23:58:37 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 1,695,000,042
Close 2018-03-23 C$ 38.48
Market Cap C$ 65,223,601,616
Recent Sedar Documents

Globe says Emera, others offering decent yields

2018-03-26 08:40 ET - In the News

See In the News (C-EMA) Emera Inc

The Globe and Mail reports in its Saturday edition that dividend stocks outperformed the broader market last week, suggesting an important shift in investor sentiment from the downturns that defined market activity earlier this year. The Globe's David Berman writes that while dividend stocks were pummelled earlier this year amid concerns about higher inflation and rising bond yields, they are now showing signs of stabilizing as they appeal to investors worried about President Donald Trump's next move. Mr. Berman suggests that stocks with generous cash payouts are being recognized as hot opportunities. Choice Properties REIT, which will be Canada's largest REIT after it finalizes its takeover of Canadian REIT, yields 6.4 per cent after a 15.5-per-cent decline in its unit price since November. Halifax-based electricity generator Emera yields 5.5 per cent. The shares have fallen 17.3 per cent since November. Finally, Enbridge, whose share price has slumped 21 per cent in 2018, now yields a remarkable 7 per cent, up from a yield of about 3 per cent three years ago. High yields can reflect risks that dividend growth could falter, which is certainly a concern weighing on Enbridge and Choice Properties.

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