Enbridge (ENB) and Delek Logistics (DKL) are both offering high dividend yields right now, with ENB nearing 6% and DKL over 8%. Both have a long history of raising their payouts, but the underlying financials point to ENB being the safer choice. ENB operates with investment-grade credit and gets about 98% of its earnings from regulated rate structures or contracted streams. Their revenue is predictable enough that they've hit their financial guidance for 20 straight years. They also maintain a conservative payout ratio between 60% and 70%. DKL has raised its distribution for over 13 years, but they carry more risk. Their credit is junk-rated, which means higher borrowing costs, and their payout ratio is higher at around 75%. They also have a concentration problem, with 30% of their earnings coming from just one customer, their parent company Delek US Holdings. Overall, ENB offers a slightly lower yield but avoids the credit and concentration risks that come with DKL.