Comparing Enbridge and Energy Transfer: Which High-Yield Dividend Stock is Better Right Now?

Reported 4 days ago

Enbridge and Energy Transfer have both seen significant stock growth over the past year, but their business models and financial metrics differ. Enbridge, with a higher market cap and a strong dividend growth history, offers a yield of 6.05%, while Energy Transfer's yield is slightly higher at 6.58%. Despite Energy Transfer having better valuation metrics, including a lower price-to-earnings ratio, Enbridge's stability may appeal more to conservative investors. Ultimately, both stocks have their merits, but Energy Transfer is viewed as the better buy for income investors looking for higher yields.

Source: YAHOO

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