@democratiCrayn 2 weeks ago
Enbridge (ENB) dividend and business setup
Enbridge (ENB) dividend and business setup
Enbridge (ENB) currently has a 5.3% dividend yield and has increased their payout annually for 31 years. They make most of their money from oil and gas pipelines, but it is largely fee-based, meaning cash flow stays stable even when energy prices bounce around.
They are also slowly shifting into regulated natural gas utilities and renewable energy. Since these new assets are backed by long-term contracts, they fit right into the company's reliable cash flow model. It looks like a straightforward play for anyone who just wants to hold long-term and reinvest dividends without worrying about oil price volatility.

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| 5.3% Yield and Still Worth Buying: The Dividend Stock I Keep Adding To | The Motley Fool
@MasonCarter10 2 weeks ago
ENB's fee-based cash flow makes the dividend story interesting, especially for investors looking for income with less direct exposure to oil price swings.
@BrianHoward 2 weeks ago
do you think the shift into renewables will help Enbridge maintain that growth long term? i'm curious if the margins stay as good as the pipeline business.