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Yes, it is. She owns it for attractive yield of about 7.5%. Backlog of projects supports the dividend, company feels it can grow by 3-5% annually for the foreseeable future. Diversifying end market by purchasing nat gas utilities. Rising interest rates and equity issue have held stock back. Trans Mountain has not affected takeaway capacity. Volatility in the underlying commodity shouldn't affect pipelines that much, but it does impact sentiment.
Cost overruns of Coastal GasLink largely behind them. Interest sensitive. If rates start going down, should be a tailwind. Her preference is ENB.
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