{"id":582892,"date":"2025-07-11T01:35:49","date_gmt":"2025-07-11T08:35:49","guid":{"rendered":"https:\/\/nai500.com\/?p=582892"},"modified":"2025-07-11T01:39:57","modified_gmt":"2025-07-11T08:39:57","slug":"%e5%a4%9a%e4%ba%a4%e6%89%80-%e8%93%9d%e7%ad%b9-%e8%82%a1%e6%81%af%e8%82%a1-2025%e5%b9%b4-%e4%b8%8b%e5%8d%8a%e5%b9%b4-%e7%a8%b3%e5%81%a5-%e6%8a%95%e8%b5%84-%e9%a6%96%e9%80%89","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2025\/07\/%e5%a4%9a%e4%ba%a4%e6%89%80-%e8%93%9d%e7%ad%b9-%e8%82%a1%e6%81%af%e8%82%a1-2025%e5%b9%b4-%e4%b8%8b%e5%8d%8a%e5%b9%b4-%e7%a8%b3%e5%81%a5-%e6%8a%95%e8%b5%84-%e9%a6%96%e9%80%89\/","title":{"rendered":"\u591a\u4ea4\u6240\u56db\u5927\u84dd\u7b79\u80a1\u606f\u80a1\uff1a2025\u5e74\u4e0b\u534a\u5e74\u7a33\u5065\u6295\u8d44\u9996\u9009"},"content":{"rendered":"<p>\u5728\u5f53\u4eca\u5145\u6ee1\u4e0d\u786e\u5b9a\u6027\u7684\u5e02\u573a\u73af\u5883\u4e2d\uff0c\u80fd\u591f\u63d0\u4f9b\u7a33\u5b9a\u73b0\u91d1\u6d41\u7684\u9ad8\u8d28\u91cf\u80a1\u606f\u80a1\u6b63\u6210\u4e3a\u52a0\u62ff\u5927\u6295\u8d44\u8005\u7684\u6838\u5fc3\u914d\u7f6e\u3002\u5728\u591a\u4f26\u591a\u8bc1\u5238\u4ea4\u6613\u6240\uff0c\u4e00\u4e9b\u5177\u6709\u6570\u5341\u5e74\u8fde\u7eed\u5206\u7ea2\u589e\u957f\u8bb0\u5f55\u7684\u52a0\u62ff\u5927\u84dd\u7b79\u4f01\u4e1a\uff0c\u6b63\u51ed\u501f\u4e0d\u53ef\u66ff\u4ee3\u7684\u884c\u4e1a\u5730\u4f4d\u3001\u7a33\u5065\u7684\u5546\u4e1a\u6a21\u5f0f\u548c\u53ef\u6301\u7eed\u7684\u6d3e\u606f\u653f\u7b56\uff0c\u6210\u4e3a\u6784\u5efa\u957f\u671f\u88ab\u52a8\u6536\u5165\u7ec4\u5408\u7684\u57fa\u77f3\u3002<\/p>\n<h2><strong><b>Enbridge\uff1a\u80fd\u6e90\u57fa\u7840\u8bbe\u65bd\u4e4b\u738b<\/b><\/strong><\/h2>\n<p>\u4f5c\u4e3a\u5317\u7f8e\u6700\u5927\u7684\u80fd\u6e90\u57fa\u7840\u8bbe\u65bd\u516c\u53f8\uff0c<strong><b>Enbridge<\/b><\/strong>\u00a0(<a href=\"https:\/\/nai500.com\/zh-hans\/%E8%82%A1%E7%A5%A8%E6%9F%A5%E8%AF%A2\/?qm_symbol=ENB%3ACA\">TSX:ENB<\/a>)\u4fdd\u6301\u7740\u52a0\u62ff\u5927\u4e0a\u5e02\u516c\u53f8\u4e2d\u6700\u957f\u7684\u5206\u7ea2\u7eaa\u5f55\u2014\u2014\u8fde\u7eed70\u5e74\u6d3e\u606f\u4e1430\u5e74\u6301\u7eed\u589e\u957f\u3002\u5f53\u524d\u5b63\u5ea6\u80a1\u606f\u4e3a\u6bcf\u80a10.943\u52a0\u5143\uff0c\u80a1\u606f\u7387\u9ad8\u8fbe6.3%\u3002<\/p>\n<p>\u8fd9\u53ea\u52a0\u62ff\u5927\u80fd\u6e90\u80a1\u7684\u6838\u5fc3\u7ade\u4e89\u529b\u5728\u4e8e\uff1a\u62e5\u6709\u5317\u7f8e\u6700\u5927\u7684\u539f\u6cb9\u548c\u5929\u7136\u6c14\u7ba1\u9053\u7f51\u7edc\uff0c\u7ea695%\u6536\u5165\u6765\u81ea\u957f\u671f\u7167\u4ed8\u4e0d\u8bae\u5408\u540c\uff1b\u53ef\u518d\u751f\u80fd\u6e90\u8d44\u4ea7\u7ec4\u5408\u89c4\u6a21\u8fbe66\u4ebf\u52a0\u5143\uff0c\u5305\u62ec\u6b27\u6d32\u6d77\u4e0a\u98ce\u7535\u548c\u5317\u7f8e\u592a\u9633\u80fd\u9879\u76ee\uff1b2025\u5e74\u9884\u8ba1\u53ef\u5206\u914d\u73b0\u91d1\u6d41\uff08DCF\uff09\u589e\u957f5-7%\uff0c\u652f\u649160-70%\u7684\u5065\u5eb7\u6d3e\u606f\u6bd4\u7387\u3002<\/p>\n<p>\u5206\u6790\u5e08\u7279\u522b\u6307\u51fa\uff0c\u968f\u7740Woodfibre LNG\u7b49\u65b0\u9879\u76ee\u6295\u4ea7\uff0c\u672a\u6765\u4e09\u5e74\u590d\u5408\u589e\u957f\u7387\u6709\u671b\u7ef4\u63016%\u4ee5\u4e0a\uff0c\u4e3a\u80a1\u606f\u589e\u957f\u63d0\u4f9b\u6301\u7eed\u52a8\u529b\u3002<\/p>\n<h2><strong><b>\u52a0\u62ff\u5927\u56fd\u5bb6\u94c1\u8def<\/b><\/strong><strong><b>\u516c\u53f8<\/b><\/strong><strong><b>\uff1a<\/b><\/strong><strong><b>\u52a0\u62ff\u5927<\/b><\/strong><strong><b>\u7ecf\u6d4e\u547d\u8109\u5b88\u62a4\u8005<\/b><\/strong><\/h2>\n<p>\u8fd9\u5bb6\u6a2a\u8de8\u4e09\u5927\u6d0b\u7684\u94c1\u8def\u5de8\u5934\u5df2\u5b9e\u73b029\u5e74\u8fde\u7eed\u5206\u7ea2\u589e\u957f\uff0c2025\u5e74\u6700\u65b0\u8c03\u53475%\u81f3\u6bcf\u80a10.83\u52a0\u5143\u5b63\u5ea6\u80a1\u606f\uff08\u5e74\u53162.5%\u6536\u76ca\u7387\uff09\u3002\u52a0\u62ff\u5927\u56fd\u5bb6\u94c1\u8def\u516c\u53f8<strong>Canadian National Railway<\/strong>\u00a0(<a class=\"tickerized-link\" href=\"https:\/\/nai500.com\/zh-hans\/%E8%82%A1%E7%A5%A8%E6%9F%A5%E8%AF%A2\/?qm_symbol=CNR%3ACA\" data-uw-rm-brl=\"PR\" data-uw-original-href=\"https:\/\/www.fool.ca\/company\/tsx-cnr-canadian-national-railway-company\/342454\/\">TSX:CNR<\/a>)\u5728\u52a0\u62ff\u5927\u7ecf\u6d4e\u6d3b\u52a8\u4e2d\u626e\u6f14\u7684\u89d2\u8272\u4e3e\u8db3\u8f7b\u91cd\uff0c\u8fd0\u8425\u7740\u52a0\u62ff\u5927\u552f\u4e00\u8d2f\u901a\u4e1c\u897f\u6d77\u5cb8\u7684\u94c1\u8def\u7f51\u7edc\uff0c\u627f\u62c5\u5168\u56fd25%\u7684\u8d27\u8fd0\u91cf\u3002\u9664\u6b64\u4e4b\u5916\uff0c\u81ea\u52a8\u5316\u6539\u9020\u4f7f\u5176\u8fd0\u8425\u6548\u7387\u63d0\u534713%\uff0c2025\u5e74\u8c03\u6574\u540eEPS\u9884\u8ba1\u589e\u957f10-15%\u3002<\/p>\n<p>\u6469\u6839\u58eb\u4e39\u5229\u9884\u6d4b\uff0c\u8003\u8651\u5230\u4e0e\u7535\u52a8\u6c7d\u8f66\u4ea7\u4e1a\u94fe\u76f8\u5173\u7684\u7279\u79cd\u5316\u5b66\u54c1\u8fd0\u8f93\u91cf\u5e74\u589e21%\uff0c\u6210\u4e3a\u65b0\u589e\u957f\u70b9\uff0c\u51ed\u501f\u5b9a\u4ef7\u6743\u548c\u6210\u672c\u63a7\u5236\u80fd\u529b\uff0c\u56fd\u5bb6\u94c1\u8def\u516c\u53f8\u672a\u6765\u4e94\u5e74\u80a1\u606f\u5e74\u589e\u957f\u7387\u5c06\u4fdd\u6301\u57287-9%\u533a\u95f4\u3002<\/p>\n<h2><strong><b>Fortis\uff1a\u516c\u7528\u4e8b\u4e1a\u9886\u57df\u7684\u201d\u80a1\u606f\u8d35\u65cf\u201d<\/b><\/strong><\/h2>\n<p>\u8fd9\u5bb6\u62e5\u670951\u5e74\u8fde\u7eed\u589e\u606f\u7eaa\u5f55\u7684\u516c\u7528\u4e8b\u4e1a\u96c6\u56e2\uff0c\u582a\u79f0\u52a0\u62ff\u5927\u6700\u53ef\u9760\u7684\u201c\u6536\u5165\u673a\u5668\u201d\u3002<strong><b>Fortis<\/b><\/strong>\u00a0(<a href=\"https:\/\/nai500.com\/zh-hans\/%E8%82%A1%E7%A5%A8%E6%9F%A5%E8%AF%A2\/?qm_symbol=FTS%3ACA\">TSX:FTS<\/a>)\u80a1\u7968\u7684\u6838\u5fc3\u4f18\u52bf\u5728\u4e8e\uff1a100%\u53d7\u76d1\u7ba1\u8d44\u4ea7\u6784\u6210\uff0c\u8986\u76d6\u5317\u7f8e10\u4e2a\u5dde\u7684\u7535\u529b\/\u5929\u7136\u6c14\u5206\u9500\u7f51\u7edc\uff1b235\u4ebf\u52a0\u5143\u7684\u4e94\u5e74\u8d44\u672c\u8ba1\u5212\u5c06\u63a8\u52a8\u8d39\u7387\u57fa\u7840\u5e74\u5747\u589e\u957f6.5%\uff1b\u5f53\u524d3.8%\u7684\u80a1\u606f\u7387\u914d\u54084-6%\u7684\u5e74\u589e\u957f\u6307\u5f15\uff0c\u6784\u6210\u201c\u6536\u76ca+\u589e\u957f\u201d\u53cc\u5f15\u64ce\u3002<\/p>\n<p>\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0c\u8be5\u516c\u53f8\u6700\u65b0\u6536\u8d2d\u7684\u4e9a\u5229\u6851\u90a3\u5dde\u8f93\u914d\u7535\u8d44\u4ea7\u5c06\u8d21\u732e2026\u5e74\u8d77\u6bcf\u5e741.2\u4ebf\u52a0\u5143\u65b0\u589e\u73b0\u91d1\u6d41\uff0c\u8fdb\u4e00\u6b65\u5de9\u56fa\u6d3e\u606f\u80fd\u529b\u3002<\/p>\n<h2><strong><b>\u52a0\u62ff\u5927\u7687\u5bb6\u94f6\u884c\uff1a\u91d1\u878d\u4e1a\u7684\u5b9a\u6d77\u795e\u9488<\/b><\/strong><\/h2>\n<p>\u4f5c\u4e3a\u52a0\u62ff\u5927\u7cfb\u7edf\u6027\u91cd\u8981\u94f6\u884c\uff0c\u52a0\u62ff\u5927\u7687\u5bb6\u94f6\u884c<strong><b>Royal Bank of Canada<\/b><\/strong>\u00a0(<a href=\"https:\/\/nai500.com\/zh-hans\/%E8%82%A1%E7%A5%A8%E6%9F%A5%E8%AF%A2\/?qm_symbol=RY%3ACA\">TSX:RY<\/a>)\u4fdd\u6301\u7740\u91d1\u878d\u5371\u673a\u671f\u95f4\u4e5f\u672a\u66fe\u4e2d\u65ad\u7684\u6d3e\u606f\u8bb0\u5f55\u3002\u5176\u80a1\u606f\u6295\u8d44\u4eae\u70b9\u5305\u62ec\uff1a\u8fc7\u53bb\u5341\u5e74\u80a1\u606f\u5e74\u5316\u589e\u957f8%\uff0c\u8fdc\u8d85\u540c\u4e1a5%\u7684\u5e73\u5747\u6c34\u5e73\uff1b\u6570\u5b57\u5316\u6539\u9769\u4f7f\u6548\u7387\u6bd4\u7387\u6539\u5584\u81f353.1%\uff0c\u652f\u649140-50%\u7684\u53ef\u6301\u7eed\u6d3e\u606f\u6bd4\u7387\uff1b\u8d22\u5bcc\u7ba1\u7406\u4e1a\u52a1AUM\u7a81\u78341.6\u4e07\u4ebf\u52a0\u5143\uff0c\u63d0\u4f9b\u7a33\u5b9a\u7684\u624b\u7eed\u8d39\u6536\u5165\u3002<\/p>\n<p>\u9053\u660e\u8bc1\u5238\u7814\u7a76\u5206\u6790\u663e\u793a\uff0c\u52a0\u62ff\u5927\u7687\u5bb6\u94f6\u884c\u7684\u4e00\u7ea7\u8d44\u672c\u5145\u8db3\u738714.2%\u5904\u4e8e\u884c\u4e1a\u9876\u7aef\uff0c\u8db3\u4ee5\u652f\u6301\u7ba1\u7406\u5c427%\u7684\u4e2d\u671f\u80a1\u606f\u589e\u957f\u76ee\u6807\u3002<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5728\u5f53\u4eca\u5145\u6ee1\u4e0d\u786e\u5b9a\u6027\u7684\u5e02\u573a\u73af\u5883\u4e2d\uff0c\u80fd\u591f\u63d0\u4f9b\u7a33\u5b9a\u73b0\u91d1\u6d41\u7684\u9ad8\u8d28\u91cf\u80a1\u606f\u80a1\u6b63\u6210\u4e3a\u52a0\u62ff\u5927\u6295\u8d44\u8005\u7684\u6838\u5fc3\u914d\u7f6e\u3002\u5728\u591a\u4f26\u591a\u8bc1\u5238\u4ea4\u6613 [&hellip;]<\/p>\n","protected":false},"author":31,"featured_media":550535,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1521,430],"tags":[2170,2247,1859,2426],"class_list":["post-582892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1521","category-trends-strategies-zh-hans","tag-2170","tag-2247","tag-1859","tag-2426","sectors-2103","sectors-oil-gas-zh-hans","sectors-financial-products-zh-hans","locations-canada-zh-hans","exchange-tsx-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/582892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=582892"}],"version-history":[{"count":2,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/582892\/revisions"}],"predecessor-version":[{"id":582910,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/582892\/revisions\/582910"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/550535"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=582892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=582892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=582892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}