Q: Reportedly ENB is having trouble with its line with a Native Indian band in US. Is all the Dividend subject to Div.Tax credit? Is this a good entry point or U prefer another stock?Buy in non-registered account,Tfsa or RIF? Txs for U usual great advice & views
5i Research Answer:
The full dividend gets the dividend tax credit. For most investors, thusly, a non-reg account is probably best. The Line 5 and other issues are likely embedded into the valuation of the stock already, and we would be comfortable buyers for income.