ENB shares near a 52-week high, backed by take-or-pay contracts and a $35B project backlog. However, its valuation looks stretched.
Enbridge, Realty Income, and Verizon offer a 6% average yield, ultra-durable business models, and sleep-well-at-night income for retirement portfolios. ENB provides diversified, inflation-protected cash flows with 98% of income from take-or-pay or regulated contracts and expects 5% annual EBITDA growth post-2026. O delivers a 5.3% monthly dividend, 30+ years of hikes, a defensive tenant mix, and trades below its historical AFFO multiple, offering potential valuation tailwinds.
Last month, Enbridge upped its dividend for the 31st consecutive year. The company's 35 billion CAD secured capital program provides a path to 5% annual EBITDA and DCF growth through 2030. Enbridge's debt to EBITDA remained firmly within its targeted range of between 4.5x and 5.0x in Q3 2025.
ENB's earnings remain steady as take-or-pay contracts back 98% of EBITDA, while U.S. gas utilities add predictable, regulated cash flows.
Recently, Zacks.com users have been paying close attention to Enbridge (ENB). This makes it worthwhile to examine what the stock has in store.
Enbridge (ENB) reached $46.34 at the closing of the latest trading day, reflecting a +1.05% change compared to its last close.
Enbridge's 5.9% dividend yield tops the midstream industry, backed by more than C$30B in secured projects and 31 straight years of dividend hikes.
Most U.S. investors never look beyond domestic stocks for dividend income, and the reasoning, at least on the surface, seems logical.
ENB's fee-based midstream model drives stable earnings, billions in secured projects and a 5.94% yield, supporting projected dividend growth through 2026.
The latest trading day saw Enbridge (ENB) settling at $46.58, representing a -3.2% change from its previous close.
ENB is set to benefit as data center growth and rising power demand boost natural gas demand.
Enbridge remains fundamentally strong despite recent share price underperformance, offering an attractive 6% forward dividend yield. Q3 results showed a revenue beat but an EPS miss, yet margin expansion and cost control reinforce confidence in ENB's operational efficiency. Dividend safety is underpinned by consistent free cash flow and prudent capital structure, even amid elevated CAPEX investments.