My overall cost basis of this position decreases from CA$ 51.47 to CA$ 50.82 per share. I totally hold now 135 shares of ENB and my yield on cost is 4.80%. 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 € 36.52 (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 € 11,370.00. After this acquisition, ENB's weight of my portfolio is about 1.09% and its share of future annual dividend income is approximately 1.44%. In the near future, I still have room for one ENB acquisition because its share in the portfolio is not yet too high.
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to see my portfolio.
Full Disclosure: Long ENB.TO
Thanks for stopping by!
Thanks for stopping by!
Nice hawk. Enbridge is a huge holding of mine.. trying to lower that percentage or id be all over this.
ReplyDeleteHawk -
ReplyDeleteNice work averaging down, always a fun thing to do!!
-Lanny
How much portfolio room can ENB take? Like do you have a rule for like 3% ?
ReplyDeleteHi AG!
DeleteEBN can take about 2-2.5% and bring about 2% of future dividend income.
Thanks for visiting,
DH