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Stock impact report

2 Stocks to Buy With Dividends Yielding More Than 6% [The Motley Fool]

Enbridge Inc (ENB) 
Last enbridge inc earnings: 2/14 07:00 am Check Earnings Report
US:NYSE Investor Relations: enbridge.com/investment-center/dashboard
Company Research Source: The Motley Fool
Investors have sold off energy stocks over the past month because of plunging oil prices following the COVID-9 outbreak. Driving down pricing is a massive disruption in demand for oil and refined products because governments around the world have issued stay-at-home orders to slow the spread.The slump in oil prices and demand has investors growing worried about the sustainability ofdividendsin the oil patch. Several companies have alreadycut their payouts, andmany more are likely to join them. That's weighing on the entire sector since investors aren't sure which companies will be able to maintain their payouts during this challenging period.wo, however, that stand out for their seemingly sustainable high yields areEnbridge(NYSE:ENBMagellan Midstream PartnersNYSE:MMPImage source: Getty Images.The financial strength to withstand this stormUnits of crude oil and refined productsMLPMagellan Midstream have tumbled more than 0% this year. That sell-off pushed the yield on its distribution Show less Read more
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