Best Idea Enbridge Is a Triple Threat
The past few months have been a wild ride for Enbridge’s stock, driven by uncertainty regarding future dividend growth. Investors have also expressed concerns over Enbridge’s balance sheet, specifically its ability to fund its growth portfolio while maintaining its planned annual 10% dividend growth. Growth skepticism seems centered around the Line 3 replacement project obtaining final approval. We have confidence that Line 3 will be approved, but even if it's not, safeguards are in place to lim...
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