Enbridge (ENB.TO)

He likes the pipelines. Valuations have plunged since 2015. No growth here, but trade at 12x earnings and pays a great dividend of 7.2%. They problems like their Michigan pipeline, but solved it. ENB is not tied to the commodity price in the oil they move. A great, safe play. Pembina is his #1 choice here and TC Energy is #3.

Steady eddy. If you own it, hold. Pretty compelling dividend yield, around 7.1%. Dividend growth has really slowed from its heady days. Dividend growth likely around 3-4%, compared to previous targets of 10-12%. Good place to hide out when clouds clear in macro environment. He owns TRP.

Yes. Likes it and its dividend yield. Pipelines often get caught up with the correction in the overall energy sector. Crude oil has pulled back. Cashflow supported by long-term contracts. A critical service, so look past short-term events.

Company directly related to oil.
If bullish on energy - good place to invest.
Conservative company with defensive characteristics. 
Strong dividend yield that is safe.

Best in class. ENB has more opportunities in the US than Canada. Pays good dividends.

Wonderful energy infrastructure. Very defensive, very attractive valuation at 10x cashflow. Makes a ton of sense going into a recession. Safe. Yield is 6.68%.

Good volumes, and their US Gulf export project looks good. They've finally digested the giant line 3 project. Boasts 23 years of dividend increases. The dividend pays 6.7%.

He likes the company. He sometimes does covered calls and maybe would consider that if it gets to $60.

Facing extreme increases in cost of building out. Over 90% contracted revenues, so dividend is fairly safe. Yield close to 7% is extremely attractive, company anticipates growing it 5-7% per year. Inherent value going up all the time, because of replacement value of current assets. Continues to recommend holding.

Pipelines have been pulling back along with the oil price. Has owned this for many years. Pays a safe, attractive 7% dividend. 98% of cash flows are contracted. Very defensive, defensive in energy. Operates the longest crude oil pipeline in the world.

Core holding. Growth outlook muddier due to potential competition from Trans Mountain. As a safe exposure to energy with a high dividend yield, keep holding. Won't get hurt too badly over time. Yield over 7%. 

Legacy assets with healthy dividend. 
Transports more than 25% of crude oil in North America.
28th consecutive annual dividend increase. 
60-70% payout ratio for the dividend.
Target price of $60.

The 6.71% dividend is stable and could even grow. He expects energy prices to rise. He recently added this. Likes their transition to renewables.

Great yield of 6.6%, trades at 18x earnings. Great business. Big issue is that growth has to come from the US, as infrastructure is really hard to get done in Canada. Great assets that will bear fruit over the next little while.

Strong company with excellent prospects.
Current energy pullback presenting good buying opportunity.
~6% dividend yield very attractive.
Expecting a dividend increase soon.
Legacy assets very valuable.
Demand for energy going to grow.