RE:RE:RE:Fiddy Basis Point Interest Rate Hike Coming This WeekWell it didn't drop last ex-div date so I would not bet on it and by bet I mean trade around it. There are a few that sold $55 CAD and lower that are still on the outside looking in.
Trading at 52 week highs with full pipes and a rising demand that the SPR is having trouble suppressing. I will take my chances with steady eddy Enbridge here.
Go Enbridge! ;-)
FiddyFiddyOddzz wrote: And let's not forget the ex-div date is coming up in another few weeks.
Should we expect the usual beat down of a couple of dollars a share after the ex-div date ?
Quin wrote:"Not when ENB is yielding a full 1.25% plus over BNS. Even more over TD.
You and I both own BNS and safe as it is I believe in this current environment ENB is safer.
Unlike banks there is no risk of loan and mortgage defaults. There is certainly no risk of shutdowns.
The oil addicted markets need their fix and ENB is the market's syringe.
Speedy, safe, cost efficient delivery.
I wouldn't be surprised to see a bigger surge here than banks,
Go Enbridge! ;-)"