16:11:38 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 856,712,928
Close 2015-07-10 C$ 57.69
Market Cap C$ 49,423,768,816
Recent Sedar Documents

Globe says Leon, Frazer has done well by Enbridge

2015-07-13 06:58 ET - In the News

The Globe and Mail reports in its Monday, July 13, edition that investors can best cope with market turmoil by ignoring daily twists and turns, and holding on to high-quality dividend-paying stocks, says Leon, Frazer & Associates president Dona Eull-Schultz. The Globe's Jeffrey Jones writes that Ms. Eull-Shultz says despite the Greek economic crisis and other troubles in the world, increasing payouts among established operators of necessary infrastructure and services remain relatively predictable. They include utilities, pipelines, railways and Canada's banks. Ms. Eull-Schultz likes to remind nervous investors about the energy, phone and other services they use each day regardless of market gyrations, as well as the overall goal of funding retirement. At the heart of the firm's philosophy is increasing clients' income to stay above inflation through investments in companies with staying power. One of Leon, Frazer's longest-held positions is in Enbridge. The firm bought into the initial public offering of the predecessor, Interprovincial Pipe Line, in 1953. "We make very long commitments to our holdings, and [Enbridge is] a great example," says Ms. Eull-Schultz.

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