Where Will Enbridge Be in 1 Year?

motley fool · 2020-05-23
In a time when many energy stocks are cutting guidance, reducing spending significantly, and borrowing money to pay their dividends, it's reassuring that Enbridge is confident that its stable and diversified streams of income are strong enough to achieve the guidance it made before the onset of the COVID-19 pandemic ... Healthy dividend Although Enbridge is seeing "unprecedented reduction in North America energy demand," the company reaffirmed guidance for 2020 distributable cash flow (DCF) per share of $4.50 to $4.80 ... As far as the next year out, Enbridge seems well-positioned to generate another year of strong cash flow and reward investors with an attractive dividend yield.

Long Bridge Securities Ltd is a New Zealand registered Financial Service Provider (FSP number: FSP600050), and is a member of the Financial Dispute Resolution Scheme, a New Zealand independent dispute resolution service provider.

All data and contents of the Long Bridge website (longbridge.global) are for investors' reference only. Before conducting investment activities, investors should fully understand the relevant products, clearly know their potential risks, and make rational decisions based on their own risk tolerance; and investors should be aware that all investment activities involve risks and investment activities may not be suitable for every investor.

Customer Service Hotline:400-071-2688

(09) 533 9033(New Zealand)

Support Email:service@longbridge.global
简体中文