Prediction: Buying Enbridge Today Will Set You Up for Life
If you are trying to set up a portfolio that will provide you with a lifetime of income, you'll want to take a close look at Enbridge (NYSE: ENB). Not only does this giant North American midstream company offer a compelling 6.1% dividend yield, but it is making moves today to ensure that it can continue to grow, even as the world shifts toward cleaner energy sources.Here's why I'm predicting good things for Enbridge and its shareholders in the decades ahead.Enbridge gets lumped in with the midstream sector, which is completely reasonable. Roughly 75% of its earnings before interest, taxes, depreciation, and amortization (EBITDA) comes from energy infrastructure assets like pipelines. These are the vital arteries that move carbon fuels, and the things into which they get turned, around the world.Continue reading
If you are trying to set up a portfolio that will provide you with a lifetime of income, you'll want to take a close look at Enbridge (NYSE: ENB). Not only does this giant North American midstream company offer a compelling 6.1% dividend yield, but it is making moves today to ensure that it can continue to grow, even as the world shifts toward cleaner energy sources.
Here's why I'm predicting good things for Enbridge and its shareholders in the decades ahead.
Enbridge gets lumped in with the midstream sector, which is completely reasonable. Roughly 75% of its earnings before interest, taxes, depreciation, and amortization (EBITDA) comes from energy infrastructure assets like pipelines. These are the vital arteries that move carbon fuels, and the things into which they get turned, around the world.
