Enbridge Inc T.ENB.PR.Y

Many own this

[sicnarf2]

For the 6% Yield and it lost five today !

[FiddyFiddyOddzz]

This post has been removed in accordance with Community Policy

[Quintessential1]

Yup five that it will gain back and 6% that it will pay year after year with yearly increases. Your GIC isn't going up year after year. When and if you want out this stock cycles up every year. The 52 week high on this is over $59. You can try to trade it if you want to but getting back in on a low isn't always easy to pull off. Some of us have excellent ACBs.  If you don't

[FiddyFiddyOddzz]

Basic math Son - if yer stock lost 5 %, but yer GIC, she be gaining four percent, your stock price needs to gain NINE percent in a year from today's level to catch up with the GIC.   Geez b'y, does I have to spell this out to ya ? Quin wrote:" Your GIC isn't going up year after year."

[Quintessential1]

And the 6% divy yield doesn't add in there anywhere? Your spelling is better than your math...always was. Selling here to buy a 4% GIC bad....buying here for an over  6.5% yield good.   Go Enbridge! ;-)

[FiddyFiddyOddzz]

On August 11th (the day before the ex dividend), ENB closed at 56.56.   Last Friday, ENB closed at 51.64.   Your 86 cent dividend cost you four dollars and ninety two cents in capital depreciation, yup, that’s 8.7 %.   How's my math ? Quin wrote:"And the 6% divy yield doesn't add in there anywhere? Your spelling is better than your math...always was

[Quintessential1]

How much was that GIC paying on August 11th? How much tax are you paying on that GIC compared to the dividend? The yearly dividend is $3.44 per share. Your math still stinks.  Are you a trader or an investor? As an investor I have lost nothing on ENB and have well over 6% in dividends and tax credits too! Over 2.5% more than your 4% GIC with annual increases and less tax paid.  How

[Red_Deer]

QUINN__FIDDY is NEITHER a TRADER or INVESTOR__Just The ORACLE of the ENB Board Sure has NO CLUE about Dividend Tax Credits__with regard to HOW MUCH BETTER gettin Dividends is VS Interest With FIDDY likely NOT Paying any Taxes__then this is NOT an ISSUE for him eh !!!!

[Alkayssi]

For the past 27 years, ENB dividend has been growing 10 percent a year. So if this continues then in 10 years, dividend will be doubled or in 5 years it will be increased 50 percent. If ENB 10 years from now lose 20 percent of its value, stock will be around 40 dollar. By then ENB stock holders woulr still made 40 percent profit and higher dividend by then for sure. No matter how you calculate it,

[UNKLAL]

I bought my shares at $48 n I'm real happy collecting 7% divy!!! It was always going to be a long term hold for me. UNKLAL

[bttmfischer]

Some of you are too young to recall that in the 1970s Canada Savings Bonds paid 23 percent interest!  That was a long way from 1 percent per annum, that was the going rate for a number of years just ashort while ago. Now, it is the time  for paying the cost of "free money" people, like it or not.

[Red_Deer]

Actually that 23 percent was the PRIME RATE charged by the Big Banks__and only lasted a few weeks in 1981 The Canada Savings Bonds for 1981 were set at 19.5 percent__locked in for 7 Years !!!! Those were Truly FREAKING SCARY TIMES__and We SURE DO NOT WANT a REPEAT eh !!!!

[bttmfischer]

I am afraid IT WAS 23 % and I had to pay taxes to Revenue Canada on it. I still have the tax return, to remind me, of how bad things can get.

[Red_Deer]

Hey FISHER__As I POSTED earlier__It was the PRIME RATE which the Big Banks charged in August, 1981 which WAS 23% for just a FEW WEEKS https://wowa.ca/banks/prime-rates-canada 1977 - 1991: Stagflation   After the upward change in 1955, the Bank of Canada rate continued to rise slowly throughout the 1960s and early 1970s. In October 1978, the benchmark rate hit double digits for the

[TickerTwit]

But not the past two years. Dividend growth for the past two years has been considerably less than 10%. The annual increase fell to 3% in both 2021 and 2022. Inflation-adjusted, the purchasing power of the dividend has SHRUNK over this time. Our family has been reducing our ENB position accordingly, now down to one-third of where we were six months ago, moving into companies where we expect

[Alkayssi]

You said it, fhe past two years. Meanwhile companies are cutting on dividend, ENB still managed to increase it. And if you check all the crises that happened before, Usually ENB boost their dividend right after any crises. I would say give it to year end of max mid next year and see the increase. I could be wrong but that what the stats show....  good luck all

[TickerTwit]

Could you give an example of when ENB increased its dividend "right after" a crisis? There are none since early 2016 (the year I first bought into ENB and ENF), so I recommend you start searching backward from 2015. .

[UNKLAL]

Oil n gas stocks are like a toilet seat they go up and down when sh*tting is required, EH!!! UNKLAL