ENB - Enbridge: Facing Volatility With A 6%+ Dividend Yield
2025-03-06 10:25:46 ET
Summary
- Recent earnings beat expectations with record EBITDA and DCF per share, driven by successful M&A activities and strong customer demand.
- ENB offers a compelling 6.3% forward dividend yield, with 30 consecutive years of dividend increases, and a potential 13% upside in stock value.
- A rock-solid mature stock providing a 6.3% forward dividend yield looks like a must have in the current unfavorable environment for growth stocks.
Investment thesis
My previous bullish thesis on Enbridge ( ENB ) is doing well because the stock delivered a 7% total return since September 2024, outperforming the broader U.S. equity market. ...
Enbridge: Facing Volatility With A 6%+ Dividend Yield