|COMMENT||$33.690||UNKNOWN||DIVIDEND STOCKS AND MACRO STRATEGIES||Unknown|
Enbridge (ENB-T) or Enbridge Income Fund (ENF-T) for dividend income? Enbridge is the company that is building the pipeline and the energy services, etc. Once that is completed, it is largely sold to this fund. Pays about a 6.1% dividend yield. The stock is about 8%-10% off its high, and is a reasonable valuation. They are expecting about $9 billion of additional products in the next 3 years and dividend hikes of about 10% a year in the next 2-3 years.
Portfolio Manager & Wealth Advisor, TriDelta Financial