This 7.7%-Yielding Dividend Stock Is Adding Even More Fuel to Its Dividend Growth Engine
ENBEnbridge(ENB) The Motley Fool·2024-03-07 19:23

Enbridge (ENB 0.78%) has been one of the best dividend stocks in the oil patch throughout the years. The Canadian pipeline and utility company has increased its payout for 29 straight years. It currently boasts a 7.7% dividend yield, which is well above average. That big-time payout should continue rising. One factor driving that view is the company's ability to continue expanding its portfolio of income-producing energy infrastructure assets. Enbridge recently added a few more projects to its portfolio, gi ...