Enbridge: A Resilient Dividend Stock Even in a Recession

Reported about 2 months ago

As concerns mount over a potential recession, Enbridge, a leading North American pipeline and utility operator, stands out for its resilience, having consistently paid and increased its dividends for over 69 years. The company's stable cash flow and conservative financial strategy position it to grow its nearly 7% yield in the coming year, regardless of economic downturns. With significant investments and an extensive backlog of capital projects, Enbridge is expected to continue its track record of solid dividend payments.

Source: YAHOO

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