Enbridge Dividends and Buybacks

Dividend criteria checks 3/6

Enbridge is a dividend paying company with a current yield of 6.04%.

Key information

6.0%

Dividend yield

-1.9%

Buyback Yield

Total Shareholder Yield4.2%
Future Dividend Yield6.4%
Dividend Growth7.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCA$3.660
Payout ratio123%

Recent dividend and buyback updates

Enbridge (TSE:ENB) Has Announced That It Will Be Increasing Its Dividend To CA$0.915

Feb 09
Enbridge (TSE:ENB) Has Announced That It Will Be Increasing Its Dividend To CA$0.915

Enbridge (TSE:ENB) Will Pay A Larger Dividend Than Last Year At CA$0.915

Jan 23
Enbridge (TSE:ENB) Will Pay A Larger Dividend Than Last Year At CA$0.915

Recent updates

Enbridge Inc.'s (TSE:ENB) Popularity With Investors Is Under Threat From Overpricing

Oct 20
Enbridge Inc.'s (TSE:ENB) Popularity With Investors Is Under Threat From Overpricing

Enbridge (TSE:ENB) Hasn't Managed To Accelerate Its Returns

Sep 10
Enbridge (TSE:ENB) Hasn't Managed To Accelerate Its Returns

Here's Why Enbridge (TSE:ENB) Has A Meaningful Debt Burden

Aug 26
Here's Why Enbridge (TSE:ENB) Has A Meaningful Debt Burden

Is There An Opportunity With Enbridge Inc.'s (TSE:ENB) 50% Undervaluation?

Jul 15
Is There An Opportunity With Enbridge Inc.'s (TSE:ENB) 50% Undervaluation?

Enbridge's (TSE:ENB) Solid Earnings May Rest On Weak Foundations

May 21
Enbridge's (TSE:ENB) Solid Earnings May Rest On Weak Foundations

Enbridge Inc.'s (TSE:ENB) Business Is Yet to Catch Up With Its Share Price

Apr 06
Enbridge Inc.'s (TSE:ENB) Business Is Yet to Catch Up With Its Share Price

Here's Why Enbridge (TSE:ENB) Has A Meaningful Debt Burden

Mar 01
Here's Why Enbridge (TSE:ENB) Has A Meaningful Debt Burden

Enbridge (TSE:ENB) Has Announced That It Will Be Increasing Its Dividend To CA$0.915

Feb 09
Enbridge (TSE:ENB) Has Announced That It Will Be Increasing Its Dividend To CA$0.915

Enbridge Inc.'s (TSE:ENB) Intrinsic Value Is Potentially 34% Above Its Share Price

Feb 08
Enbridge Inc.'s (TSE:ENB) Intrinsic Value Is Potentially 34% Above Its Share Price

Enbridge (TSE:ENB) Will Pay A Larger Dividend Than Last Year At CA$0.915

Jan 23
Enbridge (TSE:ENB) Will Pay A Larger Dividend Than Last Year At CA$0.915

Stability 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
How does ENB dividend yield compare to the market?
SegmentDividend Yield
Company (ENB)6.0%
Market Bottom 25% (CA)1.7%
Market Top 25% (CA)6.1%
Industry Average (Oil and Gas)4.4%
Analyst forecast (ENB) (up to 3 years)6.4%

Notable Dividend: ENB's dividend (6.04%) is higher than the bottom 25% of dividend payers in the Canadian market (1.73%).

High Dividend: ENB's dividend (6.04%) is low compared to the top 25% of dividend payers in the Canadian market (6.07%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (123.5%), ENB'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's dividend payments are not well covered by cash flows.


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