Enbridge Dividend
Dividend criteria checks 5/6
Enbridge is a dividend paying company with a current yield of 7.67%. Next payment date is on 1st March, 2024 with an ex-dividend date of 14th February, 2024.
Key information
7.7%
Dividend yield
235%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | 01 Mar 24 |
Ex dividend date | 14 Feb 24 |
Dividend per share | n/a |
Earnings per share | US$1.43 |
Dividend yield forecast in 3Y | 7.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ENBF.F's dividends per share have been stable in the past 10 years.
Growing Dividend: ENBF.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Enbridge Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ENBF.F) | 7.7% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Oil and Gas) | 3.9% |
Analyst forecast in 3 Years (ENBF.F) | 7.9% |
Notable Dividend: ENBF.F's dividend (7.67%) is higher than the bottom 25% of dividend payers in the US market (1.49%).
High Dividend: ENBF.F's dividend (7.67%) is in the top 25% of dividend payers in the US market (4.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (234.8%), ENBF.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.8%), ENBF.F's dividend payments are covered by cash flows.