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.
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4 comments:
very nice!
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!
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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!
Mike
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.
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