>> WELCOME BACK. WE'RE HUNTING FOR YIELD WITH JENNY HARRINGTON. HER TOP DIVIDEND PLAYS FOR THE NEW YEAR.OKAY. YOU HAVE FOR FOR OUR VIEWERS. LET'S GO THROUGH THEM.>> OKAY I TRIED TO DO IT LIKE A CHRISTMAS PRESENT. SO I'M GIVING YOU A WIDE VARIETY, A REIT, A MATERIAL AND ENERGY AND A HEALTHCARE STOCK. WE'VE GOT AMCOR, BRISTOL-MYERS, ENBRIDGE AND VICHY.MOST OF THEM HAVE ABOUT A 6% YIELD OTHER THAN BRISTOL-MYERS, WHICH IS ABOUT 4.5%. THEY'RE ALL IN THAT KIND OF TEN TIMES EARNINGS RANGE. THEY ALL HAVE DECENT EAR ...

Company Overview - Enbridge (ENB) has shown relatively flat performance since the last analysis, despite a bullish outlook on the company's investment plans, particularly regarding the Mainline [1] - The focus is on analyzing undervalued and disliked companies or industries with strong fundamentals and good cash flows, particularly in sectors like Oil & Gas and consumer goods [1] Investment Strategy - The investment strategy emphasizes long-term value investing while also exploring potential deal arbitrage opportunities, such as those seen with Microsoft/Activision Blizzard and Spirit Airlines/Jetblue [1] - There is a preference for companies that are understandable, avoiding high-tech and certain consumer goods sectors, while expressing skepticism towards cryptocurrencies [1] Community Engagement - The aim is to connect with like-minded investors through platforms like Seeking Alpha, sharing insights and building a collaborative community focused on superior returns and informed decision-making [1]

Core Viewpoint - A U.S. judge has blocked the enforcement of a 2020 order by the state of Michigan to shut down Enbridge's Line 5 pipeline, which runs beneath a channel connecting two of the Great Lakes [1] Group 1 - The ruling allows Enbridge to continue operating the Line 5 pipeline, which is significant for energy transportation in the region [1] - The decision highlights ongoing legal and regulatory challenges surrounding energy infrastructure in the Great Lakes area [1]

Core Insights - iREIT+HOYA Capital focuses on income-producing asset classes that provide sustainable portfolio income, diversification, and inflation hedging [1][2] - The investment strategy emphasizes accumulating "sleep well at night" stocks over time at attractive or fair valuations, promoting a buy-and-hold approach [2] Investment Strategy - The investment group targets high-yield, dividend growth opportunities, offering portfolios with dividend yields up to 10% [2] - Research is provided on various asset classes including REITs, ETFs, closed-end funds, preferreds, and dividend champions [2] Experience and Expertise - The investment group is led by individuals with significant experience in finance, including over 14 years in investment and an MBA in Finance [2]

Core Insights - iREIT+HOYA Capital focuses on income-producing asset classes that provide sustainable portfolio income, diversification, and inflation hedging [1][2] - The investment strategy emphasizes accumulating defensive stocks over time at attractive valuations, aiming for dependable monthly income and portfolio diversification [2] Investment Strategy - The investment group targets high-yield, dividend growth opportunities across various asset classes, including REITs, ETFs, closed-end funds, preferreds, and dividend champions [2] - Income-focused portfolios are designed to achieve dividend yields of up to 10% [2] Experience and Expertise - The investment group is led by individuals with extensive experience in finance and investment, including over 14 years in the field and an MBA in Finance [2]

Core Insights - High winter electricity costs are prompting a significant policy shift in the Northeast, creating growth opportunities for natural gas transportation [2][9] - Regulatory changes are enabling the revival of canceled pipeline projects and expansion of existing infrastructure to meet rising demand [7][9] Infrastructure Challenges - The Northeast, especially New York and New England, has faced challenges due to insufficient natural gas infrastructure, leading to price volatility during winter [3][4] - The region's dependence on natural gas for heating and power exacerbates this volatility, with heating demand consuming nearly all available pipeline capacity [6] Price Trends - The U.S. natural gas benchmark Henry Hub recently closed above $5 for the first time since 2022, with Marcellus prices more than doubling from $2.87/MMBtu to $5.89/MMBtu between November 7 and December 8 [5] - Spot prices in New York surged from $3.04/MMBtu to $12.24/MMBtu, while New England prices rose from $3.57/MMBtu to $21.28/MMBtu during the same period [5] Regulatory Developments - Voter frustration over high electricity bills has led to a reconsideration of infrastructure needs, with state regulators clearing obstacles for projects like Williams' Northeast Supply Enhancement (NESE) [7][8] - Williams is also reviving the Constitution Pipeline, which aims to transport 650 million cubic feet per day (MMcf/d) of Marcellus supply [12] Project Details - The NESE project is set to add 400 MMcf/d of capacity and is targeting a 4Q27 in-service date [11] - Smaller expansions are also being pursued by Iroquois and Enbridge, with Iroquois planning a compression-only expansion to add 125 MMcf/d of capacity [14][15] Market Implications - The revival of natural gas infrastructure projects is expected to alleviate supply constraints and stabilize prices in the Northeast [9][17] - The recent acquisition of the Portland Natural Gas Transmission System for $1.14 billion highlights the value of existing infrastructure in the region [16]

Core Insights - Enbridge has consistently increased its cash flow and dividends over the past five years, establishing itself as a major player in North America's energy infrastructure sector [1][6] - The company transports approximately 30% of the continent's crude oil and nearly 20% of the natural gas consumed in the U.S., while also being a leading investor in renewable energy [1] Performance Overview - Over the past five years, Enbridge's stock has returned 39.9%, with a total return of 94.4% when including reinvested dividends, outperforming the S&P 500 in total return despite underperforming in stock price alone during the three- and five-year periods [4] - The current dividend yield stands at 5.8%, contributing significantly to the total return for investors [4][6] Growth Drivers - Enbridge has focused on expanding and diversifying its energy infrastructure through substantial investments in organic capital projects across its four core franchises: liquids pipelines, gas transmission, gas distribution, and power [6][7] - The company made a significant acquisition in 2023, purchasing three U.S. natural gas utilities from Dominion for $14 billion, which shifted its earnings mix and expanded its gas distribution platform [7] Earnings and Dividend Growth - Enbridge has achieved low-to-mid single-digit compound annual growth rates in earnings, cash flow per share, and dividends over the past five years, supported by its high-yielding and steadily increasing dividend [7][8] - The company has maintained a dividend growth streak of 31 consecutive years, which has been a key factor in its market-beating total return [7] Investment Strategy - Enbridge's strategy emphasizes steady growth rather than rapid expansion, allowing for consistent earnings growth and dividend increases, which has proven beneficial for investors over the past five years [8]

Core Viewpoint - The article emphasizes the importance of finding reliable high-yield stocks in the energy sector, specifically highlighting Enterprise Products Partners and Enbridge as strong investment choices due to their consistent dividend payments and solid business models [2][9]. Industry Overview - The energy sector is essential for modern life but is characterized by volatility due to fluctuating prices of oil and natural gas [3]. - The sector is divided into three segments: upstream (production), midstream (transportation and storage), and downstream (processing) [5]. - Midstream companies are less affected by commodity price fluctuations, focusing instead on the volume of energy transported [5]. Company Analysis - Enterprise Products Partners (EPD) has a market cap of $70 billion, a dividend yield of 6.71%, and has increased its distribution for 27 consecutive years, making it a reliable choice for conservative investors [8][9]. - Enbridge (ENB) has a market cap of $103 billion, a dividend yield of 5.68%, and has increased its dividend for 30 years, offering a diversified portfolio that includes oil and natural gas pipelines, regulated utilities, and clean energy investments [10][16]. - Both companies have maintained strong balance sheets and have shown resilience during market downturns, with Enterprise's distributable cash flow covering its distribution by 1.7 times [12]. Investment Considerations - While higher yields may attract investors to companies like Energy Transfer, the historical distribution cut in 2020 raises concerns about reliability [7][14]. - The article suggests that lower-yielding but more consistent options like Enterprise and Enbridge provide a better risk-reward ratio for dividend investors [15].

Core Insights - Income-based investments, particularly those linked to tangible assets, have historically proven to be reliable over the long term, despite recent fluctuations in the Dow Jones Average and S&P 500 due to Federal Reserve policies [1][2] Investment Opportunities - Investors are encouraged to consider real estate and energy sectors for income-based investments, as these sectors are less dependent on interest rates compared to bonds [3] - The Global X SuperDividend REIT ETF (SRET) offers a high yield of 7.95%, providing diversification and risk mitigation through a portfolio of global REITs [5][6] - The Westwood Salient Enhanced Midstream Income ETF (MDST) yields 10.27% and focuses on midstream companies, which are crucial for energy distribution [10][11] Performance Metrics - SRET has a net asset value of $207.99 million, an expense ratio of 0.58%, and a year-to-date return of 17.82% [6] - MDST has a net asset value of $167.9 million, an expense ratio of 0.80%, and a year-to-date return of 8.06% [10] Sector Analysis - Real Estate Investment Trusts (REITs) are highlighted as a beneficial investment avenue, allowing investors to gain from real estate income without the burdens of property management [4] - Midstream companies are essential for the transportation and processing of oil and gas, with similar profit distribution requirements as REITs [9][11]

Group 1 - Enbridge Inc. is a highly diversified midstream company with a market capitalization exceeding $100 billion [2] - The company offers an attractive dividend yield of nearly 6% and is investing billions in growth initiatives [2] - Enbridge is recognized as a premier provider of takeaway capacity in the energy sector [2] Group 2 - The Retirement Forum focuses on actionable investment ideas, high-yield retirement portfolios, and macroeconomic outlooks to enhance capital and income [1] - The Value Portfolio employs a fact-based research strategy, analyzing 10Ks, analyst commentary, market reports, and investor presentations to identify investment opportunities [2] - The leader of The Retirement Forum invests real money in the stocks recommended, providing model portfolios and in-depth company analysis [2]