I uncover a high-quality dividend growth stock that appears to be undervalued each week for Daily Trade Alert, which is a site that focuses on dividend growth investing, stocks, and unique investment opportunities. I’ve been writing for them for years now, and they’re just great over there. Each week, I publish an excerpt of my work, when it’s fresh off the press. That way, you readers are given the opportunity to check it out. The content is totally free. I hope you enjoy!
It always amazes me how people try to take something very easy and make it far more difficult than necessary.
Investing is a great example of this.
Bill Ackman, the founder and CEO of Pershing Square Capital Management, a hedge fund, has made the news rounds over the last month or so after finally selling out of his massive stake in Valeant Pharmaceuticals International Inc. (VRX).
I’m not going to go over all the specifics, as this has been covered with depth by various outlets recently.
Suffice to say, it was a massive loss.
Image courtesy of: Stuart Miles at FreeDigitalPhotos.net.
I have owned Enbridge for about 6 years now, and the stock has been very good. A couple years back they raised the dividend 33% in a year. They raised the dividend 10% in January prior to the merger. Another dividend increase is expected of 5% as the merger is now completed.
Enbridge usually announces dividend increases a few days after there Dec 1 dividend payment.
I own shares in TFSA and shares through the transfer agent.
I see them expanding more in green energy. So along with pipelines, I believe we will see excellent dividend growth beyond what ENB is currently predicting .
IP,
I’m a pretty happy camper thus far. Spectra was/is a great business. Enbridge has clearly been run very well for a long time. The two together should be highly complementary. I only wish I would have bought more Spectra back when it was really cheap. But I think ENB is still pretty appealing here. If even 50% of that proposed dividend growth materializes, that’s still plenty of yield and growth.
Glad to be a fellow shareholder! 🙂
Best regards.
Hi Jason!
Thanks for the article, I just started reading your blog. It’s very focused and detailed (especially the dividend-yielding stock recommendations). I love it!
Good catch about this Enbridge, yes I tend to agree with you that this stock looks somewhat undervalued.
Jan,
Glad you’re enjoying the content! 🙂
The content quantity has taken a dip recently while I study for my next career, but I’m doing my best to keep the quality as high as ever. Meanwhile, I hope to be back to posting more regularly (say, 2-3 articles per week) at some point in the near future. Just depends on how fast I get through this personal training material.
Best regards!