enbridge

Enbridge Inc. is a multinational pipeline and energy company headquartered in Calgary, Alberta, Canada. Enbridge owns and operates pipelines throughout Canada and the United States, transporting crude oil, natural gas, and natural gas liquids, and also generates renewable energy.

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BCE INC., $50.83, Toronto symbol BCE, is still a buy.

The company is Canada’s largest traditional telephone service provider. It has 2.02 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.47 million high-speed Internet users and 2.73 million TV subscribers (satellite and fibre-optic)....
BCE INC., $50.52, Toronto symbol BCE, is your #1 Income Buy for 2024.

The company is Canada’s largest traditional telephone service provider. It has 2.02 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces....

ENBRIDGE, $47.74, is a buy. The firm (Toronto symbol ENB; Shares outstanding: 2.1 billion; Market cap: $102.4 billion; TSINetwork Rating: Above Average; Dividend yield: 7.7%; www.enbridge.com) has agreed to sell its stakes in two joint ventures to its partner Pembina Pipeline.


Specifically, Pembina will acquire an additional 50.0% of the Alliance Pipeline, which pumps natural gas from B.C....
CANADIAN NATIONAL RAILWAY CO., $166.65, Toronto symbol CNR, remains a buy.

CN operates Canada’s largest railway. Its 30,250-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.

The company’s revenue in the fourth quarter of 2023 fell 1.6%, to $4.47 billion from $4.54 billion a year earlier....
Traditional telecommunications service providers, such as Telus and BCE, are trading at substantially lower valuations than other “infrastructure” type companies. This is not only true for Canadian companies, but also for U.S. and other similar companies in Europe.


Infrastructure-type companies such as telecommunications, pipeline, utility, and railroad companies delivered comparable financial results over the past 5 years—so this provides no explanation for the significant valuation differences....
PEMBINA PIPELINE, $46.00, is a buy. The company (Toronto symbol PPL; Shares outstanding: 549.4 million; Market cap: $25.1 billion; TSINetwork Rating: Average; Dividend yield: 5.8%; www.pembina.com) has now agreed to increase its stakes in two joint ventures it has with Enbridge Inc.


Pembina will acquire an additional 50.0% of the Alliance Pipeline, which pumps natural gas from B.C....
BANK OF NOVA SCOTIA, $63.32, Toronto symbol BNS, remains a buy.

Bank of Nova Scotia last raised your quarterly dividend with the July 2023 payment. Investors now receive $1.06 a share, up 2.9% from $1.03. The new annual rate of $4.24 yields a high 6.7%.

In the past few years, Bank of Nova Scotia has narrowed its international focus to four countries in Latin America—Mexico, Peru, Colombia and Chile....
BANK OF NOVA SCOTIA, $61.99, Toronto symbol BNS, remains a buy.

In the past few years, Bank of Nova Scotia has narrowed its international focus to four countries in Latin America—Mexico, Peru, Colombia and Chile. Those four markets—which the bank refers to as “the Pacific Alliance”—have favourable long-term demographics....
Enbridge, like all high-yielding utility stocks, has struggled in the past year as rising interest rates increase the appeal of competing bonds. Higher interest rates also make it more expensive for the company to make acquisitions and fund new growth projects.


However, Enbridge’s rate-regulated operations give it plenty of steady cash flow to service its debt....
ENBRIDGE INC., $47.47, Toronto symbol ENB, is a buy.

The company operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S. It also distributes gas to 3.8 million consumers in Ontario and Quebec.

With the March 2024, payment, Enbridge will raise your quarterly dividend by 3.1%....