Enbridge Dividends and Buybacks
Dividend criteria checks 3/6
Enbridge is a dividend paying company with a current yield of 6.02%.
Key information
6.0%
Dividend yield
-1.9%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 6.4% |
| Dividend Growth | 7.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$3.660 |
| Payout ratio | 123% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ENB.PRJ's dividends per share have been stable in the past 10 years.
Growing Dividend: ENB.PRJ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Enbridge Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ENB.PRJ) | 6.0% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Oil and Gas) | 4.4% |
| Analyst forecast (ENB.PRJ) (up to 3 years) | 6.4% |
Notable Dividend: ENB.PRJ's dividend (6.02%) is higher than the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: ENB.PRJ's dividend (6.02%) is low compared to the top 25% of dividend payers in the Canadian market (6.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (123.5%), ENB.PRJ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (113.9%), ENB.PRJ's dividend payments are not well covered by cash flows.