Enbridge Inc T.ENB.PR.Y

Primary Symbol: 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.PF.K | T.ENB.PR.G | T.ENB.PR.I | T.ENB.PR.Z

Energy Oil & Gas Midstream

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

Enbridge Inc > Some thoughts

<< Previous

Bullboard Posts

Next >>

Comment by Jtpatrol1on Dec 04, 2021 1:13pm

556 Views

Post# 34198525

RE:RE:RE:RE:Some thoughts

Defiance2050 wrote:

SargeX wrote: Hey Def

Another great question on the lower yielders. Coincidentally, I had just been giving some thought to possible future alternatives for our extra dividend cash. I have decided that our 17 stocks now have a big enough book value that I don;t want to add any more to them. I had actually been making a list that had CNR, BAM, and WCN on it for individual stocks and had also been considering just putting it into VDY (which the grandkids have but we don't)

When I first retired in 2013, I was actually unsure if we would be able to generate enough dividend income to live off. Due mostly to our fantastic timing on becoming dividend income/growth investors (the great interest rate tantrum and ohter boomers mvoing into dividend stocks), that is definitely no longer an issue as we generate more than 2.5x what we need.

Take care
Sarge

Defiance2050 wrote: Some good thoughts that people have added. As someone who is significantly younger (will hopefully become more conservative + passive overtime) it is helpful seeing others opinions

I understand the defensive nature and dividend focus but what about those that have lower dividends, use NCIB and invest or acquire more CP, CNR, ATD-B, Dollarama, BAM-A, WCN.

Thanks Sarge glad you were able to do well. You seem to be disciplined to your investment strategy. Hope things stay good and that everyone makes money.