Q: I am 68 years young and presently have ENB and am looking into more dividend stock and wondering if I would be better to sell and buy ENF? If you think I shouldn't sell ENB then I have cash to buy ENF.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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Suncor Energy Inc. (SU)
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Enbridge Inc. (ENB)
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Imperial Oil Limited (IMO)
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AltaGas Ltd. (ALA)
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Parkland Corporation (PKI)
Q: I'm (still) planning an income portfolio and have decided on the above companies. I think they are solid and the income is attractive. I expect to hold them 5 years.
My concern about all of them is the electric car overhang. I see the trend to E-cars as a long term annual dissipation of the energy sector. Think of a successful 20 year short on the energy sector. There will not likely be a major event, just a gradual decline in earning etc. You have mentioned in another reply that PKI and ATB can use their locations for other purposes, but there's not a lot of uses for an oil refinery or pipelines.
Please provide your views on my conundrum. Thanks.
My concern about all of them is the electric car overhang. I see the trend to E-cars as a long term annual dissipation of the energy sector. Think of a successful 20 year short on the energy sector. There will not likely be a major event, just a gradual decline in earning etc. You have mentioned in another reply that PKI and ATB can use their locations for other purposes, but there's not a lot of uses for an oil refinery or pipelines.
Please provide your views on my conundrum. Thanks.
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Enbridge Inc. (ENB)
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Pembina Pipeline Corporation (PPL)
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Inter Pipeline Ltd. (IPL)
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AltaGas Ltd. (ALA)
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Keyera Corp. (KEY)
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Enbridge Income Fund Holdings Inc. (ENF)
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Veresen Inc. (VSN)
Q: Want to refine my pipeline/processor holdings consisting of ALA,ENB,ENF,IPL,KEY,PPL,VSN.
Looking for yield plus growth of ~7%. Have held all for over three years and some seem range bound,Not sure which have the most castalyst for growth.
Your thoughts on best to own and which to drop. Would likely convert the proceeds of disposed ones into more of the holds to maintain same total $ position in the group.
Looking for yield plus growth of ~7%. Have held all for over three years and some seem range bound,Not sure which have the most castalyst for growth.
Your thoughts on best to own and which to drop. Would likely convert the proceeds of disposed ones into more of the holds to maintain same total $ position in the group.
Q: Morning-I am a retiree whom is dependent on monthly income to survive.I have 60K to invest in my cash account hoping to create some income. I am thinking of T,BNS,and ENB (alternating 4% monthly returns)...or would 5i think that monthly incomes from CSH.UN , AD and EIF (better tax break) be an OK strategy. I have both BE and Income portfolios covered in registered accounts , full up in TFSA ... what to do with cash??? Thanks for all you do.
Q: I have IPL 2.3% and PPL 3.9% in a taxable account. Held them for years and I am about breakeven not counting the dividend. I am thinking of selling IPL and buying ENB. Would this be good idea for the long term?
Q: Hi,
Further to your reply: "ENB pays its dividend in Canadian dollars. You could buy it in the US, in a US account, and dividends would be converted, but you would incur exchange fees.
Rather than looking at this strategy, we might instead holding some US exposure in general, for general diversification, and avoid trying to predict currency movements"
Since I'm seeking USD income, I'm looking for the biggest bang for my buck (so the Dividend Tax Credit is something I would want to take advantage of). Would my strategy work with something like a ENB.PR.U (USD preferred)? Or does the same currency conversion issue occur. Thanks again.
Further to your reply: "ENB pays its dividend in Canadian dollars. You could buy it in the US, in a US account, and dividends would be converted, but you would incur exchange fees.
Rather than looking at this strategy, we might instead holding some US exposure in general, for general diversification, and avoid trying to predict currency movements"
Since I'm seeking USD income, I'm looking for the biggest bang for my buck (so the Dividend Tax Credit is something I would want to take advantage of). Would my strategy work with something like a ENB.PR.U (USD preferred)? Or does the same currency conversion issue occur. Thanks again.
Q: Dear 5i,
If I wanted USD income from a company like Enbridge, would I need to buy the stock on the NYSE and hold it in my USD trading account?
Would it pay the quarterly dividend in USD? With the CAD strengthening, is this a good strategy?
Thank you.
If I wanted USD income from a company like Enbridge, would I need to buy the stock on the NYSE and hold it in my USD trading account?
Would it pay the quarterly dividend in USD? With the CAD strengthening, is this a good strategy?
Thank you.
Q: I hold ENF. I recall that, in the past, you have expressed a preference for ENB - perhaps the former being more for income and the latter being more for growth. Is this correct? Is there any other reason to prefer one over the other? (Perhaps I should consider switching.)
Q: I invest for dividends, dividend growth and some growth in stock price. I am currently holding ala but am thinking of switching enb or enf. Would you make this switch and if so which Enbridge holding ? I have a diversified portfolio.
Thank you and thanks for providing this great service
Thank you and thanks for providing this great service
Q: Over the past 12 months the charts of both companies show a distinct downward trend -- seems to be correlated with price of oil.
Shouldn't the stocks trade more the volume of oil & gas that moves through their pipes?
Shouldn't the stocks trade more the volume of oil & gas that moves through their pipes?
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Enbridge Inc. (ENB)
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TC Energy Corporation (TRP)
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Pembina Pipeline Corporation (PPL)
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Inter Pipeline Ltd. (IPL)
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AltaGas Ltd. (ALA)
Q: I realize that the companies mentioned are not equal size but how would you rank them in terms of growth profile for the next 5 years from 1 to 10. 1 is lowest and 10 highest. Thanks
Kenn
Kenn
Q: I'm 84 and depend on dividends for income. In the Utility category I have AQN, EMA, BEP.UN. I'd like to add a couple more to this. Can you suggest a few that I can check out. Thanks, Ted
Q: I am becoming interested in Enbridge as it gets close to 50 dollars. I was trying to find the payout ratio and I found it on a site it was paying out 102%. Is this correct? I find this hard to believe as everyone like to recommend this stock which would not wise if it cant cover dividend. Where do I find accurate pay out ratios?
Q: I'm setting up an income portfolio. What would you think of ENB, IPL, ALA, PEY, and Vet comprising 10% of the portfolio? The utility sector will be 15%, as in a separate question.
Q: Hi, I am looking to pick either ENB or ALA for utility sector. from dividend and valuation perspective, ALA looks far more attractive.
I would appreciate if you can provide a comparison of the two and your preference.
I would appreciate if you can provide a comparison of the two and your preference.
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Enbridge Inc. (ENB)
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TC Energy Corporation (TRP)
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Fortis Inc. (FTS)
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NFI Group Inc. (NFI)
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goeasy Ltd. (GSY)
Q: Hi 5i team,
Could you suggest some dividend growth companies that look attractive at current valuations?
Thanks
Could you suggest some dividend growth companies that look attractive at current valuations?
Thanks
Q: my question regards our holding 2.5% in enb and 2.5% in ala both pay wonderful dividends but both are down about 6% in our portfolio...would you keep these both these stocks or remove one of them ...we also own a 1% weighting in wcp in energy but a 4% weighting in kwh.un and vnr...this is not a burning question but one that we feel possibly needs to be addressed and you are the people that know best so thank you for your advise...
Q: Hi Peter and Gang,
IPL is currently trading at a much lower P/E ratio (18X, 6.3% dividend yield) than PPL (35X, 4.8%) and ENB (50x, 4.9%). Would you please comment on what may have contributed to this.
Cheers,
Harry
IPL is currently trading at a much lower P/E ratio (18X, 6.3% dividend yield) than PPL (35X, 4.8%) and ENB (50x, 4.9%). Would you please comment on what may have contributed to this.
Cheers,
Harry
Q: I already own both, what are your thoughts of further purchases at these levels ? Enbridge as a buy and hold and Teck as a trade. Thanks Steve
Q: Presently has 6.25% of portfolio in Energy consisting of 2.5%,2.5% & 1.25%.of ALA.R,KEL(down 38%) & HWO(down 28%)respectively.Is this a good entry point for ENB? If so,my exposure to the energy sector maybe too high,so thinking of selling HWO.Please advise.Appreciate u usual great services & views