Enbridge Dividend
Dividend criteria checks 5/6
Enbridge is a dividend paying company with a current yield of 7.47%.
Key information
7.5%
Dividend yield
125%
Payout ratio
Industry average yield | 4.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$2.75 |
Dividend yield forecast in 3Y | 7.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ENB.PRV's dividends per share have been stable in the past 10 years.
Growing Dividend: ENB.PRV's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Enbridge Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ENB.PRV) | 7.5% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Oil and Gas) | 4.9% |
Analyst forecast in 3 Years (ENB.PRV) | 7.9% |
Notable Dividend: ENB.PRV's dividend (7.47%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: ENB.PRV's dividend (7.47%) is in the top 25% of dividend payers in the Canadian market (6.56%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (125%), ENB.PRV's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83.4%), ENB.PRV's dividend payments are covered by cash flows.