Enbridge is on sale for less than 44$. For some contrast, they raised some cash for the recent acquisition deal by selling more than $4 billion worth of shares for 44.70. The price has dipped 10% since the deal announcement. Today’s small dip brings it down to an awesome price imo. And the sell off is due to crude oil also dipping. What do you guys think?
The company has always been solid and provides a high but stable dividend. Great dividend history. I bought in a few today and plan to DCA as long as the price is this low.
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