Where Will High-Yield Enbridge Stock Be in 10 Years?

Enbridge offers an attractive 5.1% dividend yield backed by 31 years of annual dividend increases. The company's midstream oil and natural gas operations, which comprise 95% of earnings, are well-positioned for continued growth over the next decade. With expected 5% annual distributable cash flow growth long-term and an emerging clean energy business, Enbridge is positioned to remain a vital player in the global energy market despite the world's shift toward renewables.