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Enbridge Cumulative Redeemable Minimum Rate Reset Preference Shares, Series 19 (TSX: ENB.PF.K)

This is a cumulative redeemable minimum rate reset preferred share, which does not reset its dividend for another two years. That gives it more time than other MRRPs for rates to possibly rise again – perhaps to the point where it might even reset above its floor rate.


Income Investor

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ENB.PF.K was first recommended here on March 27, 2021