Q:

Is Endbridge stock a safe investment?

A:

Quick Answer

Because of the volatility of the stock exchange, stocks are not considered "safe." However, when compared to other stocks, Endbridge is a reliable choice. The Calgary-based energy company is the biggest distributor of national gas in Canada and makes billions of dollars annually.

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Full Answer

Shareholders who participate in Endbridge's dividend reinvestment plan, or DRIP, may have their dividends automatically reinvested into the purchase of more common stock. Dividend payments have been consistent throughout the years with each payment made regularly. The company opened its doors in 1949 as the Interprovincial Pipe Line Company.

Because the company's demand for services are routine and consistent, financial advisers recommend Endbridge as a long-term stock. According to the publication, The Motley Fool, some political backlash occurs from time to time over the installation of pipes. However, the billion-dollar company's status on the exchange is good. Therefore, investment professionals consider Endbridge stock a secure stock to own and a good value as an investment.

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