Why 8%-Yielding Enbridge Is A Retiree's Dream Dividend Stock
ENBEnbridge(ENB) Seeking Alpha·2024-03-07 20:15

JamesBrey In January, I discussed Enbridge (NYSE:ENB) and MPLX (MPLX) as great investment choices for generating life- long passive income. Since then, ENB has reported its Q4 2023 results and provided guidance for 2024. In this article, I will break down those results and discuss why ENB - with its yield sitting at nearly 8% on a forward basis - is a retiree's dream stock right now. ENB Stock Q4 Results ENB's Q4 results were quite solid and enabled the company to make 2024 a highly successful year, with th ...