Enbridge Inc T.ENB.PR.D

Dividend stocks coming back in a big way

[Zipolitemexico]

CIBC sees $160 billion piling back into Canadian dividend stocks

It’s a trend that promises to grow as short-term interest rates in the country continue to be scaled back

[NextTrendSearch]

This is very true. It won't be immediate, but as interest rates continue to drop and whatever form of investment people used comes due, a lot of the money will come over to strong divident stocks. With continued performance revealed by their financials, it could be a very nice fall for ENB investors. Plus, we should soon find out what the new dividend for 2025 will be, I am guessing the

[Albatross]

Getting paid to hold. Sell when the price is right. As far as stocks go that's about as easy money as it gets. 

[wannabebuffet]

The baby boomers are retiring and have a lot of money. A lot of their own cash and from huge inheritances. They will want income from secure businesses. ENB fits that bill. I view ENB as the equivelent of the 407 toll highway. The most expensive toll road in the world but essential to Toronto traffic. ENB has been good to me.

[Albatross]

Enbridge really isn't all that expensive... $54 cad for a near 7% dividend that grows yearly. Maybe people think it should be cheaper because it's transporting fossil fuels and that's apparently going away. Clearly I don't think that's happening, at least not as fast as some might think. Yes energy infrastructure is a basic necessity, even more so than a toll road, people

[Marty47]

It has a nice bump Friday , we hit 52 weeks high , as interest go down for sure 54$ is cheap , I bought a load at 38$ long time ago , I won't buy at 54$ but I will sell at 60$ ... will reinvest my profit or wait for a pull back or a market correction or some unfortunate event .