Enbridge Inc T.ENB.PR.Y

Value investing

[WindsorGuy]

My largest holding is Enbridge. Recently raised dividend and takes toll on oil, nat gas and propane volumes. Also is a retailer of gas in Ontario and renewable power in Europe. An all in one utility. GLTA

[NPCexe]

Nibbling away at a few more ENB shares before ex div. This thing is gonna run to 60 by eoy

[ckwong]

I like your strategy NPCexe. ENB may not immune from the market down cycle but you average out and the dividend high, I had to decide between ENF and ENB and selected ENF because of the yield was 7+% and ENB was 3%. ENB absorbed ENF. Now ENB is 6+% and grows steadily. It will be doing fine though the coming economic cycles. To build on WindsorGuy's comment, ENB is not just an oil industry

[NPCexe]

That's why history matters...it has never cut its dividend unlike SU, which is why I am weary to have my money in oil stocks... my plan was to make a bunch of money and throw it in ENB, and I'm gonna stick to that plan once SU pays off. ENB is just steady easy money

[ckwong]

Track record of dividend is important but I also emphasis on the fiscal retrain and discipline of the BOD. I was very unheappy about their 3% dividend increase in two years but I can understand they are building a war chest. Look at SU or IMO, how many of them pursuit new business sector. Yes, they have their mandate but I want to put my money on those planning for the future. With the EV becomes

[WindsorGuy]

Bought more today on the dip.GLTA