E Split Corp ENSPF

Primary Symbol: T.ENS Alternate Symbol(s): 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.

TSX:ENS - Post by User

E Split Corp > Got my interest

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Post by ANALOG GUYon May 17, 2024 7:57pm

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Post# 36046725

Got my interest

Stumbled on this stock today

Never heard of a split fund with only 1 holding but I guess ENB is as good as any

I hold a fair bit in Preferred split shares but no Class A shares

Started paying .13/mo in July 2019 and has never missed a dividend?

Share price fell with ENB starting last June

ENB has recovered from $42 but ENS is lagging by quite a bit

Yielding 13.2%

Hummm, I might need some next week

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