Enbridge Preferred share report updated November 2, 2021

The Enbridge rate reset preferred share on our list ENB.PF.A is updated rated Weak Buy / Hold. At 4.8% the yield is reasonably attractive and it may benefit from rising interest rates. However , this particular rate reset share has a rather poor history and overall I am not tempted to buy. I hold some and have put in an order to sell half if it should hit $23.

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