E Split Corp T.ENS

Alternate Symbol(s): ENSPF | T.ENS.PR.A

The objective of the Class A shares is to provide holders with non-cumulative monthly cash distributions and the opportunity for capital appreciation through exposure to the portfolio. And The investment objectives for the preferred shares is to provide holders with fixed cumulative preferential quarterly cash distributions and return the original issue price of 10.00 Dollars to holders upon maturity. The Company has a portfolio comprised primarily of common shares of Enbridge Inc. Enbridge, a North American oil and gas pipeline, gas processing and natural gas distribution company the Enbridge Common Shares or the Portfolio and intends to purchase Enbridge Common Shares from time to time in the market or through participation in future public offerings by Enbridge. The Advisor believes that the Company offers investors an opportunity to gain exposure to Enbridge, one of the worlds largest energy infrastructure companies.

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E Split Corp > The dividend effect of Enbridge on ENS .....? .....

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Post by bbzzzzon May 04, 2022 1:33pm

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Post# 34655607

The dividend effect of Enbridge on ENS .....? .....

As investors bid up ENB as the dividend ex date approachs ( the second week in May ) can we expect ENS still to be at a discount and absorb the drop if any once the ex date is surpassed ?

I see us still trading at a discount to nav once the effect of the ENB dividend is absorbed .
Can the dividend even be increased by ENS ?

I am writing this mainly to wake up this once active Bullboard . Has everyone sold ?

tedz

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