2020 Outlook for Enbridge stock including Investor Day Highlights $ENB
Channel: Ostrich Investing
Date: 2020-01-03

Enbridge hosted their annual investor day in December 2019.  2020 is shaping up to be an interesting year for $ENB with Line 3 "expected" to come on line in the second half of 2020.  Add to that, the company has completed deleveraging (current debt/EBITDA of 4.6x is at the low end of its target 4.5x - 5.0x range).

After raising their dividend by 10% in December, the current dividend is $3.24 per share which represents a yield of over 6% based on the recent trading price.

This video provides highlights of the Enbridge Investor Day and presents key considerations for investors.
---
Follow Ostrich investing on Twitter @Ostrich_invest

Website: www.ostrichinvesting.com

Stock research and analysis.  Investing in stocks.
#investing #stocks #dividends 

Disclaimer:

The content presented is not financial advice and is for information purposes only.  It should not be used or construed as an offer to sell, a solicitation to buy, or an endorsement, recommendation, or sponsorship of any entity or security.

You bear responsibility for your own investment research and decisions.  You should conduct your own due diligence and it is strongly recommended that you consult with a qualified investment advisor prior to making any investment decision.

You acknowledge that Ostrich Investing may invest or otherwise hold interests in entities which may be referenced.