Big acquisition pays off

ENBRIDGE INC. $42.86 (Toronto symbol ENB; Shares outstanding: 1.6 billion; Market cap: $85.8 billion; TSINetwork Rating: Above Average; Dividend yield: 6.3%; www.enbridge.com) continues to sell some of its less-important assets to help pay down the debt it took on to buy Spectra Energy in February 2017. That… Read More

Dividend increase: Enbridge

ENBRIDGE INC. $42 (Toronto symbol ENB; Income-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 1.8 billion; Market cap: $75.6 billion; Dividend yield: 7.0%; Dividend Sustainability Rating: Highest; www.enbridge.com) continues to sell some of its less-important assets to help pay down the $22 billion of debt it assumed as… Read More