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Strategies & Market Trends : Young and Older Folk Portfolio

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To: chowder who wrote (411)	11/5/2021 6:47:58 PM
From: chowder	Read Replies (1) of 21804

Re: Middle Age Portfolio ... Add On Buy. This portfolio currently has a portfolio yield of 3.9% and a dividend growth rate (last 5 years) of 5.7%. I would like to maintain the yield if possible while trying to increase the dividend growth number. With this in mind, today I add to the ENB position. ENB has a 6.23% yield and its dividend growth has come in at 12% (last 5 years) indicating very fast growth. With roots tracing back to a single Canadian pipeline in 1949, Enbridge is North America's largest midstream energy company. The firm's oil and gas pipelines, terminals, storage facilities, and processing plants help connect the continent's most vital energy producing regions and earn most of its profits. A smaller portion of Enbridge's business consists of regulated natural gas distribution utilities and renewable power generation assets. Being a Canadian company, I placed it in an Ira where it is exempt from foreign taxes.

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