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TSX dividend stocks such as Enbridge and TC Energy offer investors dividend yields of more than 7% in 2023. The post 3 Oversold Dividend Stocks (With a 7% Yield) I’d Buy Right Now appeared first on The Motley Fool Canada.
Shares in North American energy infrastructure company Enbridge (NYSE: ENB) were up by almost 2.5% by midday today. The move comes after a Credit Suisse analyst upgraded the stock from underperform to neutral. The upgrade follows some positive news flow regarding the French government's decision to select EDF Renewables and Maple Power (a joint venture between Enbridge and the Canadian Pension Plan Investment Board) to develop France's largest offshore wind farm near Normandy.
Enbridge (ENB), EDF Renewables and its partners are set to develop the sixth offshore wind project off Normandy, one of the largest in France.