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Stock impact report

Enbridge Series L Preferred: Matching The Instrument To The Enviroment [Seeking Alpha]

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: Seeking Alpha
EBBNF's fixed-reset structure ties its dividend to the 5-year U.S. Treasury yield plus a 3.15% spread, resetting every five years, with the next reset in September 2027. ENB common stock outperforms in falling-rate regimes via growth and multiple expansion, while EBBNF excels when rates are stable or rising, offering higher, more predictable income. With current rates, EBBNF's projected 2027 reset yield (6.95-7.05%) will surpass ENB's common dividend yield, making EBBNF a compelling income choice in today's macro environment. Richard Drury/DigitalVision via Getty Images Enbridge Inc. Cumulative Redeemable Preferred Shares, Series L ( EBBNF ) depends on the same underlying cash flow as Enbridge Inc. ( ENB ) common stock, even though preferred dividends get paid before common dividends. However, there are This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any Show less Read more
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