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.

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Enbridge Inc > Big thanks to Sarge and Leo for suggesting ENB under $39

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Comment by Quintessential1on Oct 26, 2022 11:22am

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Post# 35049803

RE:RE:RE:RE:Big thanks to Sarge and Leo for suggesting ENB under $39

OK I ride this guy a lot. Mostly because he slagged me off once for no reason and old grudges die hard.

I would honestly like to know if there is ant benefit in receiving your ENB divy in US funds?

I would think if you are going to keep them in US funds and use them traveling or buying US stocks it might be worthwhile.

If you are converting them back to CAD it seems to me you are just going to get charged a double fee for the currency conversion. Once by for brokerage because ENB pays in CAD and then by your bank to bring it back to CAD.

On the offf chance that you are using the US currency would it not be better to hold a stock that pays a US dividend? There are a handful and I own a couple. There is no brokerage converion fee.

I am correct in assuming that ENB held in US funds converts the divy from CAD to US with a fee right?

Go Enbridge! ;-)