Enbridge (ENB) is yielding about 5.5% right now. They've been paying dividends for over 70 years and have increased the payout for 31 consecutive years. The business is pretty insulated from commodity price swings. About 98% of their earnings come from regulated rate structures or take-or-pay contracts, and 80% is inflation-protected. They maintain a 60% to 70% dividend payout ratio. Looking ahead, they expect cash flow per share to grow 3.5% this year and around 5% annually after 2026. This growth is supported by a $29.5 billion backlog of secured projects running through 2033, which covers oil and gas pipelines, renewables, and a carbon dioxide hub.