What companies Joe? I have had a position in Enbridge for a couple of years now ..... it was up 1.11% during today's carnage and is currently returning a 5.87% dividend .
ENLC has a GREAT Owner / Backer .. GIP ......... ENLC has a 1.3 coverage ratio with a 'promise ' of 5-10% dividend growth ........ Great IR Dept , very responsive .........
ENLC plumbs gas for Devon and has a recent relationship with EXXON , in the bustling Delaware Basin ,,, ENLC is also exposed to the STACK play in OK , The STACK gas/oil play is a little slower than expected and ENLC has been hurt by the news ........ The STACK will be fine and the Delaware is a WORLD CLASS play .........
if you bought ENLC today your dividend would be slightly over 10% ......
One more for today ... AM .... Nearly 10% dividend , mostly owned by NYC Muckity Muks , AM is the 'child ' of AR a quality WV gas producer .. AM plumbs the gas AR produces ... Growing dividend as well 1.1 coverage ratio , plenty of growth ahead .........
ENB is a very , very good Canadian pipeline , I owned their 'child' EEQ for years ...... EEQ has been folded back into family ..................
Any kind of major pullback ENB is a good choice ...........
PS.. Quality OXY has been beaten up lately due to its recent merger , its paying 5.7% today .... Interesting oil play with plenty of coverage ...........
Best of luck if you jump in ..............