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home / news releases / ENB - This Magnificent 7.4%-Yielding Dividend Stock Will Give Investors Yet Another Raise in 2024


ENB - This Magnificent 7.4%-Yielding Dividend Stock Will Give Investors Yet Another Raise in 2024

2023-12-01 06:08:00 ET

Enbridge (NYSE: ENB) recently revealed its financial expectations for 2024. The Canadian pipeline and utility giant expects to deliver low-single-digit earnings and cash-flow growth next year without factoring in the positive impact of its three pending gas utility acquisitions from Dominion Energy . That's giving it the confidence (and the fuel) to increase its 7.4%-yielding dividend again next year.

Here's a look at what the pipeline company sees ahead in 2024 and beyond.

Enbridge expects to continue growing next year:

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This Magnificent 7.4%-Yielding Dividend Stock Will Give Investors Yet Another Raise in 2024
Stock Information

Company Name: Enbridge Inc
Stock Symbol: ENB
Market: NYSE
Website: enbridge.com

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