Here’s what that opportunity is, and why you should buy the stock now and hold it for the long term. But there’s one aspect of the story that few are paying attention to. One of the main reasons why investors flock to Enbridge is the company’s dividend. Looking for Passive Income? ArthaVidya Last visit Follow Following Unfollow. The company operates in a defensive segment that continues to generate recurring revenue. Here Are 3 Top Stocks You Need to Own! Stock analysis for Enbridge Inc (ENB:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. If that does happen, the market could come down to Enbridge’s level. Looking back over the past five years, the yield has averaged a still-impressive 5.25%. In my opinion, those long-term benefits far outweigh the short-term risks that stem from the COVID-19 pandemic. The energy behemoth currently represents one of the most lucrative opportunities on the market for investors. ChristianSchramm Last visit ... ENB:TSX potential long > Buying for long term possible. Show full articles without "Continue Reading" button for {0} hours. If Trump Wins, These 3 Canadian Stocks Will Surge, Trump vs. Biden Debate: How the U.S. Election Could Shake the Canadian Market and Economy. The post It’s Time to Buy Enbridge (TSX:ENB) Stock appeared first on The Motley Fool Canada. That portfolio includes 22 wind farms and six solar energy facilities. First, Enbridge operates one of the largest natural gas utilities on the continent, boasting 3.8 million customers. Videos only. Fool contributor Demetris Afxentiou owns shares of Enbridge. The only thing certain is that over the longer term, the market will recover. That pipeline network connects oil-rich regions with refineries and storage facilities across North America. Based on 12 analysts offering 12 month price targets for Enbridge in the last 3 months. In short, there is an endless array of variables to consider. 5G has the potential to radically change our lives and society as we know it, but if you’re an investor, the implications are even greater — and potentially much more lucrative. Like us on Facebook to see similar stories, Latest round of wind-whipped wildfires in California prompt evacuation of 60,000 in posh Irvine neighborhoods, Free doughnuts and 8 other frighteningly good deals for Halloween. In terms of volume, Enbridge hauls a quarter of all crude produced in North America and one-fifth of the natural gas consumed in the U.S. As impressive as that sounds, there are two other parts of Enbridge that will garner increasing interest in the next few years. Top authors: ENB. There is some truth to this, particularly if current market conditions persist. Throw in an incredibly lucrative quarterly dividend, and there should be no argument about including the stock in any portfolio. Have you added Enbridge (TSX:ENB)(NYSE:ENB) stock to your portfolio? Should you buy Enbridge (TSX:ENB)(NYSE:ENB) stock or its peer for a juicy 7.7% dividend yield? Enbridge charges customers for use of its pipeline network in a fashion that is not unlike a toll-road network. Also worth noting is that a harsher second wave of COVID-19 could force another full market closure. By way of comparison, the overall market is approaching a breakeven point for 2020, while Enbridge is still down over 20% year to date. If, however, Enbridge stock continues to claw back those losses, the yield will come more in line with expectations. It’s Time to Buy Enbridge (TSX:ENB) Stock. The renewable portfolio currently boasts a generation capacity of two gigawatts (GW), which is enough to power approximately 900,000 homes. ENB, 1W. Long known for its reliable performance in any market, shares are 25% lower since the year began. The average price target is C$52.87 with a high forecast of C$60.23 and a low forecast of C$48.19.The average price target represents a 38.15% increase from the last price of C$38.27. Critics of Enbridge will point out that the current yield is unsustainable. Enbridge (TSX:ENB)(NYSE:ENB) is well known as a great income-producing stock. There’s little doubt that the future of energy lies outside of fossil fuels and with renewables. JJMa. Take your trading to the next level Start free trial. Connect with friends faster than ever with the new Facebook app. ENB Stock Chart. The Motley Fool owns shares of and recommends Enbridge. The post Better Buy: Enbridge (TSX:ENB) Stock or This Other 7.7% Dividend Stock… Long. Investors would do well to buy Enbridge stock at a discount now, letting that dividend grow until the market recovers. 5G is one of the greatest arrivals in technology since the birth of the internet. Enbridge is a peculiar investment. This might make Enbridge stock a higher risk than other options on the market, but the potential returns outweigh those risks. Enbridge offers a quarterly dividend that currently works out to an impressive 8.59% yield. We could see plenty of new wealth-building opportunities in 2020 that would potentially dwarf any that came before them. To learn more about it and its revolutionary potential to change the industry — and potentially your bank account — click on the link below to get the full scoop.

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