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Monday, April 30, 2012

For Investors Only: Enbridge Has a Strong Dividend, But Shares "Aren't Cheap" -- SeekingAlpha

Link here.
Enbridge's dividend yield is above average, offering a 2.9% annual payout at recent price levels - for inclusion in our Dividend Growth portfolio we prefer yields above 3%, but if we like the future growth potential of a company's payout, we may make exceptions.
This is not an investment site; this is not a recommendation to buy, hold, or sell. It is simply a story about the Bakken that caught my attention. Enbridge is one of my favorite companies on many levels. I have driven by their operations in the Williston area on numerous occasions and have always enjoyed watching what they were doing.

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