Recent Buy: Enbridge Inc. (ENB)

ID-100426334-300x300 Recent Buy: Enbridge Inc. (ENB)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.

 

 

 

My Thoughts

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.

 

Screen-Shot-2018-04-18-at-10.06.16-PM Recent Buy: Enbridge Inc. (ENB)

Source: Fastgraphs.com

 

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

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