Enbridge Dividend
Dividend criteria checks 5/6
Enbridge is a dividend paying company with a current yield of 7.56%.
Key information
7.6%
Dividend yield
125%
Payout ratio
| Industry average yield | 4.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$2.75 |
| Dividend yield forecast in 3Y | 8.0% |
Recent dividend updates
Enbridge (TSE:ENB) Has Announced That It Will Be Increasing Its Dividend To CA$0.915
Feb 09
Enbridge (TSE:ENB) Will Pay A Larger Dividend Than Last Year At CA$0.915
Jan 23Enbridge's (TSE:ENB) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 09Enbridge's (TSE:ENB) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 26Enbridge (TSE:ENB) Is Paying Out A Larger Dividend Than Last Year
Dec 04Recent updates
Enbridge Inc.'s (TSE:ENB) Business Is Yet to Catch Up With Its Share Price
Apr 06Here's Why Enbridge (TSE:ENB) Has A Meaningful Debt Burden
Mar 01Enbridge (TSE:ENB) Has Announced That It Will Be Increasing Its Dividend To CA$0.915
Feb 09Enbridge Inc.'s (TSE:ENB) Intrinsic Value Is Potentially 34% Above Its Share Price
Feb 08Enbridge (TSE:ENB) Will Pay A Larger Dividend Than Last Year At CA$0.915
Jan 23Enbridge's (TSE:ENB) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 09Enbridge's (TSE:ENB) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 26Enbridge Inc.'s (TSE:ENB) Popularity With Investors Is Clear
Dec 19Enbridge (TSE:ENB) Is Paying Out A Larger Dividend Than Last Year
Dec 04Enbridge (TSE:ENB) Is Doing The Right Things To Multiply Its Share Price
Nov 24Calculating The Fair Value Of Enbridge Inc. (TSE:ENB)
Sep 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ENB's dividends per share have been stable in the past 10 years.
Growing Dividend: ENB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Enbridge Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ENB) | 7.6% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Oil and Gas) | 4.8% |
| Analyst forecast in 3 Years (ENB) | 8.0% |
Notable Dividend: ENB's dividend (7.56%) is higher than the bottom 25% of dividend payers in the Canadian market (1.92%).
High Dividend: ENB's dividend (7.56%) is in the top 25% of dividend payers in the Canadian market (6.49%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (125%), ENB'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's dividend payments are covered by cash flows.