Recent Buy - Enbridge Inc. (ENB)

On Wednesday August 16, I bought 30 shares of Enbridge Inc. at CA$ 49.75 per share plus commission.

My overall cost basis of this position decreases from CA$ 53.39 to CA$ 52.00 per share. I totally hold now 75 shares of ENB and my yield on cost is 4.69%. You can look at my first purchase of ENB here.


 
Details of my purchase: 

With current quarterly dividend (CA$ 0.61), my last purchase 30 shares of ENB increases € 36.70 (CA$ 54.53) of expected annual net dividend income. At today's exchange rate, this purchase will increase my portfolio projected annual net dividend income approximately to € 10,880.00. After this acquisition, ENB's weight of my portfolio is about 0.69% and its share of future annual dividend income is approximately 0.84%. I'm planning slowly to build up ENB's share of my portfolio, if the price remains at these levels.

Click here to see my portfolio.

Full Disclosure: Long ENB

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