Debt holds back Enbridge

ENBRIDGE INC. $39.46 (Toronto symbol ENB; Shares outstanding: 1.6 billion; Market cap: $65.2 billion; TSINetwork Rating: Above Average; Dividend yield: 6.8%; www.enbridge.com) has dropped 21% since the start of the year.
In February 2017, the company completed its $37 billion acquisition of Spectra Energy in the U.S.
As… Read More

Enbridge purchase adds risk

ENBRIDGE INC. $50.67 (Toronto symbol ENB; Shares outstanding: 1.6 billion; Market cap: $83.8 billion; TSINetwork Rating: Above Average; Dividend yield: 5.3%; www.enbridge. com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S. It also distributes gas to… Read More

Dividend increase: Enbridge

ENBRIDGE INC. $49 (Toronto symbol ENB; Income-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 1.65 billion; Market cap: $80.9 billion; Dividend yield: 5.5%; Dividend Sustainability Rating: Highest; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S…. Read More

Payout could be unsustainable

ENBRIDGE INC. $49 (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 1.6 billion; Market cap: $78.4 billion; Price-to-sales ratio: 2.0; Dividend yield: 5.5%; TSINetwork Rating: Above Average; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern… Read More