ENB
🇨🇦 Embridge, a Canadian energy company, currently offers an attractive dividend yield of 6.1% and boasts a 53-year history of dividend payments, indicating stability.
📈 The speaker highlights significant personal gains, including a 59% unrealized capital gain and a yield-on-cost approaching 10% from an investment made less than 4 years ago.
💡 This example demonstrates the potential for dividend stocks to offer both substantial passive income (yield-on-cost) and significant capital appreciation over time.
@ElClubDeInversion:
“I want to talk about a company called Embridge, which, as you can see here, is a Canadian energy company. That’s why you see the flag there, trading on the Toronto Stock Exchange, currently trading at $62 Canadian dollars, mind you, and offering a dividend yield of 6.1%, which is not bad at all. But the thing is, it’s even better because, well, you’re seeing it here, it’s a company that has been paying dividends for 53 years, so also very solid. But as I say, beyond this 6.1% yield, the best part is what you’re not seeing in this image. Why? Just like Warren Buffett, although with quite a few fewer years, but I’ll explain now. I included this company in my portfolio a little less than 4 years ago, specifically on August 1, 2021. I bought the shares at a price of $39 Canadian dollars, so for the moment, I have unrealized capital gains of 59%. That’s the unrealized capital gain. What is my yield on cost? It’s 9.67%. How is this calculated? Well, taking into account the dividend of $3.77 Canadian dollars per share, considering the price, not the current one, mind you, the price at which I bought it, $39, gives that yield of 9.67%, close to 10%. And this should increase over time.”
Watch the exact part of the video where @ElClubDeInversion talks about Embridge here:
Watch the video on YouTube
Read more articles analyzing Embridge (ENB) at the provided link. ENB stock.
