I still haven't figured out how to read ENB's financials so I've been keeping a curious eye on it, too.Messerschmitt wrote: ↑Nov 27th, 2017 11:01 pmYea thanks, gave it a read.
So why would one not go for ENF instead of ENB. 6.7% yield is significant vs 5.2%. Is it more risky? It's part of ENB right?
I don't really understand the point of ENF as a fund for ENB. Does ENB syphons money to ENF for payouts? How does the system work? Theoretically wouldn't ENF mirror ENB since they would be the same "company" ?
I was gonna jump on ENB, but now I'm asking myself not go for the extra 1.5% if it's basically the "same" company.
Rod mentions he actually likes ENF is better than ENB, but I still don't understand. An article mentions ENF payout is 93.88% forcasted to go over 100%.
So bottom line. No negatives going ENF instead of ENB?
I do own ENF. TD Direct Investing's fundamentals info tells me that ENF's payout is 94.79%...and ENB's is currently 113.47%. ENB will have to grow its revenues (and I guess people are confident it will).
I also own PPL and its payout is 156.63% but I'm still too indecisive to sell it!