Investing

Investing Idea - Dividend Growth

  • Last Updated:
  • Jul 16th, 2018 11:57 am
Member
Jun 28, 2016
267 posts
139 upvotes
treva84 wrote:
Nov 29th, 2017 5:54 pm
The dividend growth is nice, the dilution is not.
The dilution is only about 7.5% on ENB, and that is through both this year and next year. It provides nice certainty through 2020. The dividend growth forecast being curtailed from through 2024 to through 2020 is less appealing, but guesses about 2021-2024 were just conjecture anyway, so it's not too big a negative. Hopefully, I can get in at sub-$44 tomorrow. The ENF dilution is bigger (more than 11%) but that was the one which really needed balance sheet protection, so I guess it's not a huge shock either. I'll certainly be adding below $27.50, if that price appears.
Deal Fanatic
User avatar
Dec 21, 2005
5059 posts
352 upvotes
Markham
Wavelet wrote:
Nov 29th, 2017 6:33 pm
The dilution is only about 7.5% on ENB, and that is through both this year and next year. It provides nice certainty through 2020. The dividend growth forecast being curtailed from through 2024 to through 2020 is less appealing, but guesses about 2021-2024 were just conjecture anyway, so it's not too big a negative. Hopefully, I can get in at sub-$44 tomorrow. The ENF dilution is bigger (more than 11%) but that was the one which really needed balance sheet protection, so I guess it's not a huge shock either. I'll certainly be adding below $27.50, if that price appears.
Closed at both TD & iTrade
:idea: :) :lol: :razz: :D
Deal Expert
User avatar
Sep 19, 2004
21530 posts
3727 upvotes
Waterloo
And to think that ENB was $47 and ENF finally reached back $30 just on Monday (now $27.8 issue is -8% from $30, or -4% from today's closing)

ENB, -8% in a month
https://ca.investing.com/equities/enbri ... ?cid=24530

ENF, -3% in a month
https://ca.investing.com/equities/enbri ... rical-data
Which Credit Cards to sign up? >> Jerry's List of Credit Cards with $200+ Welcome bonus/Aeroplan & AMEX Churning FAQ
AMEX Personal 60K || Business Platinum 75K || Biz Gold 40K || SPG 20K
Member
Aug 18, 2010
460 posts
168 upvotes
Richmond Hill, ON
Besides ENB and ENF, were there any additional transactions made during the month of November? Laurentian Bank looks to be fairly valued
Deal Addict
Aug 27, 2009
1174 posts
297 upvotes
Oakville
Cue jerryhung ...

Seriously though, looks like Mr. Market was pricing in more radical action from ENB. Nice surprise given that I've recently added a bit to my ENB holdings.
Deal Expert
User avatar
Sep 19, 2004
21530 posts
3727 upvotes
Waterloo
RETD wrote:
Nov 30th, 2017 9:58 am
Cue jerryhung ...

Seriously though, looks like Mr. Market was pricing in more radical action from ENB. Nice surprise given that I've recently added a bit to my ENB holdings.
Here I am
I want ENB over $50 and ENF over $30!!!
I didn't add more ENB at $44 (last add $47), oh well. Hope it only goes up from here :P
Which Credit Cards to sign up? >> Jerry's List of Credit Cards with $200+ Welcome bonus/Aeroplan & AMEX Churning FAQ
AMEX Personal 60K || Business Platinum 75K || Biz Gold 40K || SPG 20K
[OP]
Deal Addict
User avatar
Dec 14, 2010
4627 posts
3728 upvotes
jerryhung wrote:
Dec 4th, 2017 1:36 pm
I won't even ask

ENF -2.6% to $29 again, on what news? It was $30 on Friday

ENB is relatively flat
Oil down? This will continue under pressure until investor's day. Watching prices daily will drive you nuts :)


Rod
Last edited by rodbarc on Dec 4th, 2017 1:39 pm, edited 1 time in total.
Build a comprehensive portfolio based on Investing and Trading strategies. Check out these threads and join the discussion:

Investing strategy based on dividend growth

Trading strategy based on Graham principles.
Deal Expert
User avatar
Sep 19, 2004
21530 posts
3727 upvotes
Waterloo
rodbarc wrote:
Dec 4th, 2017 1:39 pm
Oil down? This will continue under pressure until investor's day. Watching prices daily will done you nuts :)


Rod
come on Rod, you know oil should NOT impact ENB or ENF this much :P


I don't watch it daily (it's even under my "Dividend" section and usually not seen), but it's hard to NOT notice the big red (vs. other TSX Energy names)
I'd just throw it under "it goes down because I own it" then :(
Which Credit Cards to sign up? >> Jerry's List of Credit Cards with $200+ Welcome bonus/Aeroplan & AMEX Churning FAQ
AMEX Personal 60K || Business Platinum 75K || Biz Gold 40K || SPG 20K
Deal Expert
User avatar
Sep 19, 2004
21530 posts
3727 upvotes
Waterloo
MrMom wrote:
Dec 4th, 2017 2:05 pm
Surprised you didn't see this story with your Globe subscription. https://www.theglobeandmail.com/globe-i ... e37172663/
I did, but that's for ENB and not ENF ...
and it's 1 opinion
Which Credit Cards to sign up? >> Jerry's List of Credit Cards with $200+ Welcome bonus/Aeroplan & AMEX Churning FAQ
AMEX Personal 60K || Business Platinum 75K || Biz Gold 40K || SPG 20K

Top