1 Magnificent Dividend Stock Down 30% to Buy and Hold Forever
ENBEnbridge(ENB) The Motley Fool·2024-05-17 16:12

Enbridge is still well off its highs, but it keeps paying investors well for sticking around and that doesn't look likely to change. Enbridge (ENB -0.62%) is not an exciting company, but that's really part of management's plan. It is designed to generate reliable and growing cash flows that it can use to pay investors a reliable and growing dividend. With 29 years' worth of annual dividend increases, the Canadian energy company has clearly lived up to the plan. However, the stock is still down materially fr ...