Enbridge Inc T.ENB.PR.G

Lorne Steinberg - BNN comment - Don't Buy

[Possibleidiot01]

DON'T BUY

Enbridge(ENB-T)

01/02/2024

 

ENB vs. FTS vs. TRP for income in an RRSP.

Lots of debt, which company has indicated it's going to reduce, which means slower dividend growth over time. Yield is 7.6%.

FTS is less levered. For a pure income play compared to ENB, he'd choose this one.

His favourite play in the entire sector is TRP. Less levered than ENB. Healthy dividend yield, and more room for growth. More room for growth in general. 

oil / gas pipelines

 

N/A

Not owned

[corvette67]

Well,i don't expect ENB to do much but i am happy with the%7.6 with a tax credit as opposed to Fortis %4.3 I am adding at this level. Because it is x soon, you will get 5 divs in 13 months. GLTA

[luscar99]

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[luscar99]

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[Experienced]

luscar...I agree Preferred shares are by and large overlooked by most retail investors. In addition to your points, in markets where the outlook is for interest rate cuts, investors in preferreds not only gain from the dividend income but also from capital appreciation in the SP of the preferred (another tax advantaged investment) providing exceptional total returns at very low risk if one buys

[luscar99]

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[Red_Deer]

QUINT ?????

[Red_Deer]

Hey__WHAT Say QUINTT ???? """His favourite play in the entire sector is TRP. Less levered than ENB. Healthy dividend yield, and more room for growth. More room for growth in general."""