Wednesday, December 3, 2008

Enbridge Dividend Increase

Enbridge, one of the companies that I own in my DRiP portfolio, has just annouced that they are raising the dividend by 12%. Quarterly payments are increasing from $0.33 to $0.37, starting with their next payment in March 2009.

Isn't that nice? I'm getting paid more, without having to do anything. Even better, that increased dividend will continue buying even more shares of the company. That's the magic of dividend reinvestment and dividend growth.


MG (moneygardener) said...

very nice!

Anonymous said...

Hey I'd like to congratulate you for such a great quality forum!
Was thinking this is a perfect way to make my first post!
The best way pile capital it is usually a wise idea to begin a savings or investing game plan as soon in life as obtainable. But don't despair if you have not thought of saving your assets until later on in life. As a consequence of hard work, that is consulting the best investment vehicles for your money you can slowly but surely increase your property so that it amounts to a large amount by the period you hope to retire. Contemplate all of the available asset classes from stocks to real estate as investments for your money. A knowledgeable and diversified portfolio of investments in a wide range of asset classes may help your money expand throughout the years.

-Ashlee Markgraf
[url=]currency conversion [/url]

Anonymous said...

Hello. My wife and I bought our house about 6 months ago. It was a foreclosure and we were able to get a great deal on it. We also took advantage of the 8K tax credit so that definitely helped. We did an extensive remodeling job and now I want to refinance to cut the term to a 20 or 15 year loan. Does anyone know any good sites for mortgage information? Thanks!


DividendLover said...

Enbridge is my first trade in the dividend portfolio I am putting together.

best pick in pipeliens/utilities and a basic building block in a dividend portfolio.