HomeFinance NewsEnbridge 7%+ Yield and Double Digit Total Return Potential (NYSE:ENB)

Enbridge 7%+ Yield and Double Digit Total Return Potential (NYSE:ENB)

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The author of this article discusses the balance between rapid compounders with high dividend growth potential and high-yielding stocks in their portfolio. Emphasizing the peace of mind that high-yielding stocks provide during times of high volatility, the author shares that these stocks currently make up around 9% of their stock portfolio. Due to the potential for rate cuts and the need to shift cash allocation back into equities for maintaining current levels of passive income, the author plans to highlight their favorite high-yielding stocks, including a discussion of Realty Income Corporation and Enbridge Inc.

The author specifically focuses on Enbridge Inc., a favorite high-yielding energy stock with a 7.3% yield. They highlight the company’s toll booth-like business model and its ability to generate substantial cash flows. The company’s reliability, long-term global energy demand outlook, and diversified business model are discussed, along with its capabilities in the renewable energy sector. The article concludes with an analysis of Enbridge’s reliable cash flows and dividends, as well as potential risks associated with the stock.

In summary, the article provides insight into the author’s investment strategy, focusing on the value of high-yielding stocks and specifically highlighting Enbridge Inc. as a promising high-yielding energy stock with a strong business model and growth potential. The author’s analysis and detailed explanation emphasize the potential for stable, reliable returns from this investment.

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