Click on image above to view larger graph We have a consistent track record of delivering annual dividend increases, and our continuing goal is to deliver superior shareholder returns through capital appreciation and dividends. Earnings reports or recent company news can cause the stock price to drop. That means an additional $268 annual deduction from your paycheck. It has zero exposure to the oil market, yet cash flow keeps flowing. Money managers are taking a bullish view. Cannabis 2.0: Is Cannabis Set to Comeback in 2021? Simply click the link below to grab your free copy and discover all 5 of these stocks now. Get the latest Enbridge earnings report, revenues as well as upcoming ENB earnings dates, historical financial reports, news, analysis & more. BlackRock defies stock chaos with small-cap value ETF launch. Enbridge Inc. (TSX:ENB)(NYSE:ENB) and another stock that can allow TFSA investors who hate Canada Revenue Agency taxes to safely raise the yield bar. 3 of the Best Dividend Stocks to Make Fast Money, Be Prepared: Your Employer Will Deduct Another $268 in CPP Contribution in 2021, Got $6,000? The Motley Fool owns shares of and recommends Enbridge. Come hell or high water, Enbridge (TSX:ENB)(NYSE:ENB) is the perennial choice of dividend-focused investors. At its current price of less than $45 per share, it should attract bargain hunters. Christopher Liew, CFA | August 24, 2020 | More on: ENB ENB. This is your chance to get in early on what could prove to be very special investment advice. Enbridge Inc stock and Oil & Gas Midstream market discussion, news, and analysis from Canada's largest community of active investors. The growth runway is visible given the projects under development that will expand Enbridge’s pipeline network in North America. Enbridge Income Fund Holdings Inc. has been acquired by Enbridge Inc. For additional information on the transaction, please review the following quick links. We've set policy ranges, as you can see here, that ensure strength and flexibility, plus a little margin … There was a pullback of oil and natural gas companies in the first half of 2020 due to depressed oil prices. Here’s what you need to do. A stock valuation and forecasting report include rating, fair value assessment, return forecasts, market ratio-based valuations and comparable analysis. Enbridge, for example, had take-or-pay contracts or similar structures in place underpinning 98% of its cash flow. 3 Reasons the Apple Watch is the Stock’s Real Q4 Darkhorse. Die-hard inflation believers get an ETF for 'enhanced exposure' World's biggest ETF is losing cash faster than any of its peers. Headquartered in Calgary, Alberta, Enbridge is a leading energy infrastructure company. More », Here are three top stocks that should deliver nice returns going into 2021. Friday, December 18, 2020 at 4:00:00 p.m. Eastern Standard Time, Market Crash: This Expert Thinks You Should Take Cover Now, Dividend Stability: 2 Reliable TSX Stocks. This year, the increase is 11%, with Enbridge also projecting a 5% cash flow growth. Moreover, shares of Enbridge, which operates as an energy infrastructure company in Canada and the US, have an RSI of 28.86. View the latest Southern Co. (SO) stock price, news, historical charts, analyst ratings and financial information from WSJ. Motley Fool Canada's market-beating team has just released a brand-new FREE report revealing 5 "dirt cheap" stocks that you can buy today for under $49 a share. Enbridge has been in the throes of turmoil in the last few years. Fool contributor Christopher Liew has no position in any of the stocks mentioned. Enbridge Inc. ENB is well poised for growth on the back of low-risk inventory of midstream growth projects. Their average twelve-month price target is C$51.63, predicting that the stock has a possible upside of 20.68%. Market Crash: This Expert Thinks You Should Take Cover Now, Dividend Stability: 2 Reliable TSX Stocks. More » 1 2 3 … 276 Next » Enbridge Inc. (TSX, NYSE: ENB) Calgary-based Enbridge operates the world’s longest crude oil and liquids transportation system. Ford replaced CEO Mark Fields with Jim Hackett in May 2017 after a dismal stock performance. MINNEAPOLIS — Enbridge Energy began construction on its Line 3 crude oil pipeline replacement in Minnesota on Tuesday, a day after state regulators approved the final permit for the $2.6 billion project amid legal challenges from local activist and Indigenous groups.Spokeswoman Juli Kellner said Enbridge began construction in several locations around the state in the morning. Speaking of whether to buy or sell the Enbridge stock... Just Released! At its current price of less than $45 per share, it should attract bargain hunters. Fool contributor Adam Othman has no position in any of the stocks mentioned. Money managers are taking a bullish view. Is Inter Pipeline worth watching? May 18, 2018. This is debateable. However, levered balance sheet continues to be a concern. Work to increase capacity of two other Canadian export pipelines, the government-owned Trans Mountain and Enbridge's Line 3, is proceeding with fewer remaining hurdles than KXL. Over the long term, the energy should deliver steady income and generous returns to loyal investors. Income investors must first assess the dividend performance of a prospect before investing. Here's how. Enbridge Inc. ENB stock appears to be a solid bet now, based on strong fundamentals and compelling business prospects. More », Given the deep discounts on their stock prices, these three undervalued TSX stocks could deliver high returns in 2021. When COVID-19 hit, the company was in a strong position to face the storm. In 2020, investors are losing confidence in companies that lack financial strength and flexibility, but Enbridge is not falling out of favour. 5 Stocks Under $49 (FREE REPORT). Enbridge remains the hands-down choice of people seeking a growing income stream. Our team thinks these 5 stocks are critically undervalued, but more importantly, could potentially make Canadian investors who act quickly a fortune. Then save and invest using this strategy. Enbridge Income Fund Holdings Inc. Clearly, the … Don't miss out! Tilray and Aphria Merger: A Hot New Pot Stock Opportunity? By continuing to use our service, you agree to our use of cookies. Both are considerably below the company’s five-year average of 19.44 and 2.33 respectively. The Motley Fool’s purpose is to help the world invest, better. Enbridge’s leverage ratio is expected to drop below this level in 2021. Despite weaker volumes, cash from operations grew 11.88% to $5.2 billion versus the same period in 2019. Notwithstanding the energy industry’s downturn, there’s no issue with dividend sustainability. They will impact your salary, your taxes, and your CPP payout. Tesla Stock Collapse Reverses After Major Shanghai Milestone. More », The market still offers TFSA investors some attractive picks heading into 2021. Furthermore, the individual projects are supported by long-term take-or-pay contracts, cost-of-service frameworks, or similar low-risk commercial arrangements. Cannabis 2.0: Is Cannabis Set to Comeback in 2021? A stock valuation and forecasting report include rating, fair value assessment, return forecasts, market ratio-based valuations and comparable analysis. It shows this top-notch midstream player is holding up well in the highly volatile environment. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. The fresh infusion increased Enbridge’s liquidity to $14 billion and gave the company sufficient funds to meet growth capital needs this year. Enbridge (TSX:ENB)(NYSE:ENB) is a slightly different beast. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Cookies are used to offer you a better browsing experience and to analyze our traffic. The energy stock is down 11.86%, although the yield is a high 7.5%. Buy These 3 Beaten-Down TSX Stocks for Big Gains in 2021. Over the last three years, management has been focusing on building a more resilient business. For Enbridge, the average dividend-growth rate per year over the past 10 years has been 16%. Work to increase capacity of two other Canadian export pipelines, the government-owned Trans Mountain and Enbridge's Line 3, is proceeding with fewer remaining hurdles than KXL. Available for free with registration. Is it wise to take a position in the energy stock today or not, because it might be a dividend trap? More », If you're looking for a good COVID-19 recovery stock, consider Suncor Energy Inc (TSX:SU)(NYSE:SU). Energy infrastructure giant Enbridge (NYSE:ENB) is coming off a down year, with its shares dipping 7% even though the market was red-hot. © 2020 The Motley Fool Canada, ULC. Big Changes for CPP in 2021: How Much Payout Will You Get? It has increased the dividend annually for 24 straight years. Current as of December 19, 2020. It is a trending stock that is worth watching. These projects should spawn highly transparent growth over the near- to the medium-term horizon. To further reinforce financial strength and flexibility in the wake of the pandemic, the company obtained $6.9 billion in funding support at attractive rates. All rights reserved. Stockhouse.com use cookies on this site. Here's how. September 11, 2020. September 16, 2020. As of June 30, 2020, the inventory of secured projects is approximately $11 billion at various stages of execution. More », The $6,000 TFSA contribution limit for 2021 is a fresh opportunity for users to bump up their savings. If you can max out your... More », Want to grow your home-buying funds faster? As of writing, Enbridge is currently trading at only 14.5 times forward earnings and 1.35 times book value. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. Get instant access to a free live streaming chart of the Enbridge Inc Stock. Fortis stock’s dividends are reliable, predictable, and tax-free in your TFSA — perfect for TFSA investors. Current as of December 19, 2020. More ». The energy stock is down 11.86%, although the yield is a high 7.5%. WINNIPEG, Manitoba, Nov 18 (Reuters) - TC Energy Corp (TRP) says it is continuing to advance its Keystone XL (KXL) oil pipeline, the $9 billion project that would move oil from the province of Alberta to Nebraska.. Retired? However, the erratic oil industry and COVID-19 are formidable forces that could unsettle North America’s pipeline giant in 2020. All rights reserved. Returns since inception, October 2013. 37 stock analysts on Stockchase covered Inter Pipeline In the last year. TFSA Passive Income: How to Earn an Extra $377.50 Tax-Free Every Month! Enbridge common shares have a Compound Annual Growth Rate (CAGR) of more than 11% over a 25-year period. Passive Income: 3 Stocks That Have Raised Dividends for Over 25 Years, 3 Undervalued TSX Stocks That Can Deliver Superior Returns in 2021, TFSA Investors: 2 Stocks I’d Buy Now With an Extra $10,000. "Enbridge is an energy generation, distribution, and transportation company in the U.S. and Canada. Enbridge has always been a disciplined steward of investor capital and looking forward, the same will be true and this team and our board are entirely aligned with that. The company also owns and operates a regulated natural gas utility and Canada's largest natural gas distribution company. The Motley Fool owns shares of and recommends Enbridge. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. With a diversified business mix and an equity self-funding model, Enbridge successfully executed $30 billion worth of capital projects. Help the world invest, better $ 49 ( free report ) 12 months its peers the is... S purpose is to help the world invest, better, Enbridge is trading. More importantly, could potentially make Canadian investors are losing confidence in companies that lack financial strength and,. 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