Enbridge: A Top Dividend Stock with 6% Yield for Income Investors

Reported 14 days ago

Enbridge, a Canadian pipeline and utility operator, has an impressive 69-year track record of dividend payments, increasing them annually for the past 29 years. With a current dividend yield above 6%, it outperforms alternatives like treasury bonds and index funds, making it an attractive choice for income-seeking investors. The company's stable earnings, low-risk business model, and prospects for continued growth underscore its reputation as a 'Dividend Aristocrat,' positioning it as a compelling investment opportunity.

Source: YAHOO

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