ENB - This Ultra-High-Yield Dividend Stock Just Gave Shareholders Another Raise and It Can Keep Growing Payments for Years to Come
2023-12-17 07:07:00 ET
Sometimes a boring company that consistently pays out its growing free cash flow is something to get excited about. That's especially true when there's a clear path to continued dividend increases.
One such company offering an exceptional dividend is Enbridge (NYSE: ENB) . The Canadian pipeline company just announced another raise for shareholders in 2024, bringing it to 29 straight years of dividend increases. The payout increased just over 3% and now yields about 7.7%.
There's a lot to like about the stock at today's price. And investors should expect even more dividend increases for years to come.
For further details see:
This Ultra-High-Yield Dividend Stock Just Gave Shareholders Another Raise, and It Can Keep Growing Payments for Years to Come