Started new position in portfolio with Enbridge Inc. (TSX:ENB.TO).Enbridge Inc., incorporated on December 15, 1987, is an energy transportation and distribution company. The Company is engaged in delivering energy. It operates through five segments: Liquids Pipelines, Gas Distribution, Gas Pipelines and Processing, Green Power and Transmission, and Energy Services. Liquids Pipelines consists of common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals, in Canada and the United States, including Canadian Mainline, Lakehead Pipeline System (Lakehead System), Regional Oil Sands System, Mid-Continent and Gulf Coast, Southern Lights Pipeline, Bakken System, and Feeder Pipelines and Other. Gas Distribution consists of its natural gas utility operations, the core of which is Enbridge Gas Distribution Inc. (EGD). Green Power and Transmission consists of its investments in renewable energy assets and transmission facilities. Renewable energy assets consist of wind, solar, geothermal and waste heat recovery facilities and are located in Canada primarily in the provinces of Alberta, Ontario and Quebec, and in the United States primarily in Colorado, Texas, Indiana and West Virginia. Energy Services undertake physical commodity marketing activity and logistical services, and oversee refinery supply services.
Enbridge pays dividend with 3-6-9-12 schedule my starting yield on cost is at 6.02%
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