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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

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Post by Obscure1on May 28, 2024 8:34pm
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Post# 36061457

Answers

AnswersENS trades ex-divi on Thursday May 30th.  Investors holding ENS at the close of the market tomorrow get the divi.  

nortbrar:  The easiest way to be prepared for future Raises is to watch the Unit NAV  and the Unit Value (market price of the Common + Prefs).  My model tells me that when the Unit Value is discounted by a certain specific number equals the Unit NAV, Middlefiled will announce a Raise the next day.   

As a trader of ENS, which sometimes trades at low volumes, I will execute my trades before disclosing them.  However, I post my thoughts on a regular basis and post immediately after I exit or enter a position.  What anyone does with my posts is up to them.  My posts are never to be viewed as investment advice.  



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