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Stock impact report

Invest $7,000 in This Dividend Stock for $388 in Annual Passive Income [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
Do you plan on investing $7,000 in the markets with an aim to earn passive income? If so, dividend stocks are the way to go. With dividend stocks, you can earn considerable sums of passive income each and every year. Some of them have very high yields coming right out of the gate, for example, 5% or higher. Additionally, many of the stocks grow their dividends over time, resulting in extraordinarily high yields-on-cost for patient investors who stay the course. In the late 1980s and early 1990s, Warren Buffett and Charlie Munger started accumulating a position in Coca-Cola stock. Today, those shares yield 54% on the price that Buffett and Munger paid for them 35 years ago. That's not to say that you could get a 54% yield on Coca-Cola shares today; you'd have to somehow pay the 1990 share price to do that. However, you can invest in high-quality dividend stocks today and hopefully enjoy a much higher yield-on-cost at some point in the future. In this article, I will explore a Show less Read more
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