Enbridge (ENB) reachead $42.99 at the closing of the latest trading day, reflecting a -0.23% change compared to its last close.
Enbridge (ENB) closed the most recent trading day at $42.43, moving +0.74% from the previous trading session.
Enbridge (ENB) closed the most recent trading day at $42.12, moving +0.72% from the previous trading session.
Investing in high-yielding dividend stocks can be a great way to generate some passive income in 2025. Now is an excellent time to buy them because many higher-yielding stocks have sold off following the Federal Reserve's recent decision to slow the pace of interest rate reductions next year.
Enbridge's strong financials and excellent preferred dividend coverage make a hybrid investment strategy of common shares and preferred securities appealing. Enbridge's DCF performance is impressive, with a projected DCF of C$12B-C$12.9B in 2025, ensuring robust dividend coverage. The Series L preferred shares offer a 6.6% yield, with potential for higher rates upon reset in 2027, making them attractive.
Dividend stocks can be your best friend in retirement -- especially when their payouts allow you to cover your living expenses without selling shares. But investors shouldn't mindlessly chase high yields.
Conservative capital spending by upstream players and gradual shifting to renewables may hurt the demand for midstream players' assets. Enbridge (ENB), Kinder Morgan (KMI), The Williams Companies (WMB) and MPLX are surviving the industry challenges.
In the closing of the recent trading day, Enbridge (ENB) stood at $41.87, denoting a +0.17% change from the preceding trading day.
Enbridge's shares have gained 15% YTD in 2024, but are still undervalued, in my opinion. Growth from recent natural gas acquisitions and a positive FY 2025 guidance are two reasons to buy ENB. Enbridge's dividend growth is appealing, although ENB has been outperformed by Enterprise Products Partners and Kinder Morgan in terms of dividend growth in the last 5 years.
In the closing of the recent trading day, Enbridge (ENB) stood at $41.80, denoting a +1.04% change from the preceding trading day.
Enbridge's stock and preferred shares are strong buys, offering attractive dividend yields of 6.5% and 7%+ respectively, backed by solid fundamentals and growth prospects. The company's diversified growth projects and strong financial metrics ensure stable cash flow and dividend safety, with a forecasted 9% adjusted EBITDA growth. ENB's valuation is compelling with a fair value estimate of $52.40, presenting a 27% upside potential from the last close of $41.37.
Enbridge's (ENB 1.62%) 6.4% dividend yield is going to make up the lion's share of an investor's return over time. That's to be expected for an ultra-high-yield stock.