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Stock impact report

How Lucrative is Enbridge's Dividend Yield Compared to the Industry? [Yahoo! Finance]

Enbridge Inc (ENB) 
Last enbridge inc earnings: 2/14 07:00 am Check Earnings Report
US:NYSE Investor Relations: enbridge.com/investment-center/dashboard
Company Research Source: Yahoo! Finance
Due to the very nature of the business model, the company is not vulnerable to the volatility in oil and natural gas prices. ENB is also well-positioned to generate incremental cash flows for shareholders. This fact is getting reflected in the midstream giant's more than C$30 billion in secured capital projects. This includes projects related to liquid pipelines, gas transmissions, renewables and gas distribution & storage. Once the projects come online, ENB will generate additional cash flows to support shareholders' dividend payments. In fact, Enbridge has been rewarding shareholders with dividend hikes for 31 consecutive years. The current dividend yield of ENB is 5.9%, which is higher than the average of 5.36% of the composite stocks belonging to the industry. In fact, ENB's three-year median dividend yield of 6.66% is also higher than the 6.06% yield of the industry's composite stocks, reflecting the handsome yield of the midstream energy major. Kinder Morgan Inc. KMI and Show less Read more
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