If you are interested in a great stock that will provide steady returns for the life of the investment, consider Enbridge. Laurentian Bank Securities’ 2020 preferred stock picks returned 13.5 per cent so far this year, outperforming the TSX Composite and Small Cap indices by 7.1 per cent and 4.2 per cent, respectively. The all-time high Enbridge Inc stock closing price was 54.37 on April 27, 2015. By way of comparison, the overall market is approaching a breakeven point for 2020, while Enbridge is still down over 20% year to date. Whole states are at risk of closure, November payroll growth was anemic and solvency risk is bubbling back up. Red-Hot Stock Rally Powered by Companies With Shaky Finances. Since its February 20, 2020, peak, ENB remains down 26.56% (in USD). ... the last time Salesforce stock traded this low was on Aug. 25. The Enbridge Inc 52-week high stock price is 43.15, which is 29.4% above the current share price. "Enbridge is an energy generation, distribution, and transportation company in the U.S. and Canada. Enbridge stock has likely been pulled downward due to the energy bear market, but one look at its fundamentals shows you that the pessimism is unwarranted. Enbridge offers a unique value proposition that brings together a combination of transparent growth, a reliable, low-risk business model and significant dividend income. This is simply a great stock being overshadowed by industry troubles … Let's see what makes Enbridge stock an attractive investment option at the moment. Why Enbridge Is The Best Dividend Option For Pipeline Investors Nov. 3, 2020 at 6:47 a.m. The Enbridge Inc stock price gained 1.08% on the last trading day (Tuesday, 15th Dec 2020), rising from $33.35 to $33.71.During the day the stock fluctuated 1.73% from a day low … The average Enbridge Inc stock price for the last … This is why attention to a portfolio is so important. For example, in 2014, when oil prices cratered by 50%, Enbridge’s profits rose. (Updated on December 15, 2020) Buy or Hold candidate since 2020-12-02 Gain 4.79% PDF . ET on Baystreet.ca Why Enbridge Is One Of My Top Dividend Picks Today Why is Enbridge down so Stronger technical forecast for Enbridge Inc stock price after Tuesday trading. Enbridge is trading 37% below its historical fair value and even modest 4% to 7% long-term cash flow growth (management guidance is 5% to 7%) could deliver 15% to 20%. The Enbridge Inc 52-week low stock price is 22.57, which is 32.3% below the current share price. That brings up Kinder Morgan, which increased its dividend 5% in 2020. In fact, the Canadian midstream giant says that its leverage is now within management's targeted 4.5 to 5 times range. Crude oil futures prices CL00, -0.23% fell 2.9% to a 13-month low on Monday, while natural gas futures NG00, -0.97% declined 1.3% toward the lowest close since March 2016. Note: Enbridge's dividend is paid in Canadian dollars, so the U.S. dollar value of the dividend fluctuates with exchange rates. Let’s say Enbridge can maintain (not increase) its dividends for the next 10 years. The pandemic forced global shutdowns of businesses and airlines at an unprecedented level. Pattie Lovett-Reid: Low rates hit seniors and savers the hardest CERB recipients should be prepared to pay income tax on payments, experts say Pattie Lovett-Reid: 3 tips to consider when you’re feeling financially stuck One of the reasons why Enbridge’s yield is so high is because the stock has yet to recover fully from March lows. While the broad market has recovered much of its losses, Enbridge (NYSE:ENB) remains in the doldrums. Why is Enbridge’s stock price so low? We credit this unique value proposition for delivering excellent returns to shareholders year after year, and we plan to stick … The coronavirus is raging again. Stock and Dividend Information. 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