Which Enbridge Preferred should I Buy - www.canadianpreferredshares.ca

Which Enbridge Preferred Should I Buy

This compare tool helps you determine Which Enbridge Preferred you Should Buy. In this section we provide additional information to help you make the right decision. This information includes

  1. A number of what if scenarios for the 5 year resets. The scenarios are based on the various yields of the G.O.C. 5 year bond.
  2. A line graph chart with the historical yields of all preferreds issued.
  3. Links to the prospectus of each preferred.


 
 

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 RatingSymbolReset Date Y/M/DCurrent (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 )
Pfd3HENB-D ENB.PR.D CA29250N8816 2028MAR0108.06% $1.35305.77% $0.9607.60% $1.27049% 5.77%6.51% $1.0907.74% $1.30049% 6.51%7.26% $1.2207.90% $1.32049% 7.26%
Pfd3HENB-B ENB.PR.B CA29250N7099 2027JUN0107.85% $1.30045.89% $0.9707.16% $1.18051% 5.89%6.64% $1.1007.42% $1.23050% 6.64%7.40% $1.2307.70% $1.27051% 7.40%
Pfd3HENB-F ENB.PR.F CA29250N8659 2028JUN0108.09% $1.38455.86% $1.0007.75% $1.32046% 5.86%6.59% $1.1307.86% $1.34046% 6.59%7.32% $1.2507.97% $1.36046% 7.32%
Pfd3HENB-H ENB.PR.H CA29250N8402 2028SEP0108.38% $1.52804.96% $0.9008.04% $1.46037% 4.96%5.65% $1.0308.10% $1.47037% 5.65%6.34% $1.1608.17% $1.49037% 6.34%
Pfd3HENB-N ENB.PR.N CA29250N7743 2028DEC0108.19% $1.67405.08% $1.0408.03% $1.64022% 5.08%5.69% $1.1608.06% $1.64022% 5.69%6.30% $1.2908.09% $1.65022% 6.30%
Pfd3HENB-P ENB.PR.P CA29250N7586 2029MAR0108.29% $1.47955.60% $1.0008.28% $1.47040% 5.60%6.30% $1.1308.28% $1.47040% 6.30%7.00% $1.2508.28% $1.47040% 7.00%
Pfd3HENB-T ENB.PR.T CA29250N7339 2024JUN0105.53% $1.01845.43% $1.0005.43% $1.00035% 5.43%6.11% $1.1306.11% $1.12035% 6.11%6.79% $1.2506.73% $1.23035% 6.79%
Pfd3HENB-Y ENB.PR.Y CA29250N6836 2024SEP0105.31% $0.93445.51% $0.9705.49% $0.96042% 5.51%6.22% $1.1006.15% $1.08042% 6.22%6.93% $1.2206.76% $1.19042% 6.93%
Pfd3HENB-J ENB.PR.J CA29250N6422 2029MAR0108.22% $1.49705.59% $1.0208.22% $1.49037% 5.59%6.27% $1.1408.22% $1.49037% 6.27%6.96% $1.2708.22% $1.49037% 6.96%
Pfd3HENB.PF.A ENB.PF.A CA29250N6265 2024DEC0105.74% $1.02425.83% $1.0405.81% $1.03040% 5.83%6.53% $1.1706.43% $1.14040% 6.53%7.23% $1.2907.00% $1.25040% 7.23%
Pfd3HENB.PF.C ENB.PF.C CA29250N5929 2025MAR0105.74% $0.98526.03% $1.0406.00% $1.02045% 6.03%6.76% $1.1606.56% $1.12045% 6.76%7.49% $1.2907.16% $1.22045% 7.49%
Pfd3HENB.PF.E ENB.PF.E CA29250N5762 2025JUN0104.53% $0.76086.20% $1.0405.78% $0.97049% 6.20%6.95% $1.1706.36% $1.06049% 6.95%7.69% $1.2906.90% $1.15049% 7.69%
Pfd3HENB.PF.G ENB.PF.G CA29250N5507 2025SEP0104.49% $0.74586.29% $1.0505.76% $0.95050% 6.29%7.04% $1.1706.27% $1.04050% 7.04%7.79% $1.3006.82% $1.13050% 7.79%
Pfd3HENB.PF.K ENB.PF.K CA29250N5192 2028MAR0107.57% $1.55305.98% $1.2307.26% $1.48022% 5.98%6.30% $1.2907.31% $1.50021% 6.30%6.91% $1.4207.44% $1.52021% 6.91%
Pfd3HENB.PF.U $ ENB.PF.U CA29250N7909 2027SEP0107.28% $1.46405.78% $1.1606.82% $1.37024% 5.78%6.40% $1.2907.02% $1.41024% 6.40%7.02% $1.4107.19% $1.44024% 7.02%
Pfd3HENB.PF.V $ ENB.PF.V CA29250N6679 2029MAR0107.78% $1.67085.03% $1.0807.78% $1.67016% 5.03%5.62% $1.2107.78% $1.67016% 5.62%6.20% $1.3307.78% $1.67016% 6.20%
Pfd3HENB-V $ ENB.PR.V CA2920N7172 2028JUN0107.85% $1.67595.43% $1.1607.48% $1.59017% 5.43%6.02% $1.2907.57% $1.61017% 6.02%6.60% $1.4107.66% $1.63017% 6.60%




Current yields over time

The graph below shows the current yield of each Enbridge preferred share, over time. Place the mouse cursor over the graph to reveal data like (date, ticker and current Yield).
When viewing the graph below keep in mind the following
  1. The yield has an inverse relationshlp to the share price. As the share price rises towards face value the yield gets lower.
  2. For 5 year resets, at reset time the yield usually makes a substantial move up or down when the reset takes effect.




Reset yields over time

The graph below shows the projected reset yield of each Enbridge preferred share, over time. Place the mouse cursor over the graph to reveal data like (date, ticker and current Yield).
When viewing the graph below keep in mind the following
  1. This yield is projected based on todays 5yr GOC rate plus the spread of the preferred.
  2. This is a what if scenario. If the preferred was to reset today this would be the new yield.

ENBRIDGE Preferreds – Prospectus Information

Prospectus Information for each of the ENBRIDGE Preferreds is available in the links below. Going over the main parts of the prospectus will ensure you are looking at the right preferred.

ENB.PR.A: Series A
ENB.PR.B: Series B  converts to Series C
ENB.PR.D: Series D  converts to Series E
ENB.PR.F: Series F  converts to Series G
ENB.PR.H: Series H  converts to Series I
ENB.PR.J: Series 7  converts to Series 8
ENB.PR.N: Series N  converts to Series O
ENB.PR.P: Series P  converts to Series Q
ENB.PR.T: Series R  converts to Series S
ENB.PR.Y: Series 3  converts to Series 4
ENB.PF.A: Series 9  converts to Series 10
ENB.PF.C: Series 11 converts to Series 12
ENB.PF.E: Series 13 converts to Series 14
ENB.PF.G: Series 15 converts to Series 16
ENB.PF.I: Series 17 converts to Series 18
ENB.PF.K: Series 19 converts to Series 20
W.PR.K:   Series 10 converts to Series 11
W.PR.M:   Series 12 converts to Series 13

 

Click here to see the latest press releases related to Enbridge preferred shares.

Additional Information

Continue to Which Enbridge should I Buy – Page 1 of 2 where you can find:

  1. Enbridge Brief Overview
  2. Latest Enbridge Credit Ratings
  3. Enbridge Common Share Metrics
  4. Overall Preferred Share Metrics across all Enbridge preferreds
Back To Page 1/3
Which Enbridge Preferred should I Buy - www.canadianpreferredshares.ca

Additional Information

Continue to Enbridge Preferreds Consolidated Short Position Report page 3 of 3 where you can find

  1. Consolidated Short Position Reports for each Enbridge Preferred
Continue To Page 3/3