Reported 6 months ago
Enbridge, known for its 7.4% dividend yield and 29-year streak of increasing payouts, operates one of the largest energy pipeline networks in North America, alongside regulated natural gas utility operations and renewable power assets. While Enbridge offers stability and an attractive yield, its long-term growth prospects may be limited, with recent dividend increases below historical averages. As the company prioritizes dividend sustainability and yield over rapid growth, investors seeking faster dividend growth may want to explore other options. Reuben Gregg Brewer has positions in Dominion Energy and Enbridge; The Motley Fool has positions in and recommends Enbridge, and recommends Dominion Energy.
Source: YAHOO