
TSE:ENB
Offers growth and 5.8% yield, but the debt-to-operating cash flow is 6x and other metrics are looking stretched. It's enjoyed a great move in the past year. Don't add to it, but hold it and look at telcos like BCE.
ENB vs. TC He owns ENB which he has picked before. Hold onto it for a long time and collect the dividend. It's worked through its capex issues. TC has a similar story with cash flow growth, a strong dividend yield and a multiple expansion to come. Infrastructure assets like this are hard to find. Both have stable yields. You can own either.