Enbridge Inc T.ENB

2022 Third Quarter Results on November 4

[Quintessential1]

Enbridge will announce its financial results before markets open on November 4, 2022.


https://stockhouse.com/news/press-releases/2022/10/06/enbridge-inc-to-host-webcast-to-discuss-2022-third-quarter-results-on-november-4

Yielding over 6 3/4%  ENB will run up to earnings and their dividend declaration.

Go Enbridge! ;-)

[FiddyFiddy]

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[Quintessential1]

Oh I don't know why not son. After all we can hardly blame ENB when the entire market drops now can we? At least they are paying that $.86 per share per quarter or $3.44 per share per year. Thats approaching  7%.  Beats your lousy 4% GIC all day son! Go Enbridge! ;-)

[FiddyFiddy]

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[Quintessential1]

It didn't cost me a cent.  No capital gain and no capital loss until you sell son, boy,  DF.  LOL The return is $3.44 per share per year with an eligable government tax credit. That beats a 4% GIC taxed at the full income rate all year no matter what part of the year you calculate the yield from. ENB is just a great investment.  I know it .  You know it (you're

[silkos]

Interesting you put it that way. While you are right, you are also wrong. Selling high and getting back in at a discount is not a bad thing, regardless of the tax consequences. But then again, whatever works for you is best.

[Quintessential1]

The tax treatment makes  a big difference. If it is a TFSA I doubt the total is very consequential either way given the limited contribution threshold. If it is an RRSP then you pay full rate when it all comes out anyway.  Any losses incurred in an RRSP (like a TFSA) are yours and yours alone and I personally would not hold equities there but whatever works for you. In a non

[silkos]

Makes sense. You should have started with "Trading is a job.  It is not my job."

[Quintessential1]

Ahhh...I burried the lead. I am an investor not a trader. Happy? ENB is an investment.  A good one  and yes, I am happy. Go Enbridge! ;-)

[bttmfischer]

And Silkos, you make a lot of sense on this board, unlike some, who are inflicted with the diarrhea of the mouth, and the constipation of the brains.

[Quintessential1]

Well if anyone knows about diarrhea it is the bttmbngr.   This stock may not prove to be as predictable as many think. ENB has confounded expectations before and I will remind you all that there is an NCIB in place. Go Enbridge! ;-)

[FiddyFiddy]

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[Quintessential1]

Yes an NCIB should raise the stock price...If and when you execute it.   All I am saying is don't be surprised if ENB decides to kick in the NCIB and you wallflowers get whipsawed on the share price while you're waiting for the perfect entry price and are left outside looking in...again. You don't think ENB knows when their share price drops to its lowest level historically

[FiddyFiddy]

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[Quintessential1]

So sell your stock in Russia. This is an ENB board Boyeeeee! LOL  Go Enbridge! ;-)

[silkos]

ENB better won't miss as they will be slaughtered in this market just as Fed will increase the rate.

[youknowwhat]

I do not believe ENB will reduce or cancel the divy BUT i would not be surprised to see them leave the divy at the current level. Hopwfully they are buying shares back at these prices.