Reported 11 days ago
Enbridge, a Canadian pipeline and utility company, has a remarkable track record of paying dividends for over 69 years and has continuously increased its dividend for the past 29 years. With a current dividend yield of 6.5%, Enbridge operates with a low-risk business model and a strong financial foundation, allowing it to comfortably pay and potentially increase its dividends in the future. The company boasts a robust pipeline of $24 billion in secured capital projects, expected to drive earnings growth, making it an appealing investment for those seeking dependable income.
Source: YAHOO