Pages

Monday, November 23, 2020

ENB's December, 2020, Distribution

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

Note: I often misread things; see things that are not there. If this is important to you, go to the source.

Speaking of dividends: I completely missed this one. Link here.

The quarterly ENB dividend runs about 60 cents/share on a quarterly basis.

Note that the most recent declaration is for $1.233.

That extrapolates to an annual yield of:

  • $1.233*4 = $4.892
  • $4.892 / $30 = 16.3%.

Obviously that's not going to happen -- that this distribution will be maintained throughout 2021, but it is a nice Christmas present, I suppose.

The one-year target for this $30-stock is $41.

*********************************
Line 3

Speaking of Enbridge, this screenshot from November 23, 2020:

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.