2 Dividend Raises

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12 Responses

  1. Congrats on dividend raises! I hope the management at ENB are right, because if they need to raise capital by issuing more debt and selling assets to cover the dividend growth then for me that’s a red flag. At some point they will run out of non-essential assets and won’t be able to issue more debt to cover the dividend. Crescent Point was in the same boat until they cut the dividend and their share price went from $40 to $10. They were too aggressive with dividend payouts. I hope ENB has a better plan.
    German Korb recently posted…Portfolio Value Update – November 2017My Profile

    • Hey income. You know what, that is exactly what i was thinking. Is this issuing of shares there to cover its dividend? Long term it shouldnt be a issue. I think as more power plants switch to natural gas it just will boost the demand for enbridge. The spectra merger also creates a bunch of overlapping entities that they dont need so the sales are a good idea. And paying off debt is a great idea. Hopefully they initiate some share buybacks as well though.

  2. Congrats on the raises. It sure does feel great seeing that income rise without having to do anything. I’m also a shareholder of Enbridge it was awesome seeing the dividend rise 10%. Take care πŸ™‚

  3. Congrats on the dividend increases! It is always nice to get a raise (in this case, two!). What better way to begin a new month then with dividend increases? πŸ™‚
    My Dividend Dynasty recently posted…November 2017 Dividend IncomeMy Profile

  4. Leo T. Ly says:

    I am definitely happy with the dividend raise. I also bought 200 shares before they announced the dividend raise. This stock has been taking a beating this year, so the management reiterating their commitment to sustain the dividend growth will hopefully give this stock a boost.

    Cheers to ENB. Tweet, tweet.
    Leo T. Ly recently posted…The #1 Financial Goals That You Should AchieveMy Profile

  5. PCI –

    Heck yah, two amazing news posts right there. Congratulations and the day off seems fun!!


  6. Hey PCI,

    dividend raises and free days – that’s definitely a great combination:-). Keep the snowball rolling…Wish i could take a few days off.


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