GREY:EBGUF - Post by User
Comment by
TickerTwiton Jun 18, 2018 2:25pm
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Post# 28187342
RE:RE:RE:RE:RE:Quite The Drop In The Last 20 mins Friday
RE:RE:RE:RE:RE:Quite The Drop In The Last 20 mins FridayYou'll keep 83.5% of the ENF dividend after conversion. A capital gain in ENB of roughly 1% per year covers the lost 16.5%.
If you don't think ENB can manage 1% capital gain year-over-year, it should occur to you that the ENF dividend won't be doing well either because <1% implies no growth.
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Sadie222 wrote:
ENB doesn’t pay a huge dividend. Hosing the 80% public holders of ENF for a part of theirs doesn’t go very far, since it’s not coming out of their pocket to start with.