TFSA Investors: Is Enbridge Stock a Buy? | The Motley Fool Canada

Dec 24, 2024 · Enbridge is off its recent multi-year high after a strong rally over the past year.Canadian pensioners and other TSX investors seeking high-yield dividend stocks who …

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TFSA Investors: Is Enbridge Stock A Good Buy Now? - The Motley …

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Enbridge recently released its 2021 financial guidance. The company maintained the position that annual distributable cash flow (DCF) can grow 5-7% for several years. Full-year DCF for 2020 should come in at $4.50-4.80 per share. That’s in line with the guidance provided earlier this year. Projected DCF in 2021 could hit $5 per share. Enbridge cont...

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TFSA Passive Income: Is Enbridge Stock A Buy, Sell, Or Hold? - MSN

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Enbridge is down about 10% in the past year and now offers a dividend yield above 7.5%. The post TFSA Passive Income: Is Enbridge Stock a Buy, Sell, or Hold? appeared first on The …

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TFSA Passive Income: Is Enbridge Stock A Buy, Sell, Or Hold? - MSN

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Enbridge now offers a yield near 8%. Is the dividend safe? The post TFSA Passive Income: Is Enbridge Stock a Buy, Sell, or Hold? appeared first on The Motley Fool Canada.

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Why Enbridge Is A Top Dividend Stock For Your TFSA!

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Jun 26, 2021 · An investment of $10,000 in ENB stock can help TFSA investors generate $680 in annual dividends, given its forward yield of 6.8%. ... The post Why Enbridge Is a Top Dividend …

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The Smartest High-Yield Energy Stocks To Buy With $500 Right Now

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2 days ago · TotalEnergies is increasingly electric. TotalEnergies is offering a dividend yield of 5.8%. (U.S. investors will have to pay foreign taxes on the dividends they collect, but can claim …

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TFSA Investors: 3 Dividend Stocks For Worry-Free Passive Income

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Jan 2, 2025 · These stocks pay attractive dividends that should continue to grow. Enbridge (TSX:ENB) rallied more than 25% in 2024 and now trades near its 12-month high. Most of the …

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Where Will Enbridge Stock Be In 5 Years? - The Motley Fool Canada

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1 day ago · In my view, Enbridge remains a top dividend stock long-term investors should consider, and I wouldn’t be surprised to see around 5% capital appreciation over the next five …

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Enbridge Initiated With A Buy At TD Securities - Markets Insider

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1 day ago · TD Securities last night initiated coverage of Enbridge (ENB) with a Buy rating and C$66 price target Companies with natural gas exposure and size advantages ranked best in …

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Take Full Advantage Of Your TFSA: Income-Generating Ideas For …

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5 days ago · Cannabis Stocks Motley Fool Canada’s ... Investors who buy ENB stock at the current level can get a dividend yield of 6%. ... The bottom line on TFSA income. Enbridge and …

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TFSA Contribution Limit Stays At $7,000 For 2025: What To Buy?

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5 days ago · Investors who buy ENB stock at the current price can get a dividend yield of 6%. Fortis ( TSX:FTS ) is another stock to consider for dividend growth. The board has increased …

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FAQs about TFSA Investors: Is Enbridge Stock a Buy? | The Motley Fool Canada Coupon?

Should you buy Enbridge for your TFSA?

Another reason to buy Enbridge for your TFSA is that when interest rates fall, utility stocks become more attractive due to their higher yields. Enbridge, which currently yields about 7.79% a year, offers quite an attractive risk/reward equation. Its current return is among the best you can earn from Canadian utilities. ...

Is Enbridge (ENB) a good passive-income stock for TFSA investors?

Enbridge (TSX:ENB) (NYSE:ENB) is a passive-income stock that many new TFSA investors may wish to consider to better prepare for a stagflationary environment. You’re reading a free article with opinions that may differ from The Motley Fool’s premium investing services. ...

Is Enbridge (ENB) a good stock to buy?

Enbridge (TSX:ENB) (NYSE:ENB) is one stock that still looks cheap and could deliver big returns in the next few years. The TFSA limit increased by $6,000 in 2021. This brings the maximum cumulative contribution space to $75,500. Retirees use the TFSA to hold top dividend stocks as sources of tax-free income. ...

Is Enbridge stock still undervalued?

Canadian pensioners and other TSX investors seeking high-yield dividend stocks who missed the rebound in 2024 are wondering if ENB stock is still undervalued and good to buy for a self-directed Tax-Free Savings Account (TFSA). Enbridge fell from $59 per share in June 2022 to as low as $44 in October last year. ...

Should you buy Enbridge (Enbridge)?

That being said, Enbridge already looks cheap and offers an attractive dividend that should continue to grow. Existing investors should probably hold the stock. New investors might want to take advantage of the latest dip to start a position and look to add more on further weakness. ...

Should you invest in Enbridge?

Long-term shareholders have done well with Enbridge. A $10,000 investment in the stock 25 years ago would be worth $295,000 today with the dividends reinvested. If you have some cash sitting in your TFSA, it might be a good idea to add Enbridge to the portfolio while the stock is out of favour. ...