11:56:22 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 851,951,607
Close 2015-03-03 C$ 57.92
Market Cap C$ 49,345,037,077
Recent Sedar Documents

Globe says Telus, others are good dividend payers

2015-03-04 09:02 ET - In the News

See In the News (C-T) Telus Corp (2)

The Globe and Mail reports in its Wednesday, March 4, edition that it is good to be a dividend investor these days. The Globe's John Heinzl writes in the Strategy Lab column that companies worldwide paid out a record $1.167-trillion (U.S.) to shareholders in 2014 -- up 10.5 per cent from 2013. Among Mr. Heinzl's model portfolio of Canadian dividend stocks, he is expecting Telus to announce a dividend increase in May. Mr. Heinzl says dividends are only one component of an investor's return. He says share price gains also matter. Based on the latest Strategy Lab performance update, from inception on Sept. 13, 2012, through the end of February, 2015, the model dividend portfolio produced a total return of 42 per cent. As good as last year was for the model dividend portfolio's cash flow growth, 2015 could be even better. Late in 2014, Enbridge hiked its dividend by a bigger-than-expected 33 per cent as part of a major restructuring. Then, in February, TransCanada raised its dividend by 8.3 per cent, making good on a pledge last fall to double its dividend growth rate. Bank of Montreal, Royal Bank of Canada, Fortis, Canadian Utilities and BCE all have announced dividend hikes in the past few months.

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