Enbridge Dividend

What is Enbridge current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


6.19%

Current Dividend Yield

Dividend Yield vs Market

Enbridge Dividend Yield vs Market
How does ENB dividend yield compare to the market?
SegmentDividend Yield
Company (ENB)6.2%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)5.8%
Industry Average (Oil and Gas)4.5%
Analyst forecast in 3 Years (ENB)6.4%

Notable Dividend: ENB's dividend (6.19%) is higher than the bottom 25% of dividend payers in the Canadian market (1.84%).

High Dividend: ENB's dividend (6.19%) is in the top 25% of dividend payers in the Canadian market (5.79%)


Stability and Growth of Payments

How stable has Enbridge's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20243.6615
12/31/20233.5518
12/31/20223.4418
11/30/20223.446.19
11/4/20223.446.31
7/28/20223.446.39
5/5/20223.446.14
12/7/20213.446.39
11/3/20213.346.63
7/27/20213.346.61
5/6/20213.346.9
12/8/20203.347.49
11/4/20203.248.2
7/22/20203.247.97
5/5/20203.247.56
12/10/20193.246.91
11/6/20192.955.87
8/2/20192.956.41
4/23/20192.956.18
12/11/20182.956.26
11/2/20182.686.22
8/3/20182.686.11
4/24/20182.686.3
11/29/20172.686.07
11/2/20172.445.28
5/4/20172.444.74
1/5/20172.334.16
11/3/20162.123.76
7/29/20162.123.79
4/22/20162.124
12/3/20152.124.54
11/5/20151.863.81
7/31/20151.863.45
5/6/20151.863.17
12/5/20141.863.1
10/22/20141.42.66
7/30/20141.42.61
4/23/20141.42.7
12/4/20131.42.94
10/30/20131.262.81
8/1/20131.262.91
4/23/20131.262.75
12/6/20121.262.82
10/24/20121.132.87
8/2/20121.132.89
4/26/20121.132.8
12/7/20111.132.98

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.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (125.8%), ENB's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (167.8%), ENB's dividend payments are not well covered by cash flows.


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