Merry Christmas From Enbridge

"(Marketwire - Dec. 7, 2011) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) today announced that its Board of Directors has declared a quarterly dividend of $0.2825 per common share, payable on March 1, 2012 to shareholders of record on February 15, 2012. The dividend reflects a 15% increase from the prior quarterly rate. Enbridge also announced its 2012 guidance for adjusted earnings of $1.58 to $1.74 per share."

Well I received my Christmas present early this year. It seems like only yesterday I took a leap of faith... along with our 5 figure emergency fund and made my first purchase on the stock market. Even though the stock decreased 4% right after my initial purchase and my wife was about to kill me, I kept my cool because I knew this was a solid investment over the long term. I'd like to thank my brother for telling me about this wonderful company and in the future I look forward to increasing my holdings for the long haul.

I initially purchased my shares at $48.53 and my initial yield was 3.5%. A few years later with multiple dividend increases and amazing capital gains, my yield on my very first stock pick is now 4.65%. Making almost 5% a year on just one investment is huge, especially when the bank is paying me .25% in interest for my savings.

Do you own shares in Enbridge?