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Enbridge Pays a Dividend That's Never Missed a Beat in 70 Years. Here's Why That Won't Change.

The Motley Fool·
Enbridge Pays a Dividend That's Never Missed a Beat in 70 Years. Here's Why That Won't Change.

Enbridge, a Canadian pipeline and utility company, has maintained an unbroken 70-year dividend payment history with 31 consecutive years of increases. The company's low-risk business model, with 98% of earnings from regulated structures and investment-grade contracts, supports a 5.5% dividend yield. With a CA$41 billion backlog of secured expansion projects through 2033 and expected 5% annual cash flow growth post-2026, the company is well-positioned to sustain future dividend increases.

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