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Topic: Dividend Stocks

Enbridge Inc. $50

ENBRIDGE INC. $50 (www.enbridge.com) is paying $750 million for 24.9% of the 400-megawatt Rampion offshore wind project in the English Channel. To put that price in context, Enbridge earned $399 million, or $0.79 a share, in the third quarter of 2015. Construction on this wind farm began in September 2015, and it should start up in 2018. The project has agreed to sell its electricity at fixed prices for the first 15 years, which cuts the risk of this investment. Hold.

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