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Enbridge Inc. 5.50% Cumulative Redeemable Preferred Shares Series A (ENB.PR.A)
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Enbridge Inc. cumulative redeemable preference shares Series 1 (ENB.PR.V)
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Q: I am looking at yield opportunities in preferreds given where we are in the rate cycle. Could you please comment on buying high yield individual preferreds from stable companies such as Enb ridge as a strategy, and also why their spreads vary so much. In these two releases the yield for the same company goes from the 6 to 9% range, when the stock yields in the 7s.
Thanks!

Read Answer Asked by Peter on August 29, 2023

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