3 Reasons to Buy High-Yield Enbridge Stock Like There's No Tomorrow
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Enbridge (NYSE: ENB) is likely to be attractive to dividend lovers given its lofty 5.7% yield. For reference, the S&P 500 index is yielding just 1.1% while the average energy stock yields around 3.1%. But a high yield alone shouldn't be the main deciding factor for any investment. Which is why you'll want to know these three facts about Enbridge.From a big-picture perspective, Enbridge is a pipeline company. That means it operates the energy infrastructure that helps to move oil and natural gas around the world. This is a fee-driven business, with Enbridge charging customers based on the volume of energy it moves. The price of energy isn't particularly important to its financial results.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool