Compare Preferred Shares Of Pipeline Companies

Using these tables you can Compare Preferred Shares Of Pipeline Companies. All companies compared here have a pipeline operation either in Canada or internationally. List includes all the big ones like (Pembina and Enbridge) as well as smaller ones like Altagas . All types of preferred’s are included (perpetual, fixed, floating) in one table. We present the information in an easy, to view and understand format. As a result you can pick the right share to purchase or sell.

Compare Preferred Shares Of Pipeline Companies Process

A listing of all pipelines regulated by the Canadian Government can be found at Canada Energy Regulator. Here is a map or all major Pipeline Systems and Frontier Activities Regulated by the National Energy Board.

Some investors, looking for high yield over the next 5 years, will put more emphasis on the “Blended Yield” metric. As a result, the issue with the most dividend over the next 5 years is selected.
More weight should be given to the “Credit Rating” metric, if you are looking for the highest credit worthy issues. That is to say, sacrificing some yield for security, is a good fit for the long term and “buy and hold” investors.
Good value is indicated by the metric “Rate Increase Percent”. This also highlights the stocks with the most room for capital gains, if rates start going up. A value investor may find this appealing.

For a quick overview of the Canadian pipeline companies, here is a short video by Rong Wu – Investing.

Conclusion

We expect each investor, to review the various metrics, and make a determination on the totality of their values. While at the same time expressing their personal investing style. In other words we present you with the information and you make a choice you are comfortable with.

Two tables are provided here. Review both, since the information provided contributes to the selection process.

If you need more information on how to use the metrics below, see our how to YouTube video or our post how to pick the best preferred share of a company.

Table To Compare Preferred Shares Of Pipeline Companies

;

The following metrics are now only available on the premium version of this tool:

Reset Date. The date of the upcoming reset for this issue. During the reset the new dividend will be determined by the issuer as outlined in the prospectus.
Reset (Yield | Dividend).
Blended (Yield | Dividend).
Rate Change Percent.
Rate Change To Value. This reflects the effect or the current price on the issue rate of the preferred. Here you see the percent increase/decrease of the new rate due to its drop or rise of its share value
New Spread Change.
New Spread Value.
Short Position.
Additional Features. A set of codes for additional features of the preferred share
Years To Double Initial Investment.
Outstanding float.
Market Cap In Bilions.
Common Stock P/E Ratio.
Common Stock P/B Ratio.
Common Stock Yield.

Last Updated: Market Data 2024-Apr-22 20:06, Model Metrics 2024-Apr-22 20:34

Credit Rating	Symbol	Price	52W High	52W Low	Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price	Current (Yield Dividend)	Name
Pfd3H	ENB-A ENB.PR.A CA29250N2041	$20.40	$22.49	$18.00	PERPETUAL @ 5.50%	06.74% $1.3752	Enbridge_Perpetual_5.50%_Cumulative_Redeemable_Preference_Shares,_Series_A
Pfd2L	TRP-A TRP.PR.A CA87807B2066	$15.53	$16.31	$12.62	5YR + 1.92%	05.60% $0.8698	TC_Energy_series_1
Pfd3H	ENB.PF.C ENB.PF.C CA29250N5929	$17.15	$17.39	$13.99	5YR + 2.64%	05.74% $0.9852	Enbridge_Inc._4.40%,_Series_11
Pfd3H	ENB.PF.A ENB.PF.A CA29250N6265	$17.85	$18.00	$14.41	5YR + 2.66%	05.74% $1.0242	Enbridge_Inc._4.40%,_Series_9
Pfd3H	ENB-Y ENB.PR.Y CA29250N6836	$17.60	$18.00	$13.65	5YR + 2.38%	05.31% $0.9344	Enbridge_Series_3,_Cumulative_Redeemable_Preference_Shares
Pfd3H	ENB-T ENB.PR.T CA29250N7339	$18.40	$18.90	$14.45	5YR + 2.50%	05.53% $1.0184	Enbridge_Series_R,_Cumulative_Redeemable_Preference_Shares
Pfd3H	ENB-B ENB.PR.B CA29250N7099	$16.56	$17.91	$13.72	5YR + 2.40%	07.85% $1.3004	Enbridge_Series_B_Cumulative_Redeemable_Preference_Shares
Pfd2L	TRP-B TRP.PR.B CA87807B4047	$12.62	$12.94	$9.58	5YR + 1.28%	03.35% $0.4232	TC_Energy_-_Series_3
Pfd3H	ENB-H ENB.PR.H CA29250N8402	$18.23	$19.64	$15.45	5YR + 2.12%	08.38% $1.5280	Enbridge__Series_H,_Cumulative_Redeemable_Preference_Shares
Pfd3H	ENB.PF.E ENB.PF.E CA29250N5762	$16.77	$17.11	$13.25	5YR + 2.66%	04.53% $0.7608	Enbridge_Inc._4.40%,_Series_13
Pfd2L	TRP-E TRP.PR.E CA87807B8758	$17.35	$17.90	$13.70	5YR + 2.35%	05.42% $0.9404	TC_Energy-series_9
Pfd3H	ENB-P ENB.PR.P CA29250N7586	$17.85	$19.08	$14.95	5YR + 2.50%	08.29% $1.4795	Enbridge_Series_P,_Cumulative_Redeemable_Preference_Shares
Pfd3H	ENB-D ENB.PR.D CA29250N8816	$16.78	$18.37	$14.27	5YR + 2.37%	08.06% $1.3530	Enbridge_Series_D,_Cumulative_Redeemable_Preference_Shares
Pfd3H	ENB-F ENB.PR.F CA29250N8659	$17.11	$18.75	$14.77	5YR + 2.51%	08.09% $1.3845	Enbridge_Series_F,_Cumulative_Redeemable_Preference_Shares
Pfd3H	ENB-J ENB.PR.J CA29250N6422	$18.21	$19.11	$15.35	5YR + 2.57%	08.22% $1.4970	Enbridge_Inc._4.40%,_Series_7
Pfd3H	ENB-N ENB.PR.N CA29250N7743	$20.43	$21.09	$16.65	5YR + 2.65%	08.19% $1.6740	Enbridge_Series_N,_Cumulative_Redeemable_Preference_Shares
Pfd3H	ENB.PF.G ENB.PF.G CA29250N5507	$16.62	$16.81	$13.22	5YR + 2.68%	04.49% $0.7458	Enbridge_Inc._4.40%,_Series_15
Pfd3H	PPL-G PPL.PR.G CA7063276082	$19.56	$19.98	$15.63	5YR + 2.94%	05.60% $1.0950	Pembina_Pipeline_Corp_4.5%__PREF_SER_7
Pfd3H	PPL-A PPL.PR.A CA7063272024	$20.07	$21.50	$16.31	5YR + 2.47%	08.13% $1.6313	Pembina_Pipeline_Corp_4.25%_PREF_SER_1
Pfd3H	ENB-V $ ENB.PR.V CA2920N7172	$21.35	$23.10	$18.22	5YR + 3.14%	07.85% $1.6759	Enbridge__Series_1,_Cumulative_Redeemable_Preference_Shares,
Pfd3H	ENB.PF.U $ ENB.PF.U CA29250N7909	$20.11	$21.64	$16.70	5YR + 3.15%	07.28% $1.4640	Enbridge__Series_L,_Cumulative_Redeemable_Preference_Shares,
Pfd2L	TRP-D TRP.PR.D CA87807B8006	$18.80	$19.33	$14.25	5YR + 2.38%	07.96% $1.4963	TC_Energy-series_7
Pfd2L	TRP-C TRP.PR.C CA87807B6026	$12.65	$13.23	$9.91	5YR + 1.54%	03.85% $0.4873	TC_Energy_-_Series_5
Pfd3H	PPL-E PPL.PR.E CA7063271117	$21.41	$21.80	$16.30	5YR + 3.00%	05.32% $1.1400	Pembina_Pipeline_Corp_5.0%__PREF_SER_5
Pfd3H	PPL-O PPL.PR.O CA7063278302	$20.30	$21.64	$16.71	5YR + 2.92%	07.59% $1.541000	Pembina_Pipeline_Corp._4.464%,_Series_15
Pfd3H	ENB.PF.V $ ENB.PF.V CA29250N6679	$21.46	$22.43	$19.00	5YR + 2.82%	07.78% $1.6708	Enbridge__Series_5,_Cumulative_Redeemable_Preference_Shares,
Pfd3H	ENB.PF.K ENB.PF.K CA29250N5192	$20.50	$23.25	$17.17	5YR + 3.17% Min_4.9%	07.57% $1.5530	Enbridge_Inc._4.90%,_Series_19
Pfd3H	PPL.PF.A PPL.PF.A CA7063277643	$21.25	$23.24	$17.23	5YR + 3.26% Min_4.9%	07.41% $1.5755	Class_A_Preferred_Shares,_Series_21
Pfd3H	PPL-C PPL.PR.C CA7063274004	$19.84	$20.45	$15.71	5YR + 2.60%	07.58% $1.5048	Pembina_Pipeline_Corp_4.7%__PREF_SER_3
Pfd3H	PPL-S PPL.PR.S CA7063277809	$23.81	$23.81	$19.50	5YR + 4.27%	04.92% $1.1710	Pembina_Pipeline_Corp._5.00%,_Series_19
Pfd3H	PPL.PF.E PPL.PF.E CA7063277239	$22.10	$24.25	$18.22	5YR + 3.51% Min_5.2%	07.33% $1.6203	PPL_Series_25_Shares,_KML_Series_25_min_5.2
Pfd2L	TRP-G TRP.PR.G CA87807B8592	$18.54	$19.00	$14.21	5YR + 2.96%	04.52% $0.8378	TC_Energy-series_11
Pfd3H	PPL-Q PPL.PR.Q CA7063278146	$22.30	$22.78	$17.03	5YR + 3.01%	07.40% $1.651250	Pembina_Pipeline_Corp._4.821%,_Series_17
Pfd3H	PPL-I PPL.PR.I CA7063278062	$22.58	$22.58	$17.20	5YR + 3.91%	04.76% $1.0755	Pembina_Pipeline_Corp_4.75%__PREF_SER_9

Here is a Limited Version of the Premium - Compare Tool.

A limited number of rows is included with the full metrics. This is a sample only. See link at footer for information on subscription to the premium version

Last Updated: Market Data 2024-Apr-22 20:06, Model Metrics 2024-Apr-22 20:34

Credit Rating	Symbol	Price	52W High	52W Low	Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price	Current (Yield Dividend)	Reset (Yield Dividend)yield and dividend for the current issue after the upcoming reset	Blended (Yield Dividend)follow link passed the end of the table to see definition	Yield To Call	Reset Date Y/M/D	Pay Div Date	Ex Div Date	Rate Change percent	Rate Change to value	New Spread value	Short Position	Additional Features	Converts To	Years To Double Initial Investment	P/E Ratio	Market Cap In Billions	P/B Ratio	Common Stock Yield	Projected Common Stock Yield	Outstanding Float	Name
Pfd3H	ENB-A ENB.PR.A CA29250N2041	$20.40	$22.49	$18.00	PERPETUAL @ 5.50%	06.74% $1.3752	N/A	06.74% $1.3752	12.81%	perpetual	2024-06-01	2024-05-14	022%	6.74%	N/A	181,746	Cumulative		10.62	17.07	75.2 B	1.88	7.32%	0.00%	5,000,000	Enbridge_Perpetual_5.50%_Cumulative_Redeemable_Preference_Shares,_Series_A

Reset Scenarios Based on Various G.O.C. 5 Year Bond Yield Rates

The following table presents 6 scenarios, of the issues resetting based on different 5 Year Bond rates. Each scenario consists of 3 columns and grouped by color. The rates assumed for the reset are as follows:

Scenario 1: 5YR GOC Rate is set at 1.50%
Scenario 2: 5YR GOC Rate is set at 2.00%
Scenario 3: 5YR GOC Rate is set at 2.50%
Scenario 4: 5YR GOC Rate is set at 3.0%
Scenario 5: 5YR GOC Rate is set at 3.50%
Scenario 6: 5YR GOC Rate is set at 4.00%

Note: Only the first 3 "What if scenarios" of the total 6 are available on the Free Site. All 6 scenarios can be viewed in the premium site

For more information please review our video and/or post. Links available at the bottom of the page

Rank Preferreds - Compare Reset Scenarios

Last Updated: Market Data 2024-Apr-22 20:06, Model Metrics 2024-Apr-22 20:34

Credit Rating	Symbol	Reset Date Y/M/D	Current (Yield Dividend)	5Yr @ 1.50%. Reset (Yield Dividend)Scenario: 1 yield and dividend based on GOC 5yr Rate of 5Yr @ 1.50%.	5Yr @ 1.50%. Blended (Yield Dividend)	5Yr @ 1.50%. Rate Change (percent \| to value )	5Yr @ 2.00%. Reset (Yield Dividend)Scenario: 2 yield and dividend based on GOC 5yr Rate of 5Yr @ 2.00%.	5Yr @ 2.00%. Blended (Yield Dividend)	5Yr @ 2.00%. Rate Change (percent \| to value )	5Yr @ 2.50%. Reset (Yield Dividend)Scenario: 3 yield and dividend based on GOC 5yr Rate of 5Yr @ 2.50%.	5Yr @ 2.50%. Blended (Yield Dividend)	5Yr @ 2.50%. Rate Change (percent \| to value )
Pfd2L	TRP-A TRP.PR.A CA87807B2066	2024DEC31	05.60% $0.8698	5.51% $0.85	05.51% $0.85	061% 5.51%	6.31% $0.98	06.20% $0.96	061% 6.31%	7.12% $1.11	06.91% $1.07	061% 7.12%
Pfd3H	ENB.PF.C ENB.PF.C CA29250N5929	2025MAR01	05.74% $0.9852	6.03% $1.04	06.00% $1.02	045% 6.03%	6.76% $1.16	06.56% $1.12	045% 6.76%	7.49% $1.29	07.16% $1.22	045% 7.49%
Pfd3H	ENB.PF.A ENB.PF.A CA29250N6265	2024DEC01	05.74% $1.0242	5.83% $1.04	05.81% $1.03	040% 5.83%	6.53% $1.17	06.43% $1.14	040% 6.53%	7.23% $1.29	07.00% $1.25	040% 7.23%
Pfd3H	ENB-Y ENB.PR.Y CA29250N6836	2024SEP01	05.31% $0.9344	5.51% $0.97	05.49% $0.96	042% 5.51%	6.22% $1.10	06.15% $1.08	042% 6.22%	6.93% $1.22	06.76% $1.19	042% 6.93%
Pfd3H	ENB-T ENB.PR.T CA29250N7339	2024JUN01	05.53% $1.0184	5.43% $1.00	05.43% $1.00	035% 5.43%	6.11% $1.13	06.11% $1.12	035% 6.11%	6.79% $1.25	06.73% $1.23	035% 6.79%
Pfd3H	ENB-B ENB.PR.B CA29250N7099	2027JUN01	07.85% $1.3004	5.89% $0.97	07.16% $1.18	051% 5.89%	6.64% $1.10	07.42% $1.23	050% 6.64%	7.40% $1.23	07.70% $1.27	051% 7.40%
Pfd2L	TRP-B TRP.PR.B CA87807B4047	2025JUN30	03.35% $0.4232	5.51% $0.69	04.96% $0.62	098% 5.51%	6.50% $0.82	05.71% $0.72	098% 6.50%	7.49% $0.94	06.45% $0.81	098% 7.49%
Pfd3H	ENB-H ENB.PR.H CA29250N8402	2028SEP01	08.38% $1.5280	4.96% $0.90	08.04% $1.46	037% 4.96%	5.65% $1.03	08.10% $1.47	037% 5.65%	6.34% $1.16	08.17% $1.49	037% 6.34%
Pfd3H	ENB.PF.E ENB.PF.E CA29250N5762	2025JUN01	04.53% $0.7608	6.20% $1.04	05.78% $0.97	049% 6.20%	6.95% $1.17	06.36% $1.06	049% 6.95%	7.69% $1.29	06.90% $1.15	049% 7.69%
Pfd2L	TRP-E TRP.PR.E CA87807B8758	2024OCT30	05.42% $0.9404	5.55% $0.96	05.53% $0.95	044% 5.55%	6.27% $1.09	06.15% $1.06	044% 6.27%	6.99% $1.21	06.74% $1.16	044% 6.99%
Pfd3H	ENB-P ENB.PR.P CA29250N7586	2029MAR01	08.29% $1.4795	5.60% $1.00	08.28% $1.47	040% 5.60%	6.30% $1.13	08.28% $1.47	040% 6.30%	7.00% $1.25	08.28% $1.47	040% 7.00%
Pfd3H	ENB-D ENB.PR.D CA29250N8816	2028MAR01	08.06% $1.3530	5.77% $0.96	07.60% $1.27	049% 5.77%	6.51% $1.09	07.74% $1.30	049% 6.51%	7.26% $1.22	07.90% $1.32	049% 7.26%
Pfd3H	ENB-F ENB.PR.F CA29250N8659	2028JUN01	08.09% $1.3845	5.86% $1.00	07.75% $1.32	046% 5.86%	6.59% $1.13	07.86% $1.34	046% 6.59%	7.32% $1.25	07.97% $1.36	046% 7.32%
Pfd3H	ENB-J ENB.PR.J CA29250N6422	2029MAR01	08.22% $1.4970	5.59% $1.02	08.22% $1.49	037% 5.59%	6.27% $1.14	08.22% $1.49	037% 6.27%	6.96% $1.27	08.22% $1.49	037% 6.96%
Pfd3H	ENB-N ENB.PR.N CA29250N7743	2028DEC01	08.19% $1.6740	5.08% $1.04	08.03% $1.64	022% 5.08%	5.69% $1.16	08.06% $1.64	022% 5.69%	6.30% $1.29	08.09% $1.65	022% 6.30%
Pfd3H	ENB.PF.G ENB.PF.G CA29250N5507	2025SEP01	04.49% $0.7458	6.29% $1.05	05.76% $0.95	050% 6.29%	7.04% $1.17	06.27% $1.04	050% 7.04%	7.79% $1.30	06.82% $1.13	050% 7.79%
Pfd3H	PPL-G PPL.PR.G CA7063276082	2024DEC01	05.60% $1.0950	5.67% $1.11	05.66% $1.10	027% 5.67%	6.31% $1.24	06.22% $1.21	027% 6.31%	6.95% $1.36	06.74% $1.32	027% 6.95%
Pfd3H	PPL-A PPL.PR.A CA7063272024	2028DEC01	08.13% $1.6313	4.95% $0.99	07.96% $1.59	024% 4.95%	5.57% $1.12	08.00% $1.60	024% 5.57%	6.19% $1.24	08.03% $1.61	024% 6.19%
Pfd3H	ENB-V $ ENB.PR.V CA2920N7172	2028JUN01	07.85% $1.6759	5.43% $1.16	07.48% $1.59	017% 5.43%	6.02% $1.29	07.57% $1.61	017% 6.02%	6.60% $1.41	07.66% $1.63	017% 6.60%
Pfd3H	ENB.PF.U $ ENB.PF.U CA29250N7909	2027SEP01	07.28% $1.4640	5.78% $1.16	06.82% $1.37	024% 5.78%	6.40% $1.29	07.02% $1.41	024% 6.40%	7.02% $1.41	07.19% $1.44	024% 7.02%
Pfd2L	TRP-D TRP.PR.D CA87807B8006	2029APR30	07.96% $1.4963	5.16% $0.97	07.95% $1.49	033% 5.16%	5.82% $1.10	07.95% $1.49	032% 5.82%	6.49% $1.22	07.95% $1.49	033% 6.49%
Pfd2L	TRP-C TRP.PR.C CA87807B6026	2026JAN30	03.85% $0.4873	6.01% $0.76	05.14% $0.65	097% 6.01%	7.00% $0.88	05.73% $0.72	097% 7.00%	7.98% $1.01	06.33% $0.80	097% 7.98%
Pfd3H	PPL-E PPL.PR.E CA7063271117	2024JUN01	05.32% $1.1400	5.25% $1.13	05.28% $1.13	016% 5.25%	5.84% $1.25	05.81% $1.24	016% 5.84%	6.42% $1.38	06.38% $1.36	016% 6.42%
Pfd3H	PPL-O PPL.PR.O CA7063278302	2027SEP30	07.59% $1.541000	5.44% $1.11	06.95% $1.41	023% 5.44%	6.06% $1.23	07.13% $1.44	023% 6.06%	6.67% $1.36	07.32% $1.48	023% 6.67%
Pfd3H	ENB.PF.V $ ENB.PF.V CA29250N6679	2029MAR01	07.78% $1.6708	5.03% $1.08	07.78% $1.67	016% 5.03%	5.62% $1.21	07.78% $1.67	016% 5.62%	6.20% $1.33	07.78% $1.67	016% 6.20%
Pfd3H	ENB.PF.K ENB.PF.K CA29250N5192	2028MAR01	07.57% $1.5530	5.98% $1.23	07.26% $1.48	022% 5.98%	6.30% $1.29	07.31% $1.50	021% 6.30%	6.91% $1.42	07.44% $1.52	021% 6.91%
Pfd3H	PPL.PF.A PPL.PF.A CA7063277643	2028MAR01	07.41% $1.5755	5.76% $1.23	07.08% $1.50	017% 5.76%	6.19% $1.32	07.17% $1.52	017% 6.19%	6.78% $1.44	07.28% $1.54	017% 6.78%
Pfd3H	PPL-C PPL.PR.C CA7063274004	2029MAR01	07.58% $1.5048	5.17% $1.03	07.58% $1.50	026% 5.17%	5.80% $1.15	07.58% $1.50	026% 5.80%	6.43% $1.28	07.58% $1.50	026% 6.43%
Pfd3H	PPL-S PPL.PR.S CA7063277809	2025JUN30	04.92% $1.1710	6.06% $1.44	05.76% $1.37	005% 6.06%	6.58% $1.57	06.17% $1.47	004% 6.58%	7.11% $1.69	06.55% $1.56	005% 7.11%
Pfd3H	PPL.PF.E PPL.PF.E CA7063277239	2028FEB15	07.33% $1.6203	5.88% $1.3	07.04% $1.55	013% 5.88%	6.23% $1.38	07.11% $1.57	013% 6.23%	6.80% $1.50	07.22% $1.59	013% 6.80%
Pfd2L	TRP-G TRP.PR.G CA87807B8592	2025NOV30	04.52% $0.8378	6.01% $1.12	05.50% $1.02	034% 6.01%	6.69% $1.24	05.92% $1.09	034% 6.69%	7.36% $1.37	06.38% $1.18	034% 7.36%
Pfd3H	PPL-Q PPL.PR.Q CA7063278146	2029MAR31	07.40% $1.651250	5.06% $1.13	07.40% $1.65	012% 5.06%	5.62% $1.25	07.40% $1.65	012% 5.62%	6.18% $1.38	07.40% $1.65	012% 6.18%
Pfd3H	PPL-I PPL.PR.I CA7063278062	2025DEC01	04.76% $1.0755	5.99% $1.35	05.55% $1.25	010% 5.99%	6.54% $1.48	05.92% $1.33	010% 6.54%	7.10% $1.60	06.27% $1.41	010% 7.10%

Compare Preferred Shares Of Pipeline Companies