Enbridge (ENB.TO)

Accelerated this year, and has broken out to new highs. Benefits from falling interest rates. 

He looks at capex programs going forward and how much they're investing in infrastructure. More infrastructure means more cashflow and, hopefully, more dividend increases.

Particularly well positioned to meet growing demand for energy needed for AI, data centres, and LNG. Industrial demand is also growing. $27B capital program planned, spending $8-9B a year. Increasing infrastructure, which increases cashflow. Yield is 6.1%, expects consistent dividend increases.

Will continue to do well, interest rates coming down will help a lot. Will continue to pursue deals in the US. Great dividend and business. Trump coming in reinforces the oil & gas business.

Dividend payers can be more interest-rate sensitive. Believes it's in his income strategy. Good chart, moving up. Broken out from old highs of 2022, and might deserve a pause. Even so, probably looking at higher highs and higher lows.

Excellent asset base - very had to replicate. Consistent dividend increases. Cheap valuation given cash flow abilities. Company will perform well regardless of economy. Has a long history of quality dividends. Portfolio of growth projects for the next 5 years. 

A Canadian dividend giant that rated higher. This used to languish around $35 and is now testing $60. It's re-rated. Happy to own this.

Good and stable dividend, and the growth looks as though it can reaccelerate. Balance sheet in pretty good shape. Opportunity for repricing some tolls, which could act as an inflation hedge. 

They guide 4-6% EPS growth from 2023-26, and 3% distributed cash flow, then 5% growth rate across the board after 2026. It's modest growth near-term, but they benefit from falling rates. Their PE is above 19x.  Natural gas pipelines offer more growth.

Probably won't go too far astray with this one. Now more competition with TMX coming onstream, so capacity may not be as full. Limited cyclicality. Sleep well at night. Muted dividend growth aspirations of 2-5% range. Yield is ~6%.

His preference is TRP.

It broke out from its bottom formation, arcing up nicely, and meeting resistance. It pays a healthy dividend so he may sell it in the equity platform but may hold it in the income platform.

Likes it. Expects it to keep pulling back a little after a strong run this year. They report in early November and he expects a good report. It's a great dividend. Their extensive pipelines carry nat gas and oil. Wait for till $53-54 to enter, though you could buy it here and let it run. Warning: this stock will move with interest rates and long bonds.

The rate-sensitives sold off hard with rising rates, creating a temporary opportunity. Get paid a huge dividend to wait. Yield still around 6.5-7%. Still likes it today. Great, stable business for those looking for income.

Get some yield and potential upside appreciation. Acts more like a utility now. This name is fine.

Big fan. Now less of a pipeline, and more of a midstream and regulated utility. Unlikely to build out large-scale, risky capex projects as before. Makes sense here. As rates get cut, more demand for yield and defensive. Relatively good value compared to some of the regulated utilities.