The S&P 500's Dividend Yield Is Down to Around 1%. Buy This 5%-Yielding Pipeline Stock to Boost Your Passive Income.

With the S&P 500's dividend yield at a record low of just over 1% due to market bullishness, income investors should consider Enbridge, a pipeline company offering a 5.1% dividend yield. Enbridge operates over 18,000 miles of natural gas and crude oil pipelines in North America, handling 30% of crude drilled and 20% of U.S. gas consumption. The company's business model functions as a tollbooth, insulating it from oil price volatility while benefiting from steady energy demand expected to remain strong until at least 2050.