|Bid||47.44 x 0|
|Ask||47.45 x 0|
|Day's range||47.20 - 47.50|
|52-week range||42.75 - 56.33|
|Beta (5Y monthly)||0.91|
|PE ratio (TTM)||31.64|
|Earnings date||08 Feb 2024 - 12 Feb 2024|
|Forward dividend & yield||3.66 (7.71%)|
|Ex-dividend date||14 Feb 2024|
|1y target est||52.92|
The midstream sector is deeply unloved, but that means you can collect big yields from reliable companies.
Dividend stocks are a great way to generate some passive investment income. What often makes dividend payments better than interest income from bonds or bank CDs is that many companies increase their payouts each year. Enbridge (NYSE: ENB) and Kinder Morgan (NYSE: KMI) recently revealed plans to give their investors a raise next year.
(Reuters) -Canadian oil producers are bracing for further potential delays to the Trans Mountain pipeline expansion (TMX) that could cost them millions of dollars in lost revenues in coming months after they ramped up production ready to fill the expanded line, meant to unlock access to Asia. Producers entered 2023 thinking the 590,000 barrel per day (bpd) expansion - nearly tripling the existing pipeline's capacity - from Alberta's landlocked oilfields to the Pacific Coast would be filling with oil by year-end - the last step before full operations commence. On Tuesday Canadian regulators denied a variance request, a move Trans Mountain said risked delaying the project's start date.