This is an issue of straight preferred shares.
Wealth Builder
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Income Investor
Enbridge's Series A pays a whopping 38% higher quarterly dividend than any of its other Canadian dollar preferreds. As a result, it trades at a premium to par. If you already own it, it is a good one to keep. Others might shy away from buying a premium preferred and look for opportunities elsewhere. - Paul Bamford
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Only current subscribers of The Income Investor may view the details of this recommendation.
Interactive Performance Chart
ENB.PR.A was first recommended here on January 25, 2006