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Stock impact report

Passive Income: Is Enbridge Stock Still a Buy for its Dividend Yield? [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
Enbridge TSX:ENB ) is up nearly 40% in the past two years. Investors who missed the rebound are wondering if ENB stock is still attractive to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio focused on dividends Enbridge share price Enbridge trades near $65 at the time of writing. The stock is actually down from its 2025 high of around $70, so investors have a chance to buy on a modest pullback. The shares went through a rough ride in 2022 and 2023 when the Bank of Canada and the U.S. Federal Reserve aggressively raised interest rates to get inflation under control. Enbridge uses debt to fund its growth initiatives that can cost billions of dollars and sometimes take years to complete. The sharp rise in borrowing costs that occurred as interest rates rose put pressure on profits due to higher interest expenses and drove up borrowing costs on new debt. Investors were concerned that higher debt expenses would cut into Show less Read more
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