I added more shares my portfolio with the purchase of Enbridge Inc. (ENB)
41 shares @ $32.13 on 4/16/2018.
This increases my forward 12-month dividend income by $85.28 to a total of $5,451.80
I also updated my portfolio page to reflect the change.
So this is my second buy of Enbridge Inc. You can read about my original buy where I go more in detail. The only thing that has changed, since that purchase, is that I bought shares at a slightly higher price.
That is ok because this company is roughly 40% undervalued. 40% undervalued 6.5% dividend yield with projected 10% dividend growth for the next 2-3 years makes me a buyer.
What do you think of the company? Plan on owning it? or why not?
Thanks for reading, and don’t forget to connect with me.
Image by Sira Anamwong at FreeDigitalPhotos.net