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Stock impact report

5.5% Dividend Yield: I'm Buying This Passive Income Stock In Bulk [Yahoo! Finance Canada]

Enbridge Inc (ENB) 
Last enbridge inc earnings: 2/14 07:00 am Check Earnings Report
US:NYSE Investor Relations: enbridge.com/investment-center/dashboard
For those looking to generate meaningful passive income today, and for tomorrow (and presumably the long term), finding companies with not only the rock-solid balance sheets that can support an above-market yield today, but also the ability to do so for many years to come is very important. I think there are actually quite a few top Canadian stocks I'd put in this category. That said, there is one that stands out as providing excellent up-front yield right now, with the ability to grow its distribution over time. Let's dive in! Enbridge As most investors are aware, I'm still very bullish on Canadian pipeline giant Enbridge TSX:ENB Shares of the Canadian pipeline giant have more than doubled over the past five years, and done so in a rather consistent way. Now, much of this recent growth has taken place over the course of the past two years, as energy prices have remained robust and administration changes in both Canada and the U.S. have changed the geopolitical landscape more Show less Read more
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