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Enbridge Inc T.ENB

Alternate Symbol(s):  ENB | T.ENB.PF.A | T.ENB.PF.C | T.ENB.PF.E | ENBOF | ENBFF | T.ENB.PF.G | EBBNF | T.ENB.PF.U | T.ENB.PF.V | EBGEF | T.ENB.PR.A | ENBGF | T.ENB.PR.B | EBRGF | T.ENB.PR.D | EBRZF | T.ENB.PR.F | T.ENB.PR.H | ENBHF | T.ENB.PR.J | ENBRF | T.ENB.PR.N | ENNPF | T.ENB.PR.P | ENBMF | T.ENB.PR.T | T.ENB.PR.V | EBBGF | ENBNF | T.ENB.PR.Y | T.ENB.PF.K | T.ENB.PR.G | T.ENB.PR.I | T.ENB.PR.Z

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and other liquid hydrocarbons. Gas Transmission and Midstream consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and the United States. Gas Distribution and Storage consists of its natural gas utility operations. Renewable Power Generation consists of investments in wind and solar assets, geothermal, waste heat recovery, and transmission assets. Energy Services provides physical commodity marketing, logistics services, and energy marketing services. The Company owns Aitken Creek Gas Storage facility and Aitken Creek North Gas Storage facility.


TSX:ENB - Post by User

Comment by ckwongon Oct 15, 2021 6:52pm
832 Views
Post# 34012432

RE:RE:RE:RE:Been a great investment

RE:RE:RE:RE:Been a great investmentI like Sarge's plan because a few years down, I don't think I would have the investment intelligent and energy to continue buy/sell.

Just add to Silko's comment, if you only have C$60K income from qualified Canadian dividend, you will pay very very little tax because of the dividend tax credit. You could find more from the E&Y web site here:

https://www.eytaxcalculators.com/en/2021-personal-tax-calculator.html

I have prepared the following chart a couple of month ago. The conclusion is that the yearly dividend increase will enhance your income handsomely.

ENB%2020211015.png

I use 20 years of investment as example, the green line say, your dividend yield is 30% of your investment cost. This is buy and hold without any trading. Of course, your buy low / sell high strategy works too but it will be more effort. 
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