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Stock impact report

High-Yield Gems: 2 Dividend Stocks Canadian Retirees Should Consider [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
Pensioners and other income investors are searching for top TSX dividend stocks to add to their self-directed Tax-Free Savings Account (TFSA) portfolios. The big rally in the TSX over the past year has driven down yields on many stocks, but investors can still get attractive returns from solid companies. Enbridge Enbridge TSX:ENB ) is up about 20% in the past 12 months, and has been on the rebound for more than two years. The stock is benefiting from interest rate cuts in 2024 and 2025 after taking a hit in 2022 and 2023 when the Bank of Canada raised interest rates aggressively to get inflation under control. Enbridge has also managed to drive growth in distributable cash flow through a combination of acquisitions and development projects. The current $39 billion capital program is expected to boost adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), adjusted earnings per share (EPS), and distributable cash flow by 5% per year starting in 202 Show less Read more
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