Enbridge Dividend
Dividend criteria checks 5/6
Enbridge is a dividend paying company with a current yield of 7.16%. Next payment date is on 1st June, 2024 with an ex-dividend date of 14th May, 2024.
Key information
7.2%
Dividend yield
125%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | 01 Jun 24 |
| Ex dividend date | 14 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$2.75 |
| Dividend yield forecast in 3Y | 7.6% |
Recent dividend updates
Recent updates
Enbridge: The Goldilocks Stock With Catalysts
Apr 26Enbridge: The Dip Is An Opportunity For Appreciation And Income As The Dividend Approaches 8%
Apr 19Buy These 2 Very High Yielding Preferred Stock Bargains From Enbridge
Apr 04Enbridge: Vast Upside Potential And Compelling Yield
Mar 28Enbridge: Market's Near-Term View Vs. The Long-Term View
Mar 19Enbridge: I'm Buying This 7.6%-Yielding Dividend Aristocrat Now
Mar 10Enbridge: Buy This 7.7% Yield While The Market Is Asleep
Feb 11Enterprise Products Partners Vs. Enbridge: Both Have Gas, But One Has More
Feb 05Enbridge Offers A 7%+ Yield And Double Digit Total Return Potential
Jan 19Enbridge: A Top-Rated 7.3% Yield For Income Investors
Jan 03Enbridge: Is It Too Late To Buy This 8%-Yielding Dividend Aristocrat?
Dec 11Dividend Giant Enbridge Presents A Buying Opportunity (Technical Analysis)
Nov 22Enbridge: Rebound From Strong Technical Pivot Amid Q3 Earnings Drop
Nov 06Is Enbridge Underrated As Winter Approaches
Oct 25Out-Of-Favor Enbridge Shares Are A Buy (Rating Upgrade)
Oct 18Enbridge: This 7.6% Midstream Yield Has Potential
Sep 25Enbridge: Making Some Smart Moves
Sep 19Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ENB) | 7.2% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Oil and Gas) | 3.9% |
| Analyst forecast in 3 Years (ENB) | 7.6% |
Notable Dividend: ENB's dividend (7.16%) is higher than the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: ENB's dividend (7.16%) is in the top 25% of dividend payers in the US market (4.65%)
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.