RE:Dump ENB For BNS ?Hey Fiddy
I see you're still working up a storm with your worrying. Good to see that some things never change.
As I've always said, my wife & I are incredibly comfortable being 100% invested in 16 TSX dividend income/growth stocks with a similar book value fo each. We are income investors so total returns don't really matter but I can't help but notice that the 16 stocks help smooth things out. In fact, as of today's close, we are up 1.93% YTD. Obviously not too bad given this year's markets.
A while back, I built a spreadsheet for the 52 week high from June 16, 2021 to June 15, 2022 for our stocks. The sheet gets updated automatically with the current price at the end of each day (see below). The sheet is strictly stock price only and doesn't account for dividends.
It's quite an interesting sheet especially when you compare ENB to many of the other holdings. It sure has held up well and has a bonus of being the 2nd highest yielder, only behind NWH.
I still think that the midstreamers are going to do really well in the next year or two. If it was me, I definitely wouldn't swap BNS for ENB. I'd hold them both (of course, I'd just hold all 16 and am going to) :-)
Ciao
Sarge
| Check current vs 52 wk high from 21.06.16-22.06.15 |
| Stock | | 52wk High | | Current | | diff% |
| AQN | | 20.19 | | 18.42 | | -8.77 |
| BCE | | 74.09 | | 65.15 | | -12.07 |
| BMO | | 154.47 | | 131.15 | | -15.10 |
| BNS | | 95.00 | | 76.54 | | -19.43 |
| CPX | | 46.51 | | 50.69 | | 8.99 |
| DIR.UN | | 17.60 | | 12.08 | | -31.36 |
| EMA | | 65.23 | | 61.96 | | -5.01 |
| ENB | | 59.69 | | 56.64 | | -5.11 |
| FTS | | 65.26 | | 59.63 | | -8.63 |
| KEY | | 35.48 | | 32.50 | | -8.40 |
| NWH.UN | | 14.42 | | 12.94 | | -10.26 |
| PPL | | 53.58 | | 48.94 | | -8.66 |
| RY | | 149.60 | | 126.49 | | -15.45 |
| T | | 34.65 | | 30.10 | | -13.13 |
| TD | | 109.08 | | 85.79 | | -21.35 |
| TRP | | 74.44 | | 65.82 | | -11.58 |
FiddyFiddyOddzz wrote: BNS after dropping 5.25 % today, is now yielding 5.38 %, ENB is yileding 6.07 %, a mere 0.69 % better than BNS. Is it worth the risk staying in ENB just for that extra 0.69 % divvy ??
Remember, no one is protesting the banks, no one wants the banks shut down, and banks don't leak causing major environmental catastrophes. 0.69 % difference, is it worth it ?