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Gold/Mining/Energy : Canadian stocks that pay DIVIDENDS!!!!

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To: kingfisher who wrote (19)8/15/1997 1:36:00 PM
From: Marcman   of 129
 
ENERPLUS FUNDS

I'm in agreement with those who've said this thread is a good idea. Here's why!

My wife and I have separate RRSPs. We have separate (and very different) investment philosophies. I take risks and trade actively. She wants to build her RRSP in a more sedate manner.

So that means some good Canadian dividend payers are a must for her. Preferably ones with Dividend Re-investment Plans (DRIPs) to allow that miracle of compounding to take place.

Now in my recent search for just such a company I came across the Enerplus Resource Fund. (Toronto - ERF.G) and the Enerplus group of funds which includes the Enermark Fund (EIF.UN -- also DRIPable) and the Westrock Energy Funds (which don't have DRiPs).

For this year these oil and natural gas trusts are estimated to yield: ERF.G -- 12.2% and EIF.UN --- 14.6%.

The company's home page is at: enerplus.com

My wife hasn't put any $$$ into these yet, but is seriously considering it. Anybody out there have any comments or experiences with these??

Good luck to us all,

Marcman

These are oil plays
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