Enbridge Dividends and Buybacks
Dividend criteria checks 3/6
Enbridge is a dividend paying company with a current yield of 6.12%. Next payment date is on 1st December, 2024 with an ex-dividend date of 15th November, 2024.
Key information
6.1%
Dividend yield
-1.9%
Buyback Yield
| Total Shareholder Yield | 4.2% |
| Future Dividend Yield | 6.5% |
| Dividend Growth | 7.8% |
| Next dividend pay date | 01 Dec 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | CA$3.660 |
| Payout ratio | 123% |
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) Will Pay A Larger Dividend Than Last Year At CA$0.915
Jan 23Recent updates
Enbridge Inc.'s (TSE:ENB) Popularity With Investors Is Under Threat From Overpricing
Oct 20Enbridge (TSE:ENB) Hasn't Managed To Accelerate Its Returns
Sep 10Here's Why Enbridge (TSE:ENB) Has A Meaningful Debt Burden
Aug 26Is There An Opportunity With Enbridge Inc.'s (TSE:ENB) 50% Undervaluation?
Jul 15Enbridge's (TSE:ENB) Solid Earnings May Rest On Weak Foundations
May 21Enbridge 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 23Stability 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) | 6.1% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Oil and Gas) | 4.4% |
| Analyst forecast (ENB) (up to 3 years) | 6.5% |
Notable Dividend: ENB's dividend (6.12%) is higher than the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: ENB's dividend (6.12%) is low compared to the top 25% of dividend payers in the Canadian market (6.13%).
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.