Enbridge hosted their annual investor day in December 2019. 2020 is shaping up to be an interesting year for $ENB with Line 3 “expected” to come on line in the second half of 2020. Add to that, the company has completed deleveraging (current debt/EBITDA of 4.6x is at the low end of its target 4.5x – 5.0x range). After raising their dividend by 10% in December, the current dividend is $3.24 per share which represents a yield of over 6% based on the recent trading price.
This video provides highlights of the Enbridge Investor Day and presents key considerations for investors.