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Enbridge's Earnings Slipped Last Quarter. Its Dividend Didn't. Here's What to Watch

Share prices of Enbridge (NYSE: ENB) have slipped more than 15% over the past three months since the midstream energy company reported that second-quarter adjusted earnings per share (EPS) had fallen 3% year over year to $0. 63. Normally, that might be a legitimate cause for concern, but in this case, it's a dramatic overreaction that investors can exploit. Here are three reasons Enbridge remains a buy, despite its recent stock slump.

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