TransCanada and Enbridge: Dividend Yields Look Attractive
TransCanada (TRP) and Enbridge (ENB) are trading at attractive yields of 5.1% and 6.5%, respectively. TransCanada raised its dividend in the first quarter, marking the 18th consecutive year of dividend increases. TransCanada expects its annual dividend growth rate to range from 8.0% to 10.0% through 2021.