Enbridge Dividend
Dividend criteria checks 3/6
Enbridge is a dividend paying company with a current yield of 6.06%.
Key information
6.1%
Dividend yield
140%
Payout ratio
Industry average yield | 4.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$2.42 |
Dividend yield forecast in 3Y | 6.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ENB.PRU's dividends per share have been stable in the past 10 years.
Growing Dividend: ENB.PRU's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Enbridge Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ENB.PRU) | 6.1% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Oil and Gas) | 4.7% |
Analyst forecast in 3 Years (ENB.PRU) | 6.4% |
Notable Dividend: ENB.PRU's dividend (6.06%) is higher than the bottom 25% of dividend payers in the Canadian market (2.06%).
High Dividend: ENB.PRU's dividend (6.06%) is low compared to the top 25% of dividend payers in the Canadian market (6.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (140.1%), ENB.PRU's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (209%), ENB.PRU's dividend payments are not well covered by cash flows.