Saturday, October 21, 2017

Recent Buy - Enbridge Inc. (ENB.TO)

Yesterday October 20, I bought 30 shares of Enbridge Inc. at CA$ 49.98 per share plus commission.

My overall cost basis of this position decreases from CA$ 52.00 to CA$ 51.47 per share. I totally hold now 105 shares of ENB and my yield on cost is 4.74%. 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 € 36.65 (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 € 11,220.00. After this acquisition, ENB's weight of my portfolio is about 0.89% and its share of future annual dividend income is approximately 1.14%. 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.TO

Thanks for stopping by!


  1. Hawk -

    Really nice seeing that you were able to average down on your price. Congrats Hawk, hope you're having a nice weekend!