Enbridge Inc.
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....
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....
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 Canada and the U.S....
Political and environmental opposition to new oil pipelines has prompted TransCanada and Enbridge to acquire big U.S. pipeline firms. Using acquisitions to expand adds risk, but those new businesses own regulated assets with predictable cash flows.
Both TransCanada and Enbridge have pledged to use the extra cash flow from their new businesses to increase their dividends....
Both TransCanada and Enbridge have pledged to use the extra cash flow from their new businesses to increase their dividends....
ALGONQUIN POWER & UTILITIES $13.36 (Toronto symbol AQN; Shares outstanding: 273.3 million; Market cap: $5.2 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.4%; www.algonquinpower.com) will buy the St. Lawrence Gas Company for $70.0 million U.S.
The seller is ENBRIDGE INC....
The seller is ENBRIDGE INC....
PRECISION DRILLING CORP. $3.47 (Toronto symbol PD; Aggressive Growth Portfolio, Resource sector; Shares outstanding: 293.2 million; Market cap: $1.0 billion; Priceto- sales ratio: 0.9; Dividend suspended in March 2016; TSINetwork Rating: Extra Risk; www.precisiondrilling....
ENBRIDGE INC. $51 (Toronto symbol ENB; Income- Growth Dividend Payer Portfolio, Utilities sector; Shares o/s 1.6 billion; Market cap: $81.6 billion; Divd. yield: 4.8%; 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....
BCE INC. $59.41 (Toronto symbol BCE; Shares outstanding: 899.5 million; Market cap: $53.1 billion; TSINetwork Rating: Above Average; Dividend yield: 4.8%; www.bce. ca) is Canada’s largest telephone service provider, with 21.9 million customers in Ontario, Manitoba, Quebec and the Atlantic provinces....
TransCanada and Enbridge continue to work on several major expansion projects. However, each company has already secured long-term commitments from oil and gas producers. That customer support helps cut the risk for these projects. While the new operations should spur dividend growth for both companies, we still prefer TransCanada for new buying.
TRANSCANADA CORP....
TRANSCANADA CORP....
ENBRIDGE INC. $52.00 (Toronto symbol ENB; Shares outstanding: 1.6 billion; Market cap: $85.2 billion; TSINetwork Rating: Above Average; Dividend yield: 4.7%; www.enbridge. com) completed its all-stock purchase of Spectra Energy in February 2017. That firm operates crude oil and natural gas pipelines in the U.S....