GREY:EBGUF - Post by User
Comment by
TickerTwiton May 23, 2018 2:43pm
136 Views
Post# 28071059
RE:Slow day on the board
RE:Slow day on the boardNo nausea here. I like the offer. I hold ENF and ENB in about a 2:1 cost ratio.
Yes, we'll lose a small part of the dividend (16.5%) but as ENB's new DCF picture becomes clear (it's going up), the payout ratio will fall. Dividend growth at 10% guidance should be very easy to meet.
Capital gains will give us back the 16.5% many, many times over. A share price increase of only about 1% per year covers the dividend loss, and I think we will do far better than 1% per year.
.
casperdog wrote: I guess everyone is out puking in the nearest ditch now that they have realized what is going to happen to our investments barring some unforeseen event.