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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (134367)9/30/2022 2:41:05 PM
From: Goose94Read Replies (1) of 201971
 
Enbridge (ENB-T) top pick from Brianne Gardner on BNN.ca Market Call Friday Sept 30th @ 1200ET

Talk about a dividend king! After pulling back slightly from its highs –seven per cent over the past month, Enbridge now offers a dividend yield of more than 6.6 per cent! It has a dividend-growth streak of 26 consecutive years, and its business operations are incredibly important to the North American economy. Year-to-date the stock is up ~11 per cent and ranks 8/10 on both a value and fundamental score for us. The company carries roughly 30 per cent of all the crude oil produced in North America. The energy sector is the only positive sector YTD and Enbridge is participating as well. If you’re a dividend investor, this stock is still a buy at these levels to add yield and increase your energy exposure while picking up a quality company.

Most recent purchase December 29, 2021– Price bought = $48.81
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