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Cramer Likes Enbridge’s Dividend-Paying Stock

Monday, 12 Dec 2011 | 7:06 PM ET
Cramer's High-Yielding Pipeline Play: ENB
"This company has never cut it's dividend." says Mad Money's Jim Cramer, discussing Enbridge's 3.17% yield, and growth prospects, with Patrick Daniel, Enbridge Inc CEO.

As the Euro crisis continues, Cramer recommends investors consider dividend-paying stocks that have zero exposure to Europe.

Take Enbridge , for example. It’s a high-yielding oil and gas pipeline company that is concentrated with production in North America – not Europe. It recently put through a 15 percent dividend boost, which brought the yield up to 3.15 perent.

To learn more about this company’s future prospects, Cramer spoke with CEO Patrick Daniel. Check out the video to see the full conversation.









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