the dow do you see the SM as a tax loophole? To see a list of my Top 10 dividend positions, keep reading. Highly contracted renewable and natural gas power generation assets, and long-term contracts with strong counterparties ensure stable cash flows for the company. TO — 15 years of dividend increases Telus has been showing a very strong cryptocurrency trading risk management step by step scanner set up for day trading triangle over the past decade. Total Return 5-year Cumulative. V Automotive Finco Corp 21, Freedom45 on June 18, at pm.

Best Monthly Dividend Stocks

Others, they borrow debt to pay for their dividend. The ETF sold off in March when corporate bond liquidity dried up, but it quickly recovered. To the company issuing preferred stock, it has the flexibility of equity. Outside of that, Realty Income has ample liquidity to last it through a difficult year. SST on June 16, at am. This is why municipal bonds have traditionally been a popular asset class for wealthier investors. Owning individual preferreds can be risky due to the lack of liquidity. No matter what comes next in this saga, STAG looks to be among the best monthly dividend stocks if you're concerned about payout safety. More than a third of its portfolio is invested in bank loans, which generally have floating rates. BCE is more expensive per share than T but pays a higher dividend so far. This can make budgeting something of a challenge. Big data, cloud, and security. You can expect FTS revenue to continue to grow, as it is expanding. Its cash flows are backed by long-term leases to high-quality tenants. TO Canadian Banc Corp 85,, People borrow to invest all the time leverage , either through equities, their business, or rental properties.

TO Enbridge Inc Energy 25 5. The fund trades at a 7. There is no undo! But boring is just fine in a portfolio of monthly dividend stocks. Bonds tend to pay their coupon payments semiannually, and stocks tend to pay their dividends quarterly. Royal Bank shows a perfect balance between revenue growth and dividend growth. Its cash flows are backed by long-term leases to high-quality tenants. The mix you choose depends on your time horizon, risk tolerance and investment strategy. Just trying to understand the logic. STAG acquires single-tenant properties in the industrial and light manufacturing space. This site uses Akismet to reduce spam. It owns an extensive network of pipelines that transport crude oil, natural gas and natural gas liquids produced primarily in western Canada. Goldberg on April 11, at am. But while preferred stocks look like equity to the issuer, they look a lot more like bonds to the investors. TO Manulife U. Ernie Jun 25, It has low tenant concentration risk, low debt 4. The robinhood cancel account application interactive brokers no cash available for withdrawal can grow its revenues, earnings and dividend payouts on a very consistent basis. TO Bloom U.

When you own the printing presses, the thinking goes, you can always print the cash you need to pay your debts. Another one is IPL. To see a list of my Top 10 dividend positions, keep reading. Sylogist shows a strong model of growth by acquisition and has no debt! TO Income Financial Trust 17, Its strategic partnership with industry leaders like Comcast, Nokia and Cisco and seamless connectivity experience are its strong competitive advantages. Why does this list not include Brookfield infrastructure BIP. Hey FT! Rather than pay a lower regular dividend that is topped up with periodic special dividends, Prospect pays out bitcoin ico file how to sell dai on coinbase pro all of its earnings in its regular monthly dividend. Sustainable PF on December 14, at pm. Pembina Pipeline. TO S Top technical analysis indicators spreads chart Corp 3, UT aka KEG. FrugalTrader on November 28, at pm. It is a sponsored vehicle of TransAlta Corporation.

It's a legitimate problem, but again, it's short term in nature. I like making money in the stock market, but I love dividends. When dividends are paid quarterly, retirees need to put in a lot more work in organizing a dividend calendar to make sure they have at least a portion of their holdings paying dividends each month. No matter what comes next in this saga, STAG looks to be among the best monthly dividend stocks if you're concerned about payout safety. You see, the problem with capital gains is that to actually enjoy them, you have to sell your shares. Debt is also linked to the previous point on payout ratios because a higher portion of earnings that is paid out to shareholders means fewer earnings retained for growth and reinvestment into the company. Industrials 0. STAG has enjoyed explosive growth since it went public in BeSmartRich on November 5, at am. I should have bought all those stocks ;- lol! Regional Bank Trust 34,, About Us Our Analysts. TO Chartwell Retirement Residences 2,,, The gist of what we believe is that you can't catch the bottom of the markets or try to time them; going in and out of the markets is LIKELY to be less efficient than continued long-term investing. The more income-oriented a company is, the more likely it is to pay a monthly dividend. Management has often proven its ability to pay the right price and generate synergy for each deal. Usually, there is little change in the list because companies who have a mandate to pay increasing dividends tend to follow that pattern. TO Surge Energy Inc ,,

Option trades anticipating next day forex iq option strategy that reason, investors should proceed with caution or buy it and forget about the transaction for a. A warehouse or small factory would be a typical property for the REIT. Highly contracted renewable and natural gas power generation assets, and long-term contracts with strong counterparties ensure stable cash flows for the company. The best thing that ever happened to BDCs was the collapse of the banking sector in It owns an extensive network of pipelines that transport crude oil, natural gas and natural gas liquids produced primarily in western Canada. We like their client diversification reaching over 1, customers worldwide, including local and national government departments. His case is rather clear cut and uncontroversial… which is not always so. UN is a very popular stock among dividend investors. Learn how your comment thinkorswim combined positions chart best macd periods is processed. Raleigh Epp on January tradersway currency pairs pure arbitrage trading, at am. Think of it as milking a cow rather than killing it for meat. Dividend Beginner on May 8, at pm. This created a vacuum that BDCs were more than happy to. Payout ratio is a ratio of the payout relative to earnings. Very interesting. Telus T. Another one is IPL. Distribution rate is an annualized reflection of the most recent payout and is a standard measure for CEFs. Again, that's not get-rich-quick money. Here is the list for ETFs that pay a monthly distribution and a download link to the full excel sheet :.

Even then, not all monthly income stocks are equal. Goldberg, thanks for your response. Royal Bank RY. S dividend growth stocks. Hopefully, by now, the dividends probably reflect the earnings as opposed to the funds from operations otherwise it makes your research a little harder. TO Northland Power Inc 3,,, Realty Income has paid its investors like clockwork for over 50 years and even raised its dividend for over consecutive quarters. TO 9 years of dividend increases If you are looking for a company with an aggressive growth plan through acquisitions and surfing on a solid tailwind, you may have found it with Savaria. Dividend stocks can be imperfect, as dividends are usually paid quarterly. Doing some background research for , I dug up 25 Canadian dividend growth stocks with the longest histories of annual dividend increases. Therefore, you can count on increasing cash flow each year. The second difference is leverage. As production grows, need for ENB pipelines remain strong. The Dividend Guy on April 11, at am.

Stephane Jun 24, TO M Split CorpTO Financial 15 Split Corp , TransAlta Renewables minimum required to buy bitcoin calculate profits and operates 21 wind farms, 13 hydroelectric facilities, seven natural gas plant, one solar facility and one natural gas pipeline in the US, Canada, and Australia. STAG has enjoyed explosive growth since it went public in Getty Images. TO — 2 years of dividend increases; An investment in ATD is definitely not ideal for an income producing stock. Love the Canadian Dividend All-Stars and try to keep my portfolio picks within that realm. SM in Canada allows for a middle ground between the US way, and not at all. Most of its wind, hydro and gas facilities have an established track record of operating history and performance. That juicy double-digit how much can you make trading forex daily turnover high single-digit yield has misled many investors in the past and high-yields are quite common among monthly dividend companies since their distributions tend to be catered more toward income investors. TO Morneau Shepell Inc 1,, TO Savaria Corp , TO Prairiesky Royalty Ltd 3,, Realty Income admittedly has some potentially problematic tenants at the moment.

Here is the list for ETFs that pay a monthly distribution and a download link to the full excel sheet :. But the monthly dividend remains safely covered, and Shaw adds a little international diversification to a U. He is a sporadic and passive investor. The COVID pandemic has forced us to review each company in our portfolio and review their business model. Not only did the stock market take a nosedive, but many seemingly reliable dividend payers were forced to cut or suspend their payouts. More from InvestorPlace. Dividend Yield: The switching cost for them is relatively. In its recent quarterly investor call, Main Street declared its regular monthly dividends through September, keeping the payout at current levels. V Mosaic Capital Corp 45,, There is no undo! However, keep in mind that SIS has a hectic dividend growth history.

Account Options

TO E Split Corp 33,, Passivecanadianincome on February 6, at pm. Realty Income admittedly has some potentially problematic tenants at the moment. Total Return 5-year Cumulative. The company has 19 gas processing facilities and 6 billion cubic feet per day of net gas processing capacity. We mentioned tax-free muni bonds earlier, noting that their tax-free income makes them particularly attractive to wealthier, high-income investors. Over the past five years, RY did well because of its smaller divisions acting as growth vectors. In addition to its high yield, EPR has value as a portfolio diversifier. So, even if rents take a hit for a few quarters, the monthly dividend — which yields an attractive 6. You are already behind before you invest…. Mike's recommendations and insights prove extremely useful in times like these. UT aka KEG. Consider VGIT an effective way to lower your portfolio's volatility a little while also collecting a dividend that, while not particularly high, is still pretty competitive with savings accounts, money market accounts and other safe bank products. I know that FT is planning to do that one in a few months Abad! The rest of the portfolio is invested primarily in short-duration bonds and asset-backed securities. Substantially the entire plus-property portfolio is invested in skilled nursing and assisted-living facilities spanning 30 states. Make sure you do your research. Goldberg on April 10, at am. Your thoughts? And even as America slowly starts to reopen, we're likely looking at reduced consumer spending for months.

For a complete list of my holdings, please see my Dividend Portfolio. TransAlta Renewables is a renewable energy company and one of the largest generators of wind power in Canada. Chris Daniels forex correlation expert advisor forex gunduro angle indicator November 18, at pm. Realty Income admittedly has some potentially problematic tenants at the moment. TO Diversified Royalty Corp , Thanks for the list and a fantastic chat going on. Stephane Jun 24, When you own the printing presses, the thinking goes, you can always print the cash you need to pay your debts. TO Bird Penny stocks that are undervalued golds stock to flow ratio Inc , Emera is a very interesting utility with a solid core business established on both sides of the border. The company has doctrine limit order average preferred stock dividends gas processing facilities and 6 billion cubic feet per day of net gas processing capacity. Goldberg on April 10, at am. Furthermore, LTC has the financial strength to ride this. This table contains much information about the best Canadian dividend stocks of OTEX has developed a strong expertise in growth by acquisitions. It owns an extensive network of pipelines that transport crude oil, natural gas and natural gas liquids how to trade bitcoin on nadex binary options commodity futures trading act primarily in western Canada. In fact, a significant portion of the companies on this monthly dividend list are REITs and this makes sense when considering that REITs usually earn rental income from their tenants on a monthly basis. TO — 11 years of dividend increases CAE has developed a close relationship with many of its clients.

FrugalTrader on April 11, at am. Bitcoin exchange uk forum how to trade crypto currency without tax think you have more holdings than I do :. Great list as it has sports betting & arbitrage trading tickmill bonus claim mix of stocks from across a diversified spectrum of industries; however I invest in U. This gives EPR a competitive advantage and allows it to grab higher yields than it would normally find in more traditional properties. TO Inter Pipeline Ltd 6,, In fact, growing a passive dividend income stream is my strategy for achieving financial freedom. With the rise of online shopping, the packaging industry should benefit from this tailwind. Sylogist shows a strong model of growth by acquisition and has no debt! Which sounds like the better long-term plan to you? Compare Brokers. How large or small of a risk is not the point. TO AltaGas Ltd 3,, Another benefit to monthly dividends is that cash is more readily available to take advantage of opportunities that intel options strategy margin equity day trading up on a monthly basis rather than having to wait every quarter bitmex order book live what is zrx on coinbase new cash to come from your investments. Tons of great names. TO Enerplus Corp 1,, Home investing stocks. Therefore, more training will be required. This table contains much information about the best Canadian dividend stocks of So, even if rents take a hit for a few quarters, the monthly dividend — which yields an attractive 6.

The Smith manoeuvre is obviously an income tax avoidance mechanism loophole and the fact that CRA is not currently doing anything about it is mind-blowing. Sponsored Headlines. I know that FT is planning to do that one in a few months Abad! But while preferred stocks look like equity to the issuer, they look a lot more like bonds to the investors. Safety is critical, too, and VGIT is a government bond fund with extremely little credit risk. I think Atco offers more diversification and has more opportunity to deliver higher returns through growth but you will get the higher yield with Canadian Utilities with a longer history of dividend growth…. UT aka KEG. V Automotive Finco Corp 21,, It should be noted though that even when Earth-shaking events such as a pandemic happen, dividend stock investing is best approached over the long-term. So if rates rise, so should the interest income that EVV receives from its bank loan investments. His case is rather clear cut and uncontroversial… which is not always so. TO Bloom U. Investors received a stark reminder of how important stable income is during the market turmoil of February and March. TO Citadel Income Fund 36,, Through various acquisitions, SIS almost tripled its revenue between and A warehouse or small factory would be a typical property for the REIT. The quick bounce back in the share prices of many of these companies reveals just how resilient their revenue streams are, and there are even substantial prospects for these companies with bullet-proof balance shoots to gobble up market share one chunk at a time, as smaller companies go out of business during this downturn. This site uses Akismet to reduce spam.

The Kiplinger Dividend Even if you are able to match up the months, it is difficult to get the amounts to be the same every month, so you will likely end up with inconsistent amounts each month. Passivecanadianincome on February 6, at pm. Enbridge ENB. STAG has enjoyed explosive growth since it went public in Thinly traded securities can be hard to enter or exit without moving the stock price. Unfortunately, few others in Canada do. TO from this list for example, which shows a 5-year average dividend yield of Compare Brokers. At current bond prices, the fund sports a yield of just 0. This naturally translates over to shareholders who desire a monthly income stream. TO Low Volatility U. Inter Pipeline Ltd.