Enbridge Dividends and Buybacks

Dividend criteria checks 3/6

Enbridge is a dividend paying company with a current yield of 5.96%. Next payment date is on 1st March, 2025 with an ex-dividend date of 14th February, 2025.

Key information

6.0%

Dividend yield

-1.8%

Buyback Yield

Total Shareholder Yield4.2%
Future Dividend Yield6.3%
Dividend Growth6.8%
Next dividend pay date01 Mar 25
Ex dividend date14 Feb 25
Dividend per shareCA$3.770
Payout ratio123%

Recent dividend and buyback updates

Enbridge (TSE:ENB) Will Pay A Larger Dividend Than Last Year At CA$0.9425

Dec 20
Enbridge (TSE:ENB) Will Pay A Larger Dividend Than Last Year At CA$0.9425

Enbridge (TSE:ENB) Is Paying Out A Larger Dividend Than Last Year

Dec 06
Enbridge (TSE:ENB) Is Paying Out A Larger Dividend Than Last Year

Recent updates

Enbridge (TSE:ENB) Will Pay A Larger Dividend Than Last Year At CA$0.9425

Dec 20
Enbridge (TSE:ENB) Will Pay A Larger Dividend Than Last Year At CA$0.9425

Enbridge (TSE:ENB) Is Paying Out A Larger Dividend Than Last Year

Dec 06
Enbridge (TSE:ENB) Is Paying Out A Larger Dividend Than Last Year

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

Dec 03
Here's Why Enbridge (TSE:ENB) Has A Meaningful Debt Burden

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

Upcoming Dividend Payment

TodayJan 15 2025Ex Dividend DateFeb 14 2025Dividend Pay DateMar 01 202515 days from Ex DividendBuy in the next 30 days to receive the upcoming dividend

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)1.8%
Market Top 25% (CA)6.4%
Industry Average (Oil and Gas)4.6%
Analyst forecast (ENB) (up to 3 years)6.3%

Notable Dividend: ENB's dividend (5.96%) is higher than the bottom 25% of dividend payers in the Canadian market (1.8%).

High Dividend: ENB's dividend (5.96%) is low compared to the top 25% of dividend payers in the Canadian market (6.43%).


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 (117.3%), ENB's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/15 00:43
End of Day Share Price 2025/01/14 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Enbridge Inc. is covered by 47 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
null nullArgus Research Company
John EadeArgus Research Company