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@kewur 5 months ago

Enbridge and Brookfield Renewable: Two Energy Stocks Built for a Recession

Enbridge and Brookfield Renewable: Two Energy Stocks Built for a Recession

With talk of a possible recession escalating, some energy stocks stand out for their resilience. Enbridge (ENB) relies on secure, long-term contracts for 98% of its cash flow and has increased its dividend for 30 years straight, even through multiple downturns. Similarly, Brookfield Renewable (BEPC, BEP) sells 90% of its power under long-term, inflation-linked deals and has steadily grown its dividend since 2001. Both companies offer stable, rising dividends and predictable growth, making them defensive picks in these uncertain times.
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@AntonioMyers 5 months ago

With the way energy sector is evolving, these two rank highly amongst dividend shares. 

@BrianHoward 5 months ago

Stable, high dividend yield backed by long-term contracts and strong positions in NAM energy infrastructure=steady cash flows=great stock.