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CA - Enbridge: Stability And Profitability Secure Rock-Solid Dividend Yield
June, 12 2024 09:50 AM
CA Inc.
2024-06-12 09:50:17 ET
Summary Despite flat stock performance, Enbridge's fundamentals are solid, with expanding profitability even in a challenging growth environment. Enbridge continues to invest heavily in future growth while maintaining a disciplined approach to capital allocation, ensuring stability. The company's 7.45% forward dividend yield is considered safe, and the stock is undervalued by approximately 8%, reinforcing a "Strong Buy" rating.
Investment thesis For further details see:
Enbridge: Stability And Profitability Secure Rock-Solid Dividend Yield
Stock Information
Company Name:
CA Inc.
Stock Symbol:
CA
Market:
NASDAQ
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