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  5. ENB.PR.V: US . [Enbridge Inc. cumulative redeemable preference shares Series 1]

Investment Q&A

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Q: US .42 quarterly dividend = ~ Cdn 10% yield right?

resets in 2028 I think

How can you go wrong with a 10% yield?

Is the dividend tax credit applicable in a cash account

Are there any tax implications in a tfsa

What are the cons of this investment?

Thank you so much
Asked by JACK on March 03, 2025
5i Research Answer:
This preferred had the good-timing benefit of being re-set in 2023, after interest rate rose (it...
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