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Enbridge Inc T.ENB

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

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

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Post by ecolo101on Feb 08, 2024 9:01am
535 Views
Post# 35869440

Loosing more than the value of the dividend

Loosing more than the value of the dividendAhead of the ex dividend date we lost way more than its face value, this is just supported by the global market current trend on certain blue chips.  it would be nice that some of the cash money on the sideline would see some benefit in Enbridge new US acquisitions which will stabilize revenue over time. The next two-three year cycle could be very positive for bag holders at a 7% dividend.
as they say time will tell.
glta
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