I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. The fact that Enbridge has maintained its dividend through 2020 is testament to its strength. COVID-19 happened, and it is impacting the entire energy sector in a big way. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Zacks Investment Research is releasing its prediction for ENB based on the 1-3 month trading system that nearly triples the S&P 500. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. Please read the Privacy Statement and Terms of Service for more information. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. It projected distributable cash flow of between $4.50 and $4.80 per share for 2020. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. The company sees ~$3.54 in 2020e USD payout ratio, which is … These dividend stocks offer attractive yields backed by strong financial profiles. The Motley Fool owns shares of and recommends Enbridge. At about 50% of total earnings they’re not enough to cover the dividend alone, but they still offer peace of mind for investors who worry about the oil market. Please read the Privacy Statement and Terms of Service for more information. That marks 25 consecutive years of dividend increases — a feat that immediately vaults Enbridge into the elite dividend-growth stocks in Canada. Zacks Ranks stocks can, and often do, change throughout the month. Enbridge was also telling investors to expect solid long-term growth before COVID-19 threw markets for a loop. This oil still has to be transported to its final destination. 10 year yield history. That’s also great news for companies like Enbridge that own a lot of assets in the U.S. And then there’s Enbridge’s gas utility business, which provides natural gas for some 3.8 million customers in Ontario and Quebec. An analysis of Enbridge’s dividend must go a little deeper than just the numbers. I understand I can unsubscribe from these updates at any time. This also goes a long way in limiting volume exposure. So, what is the downside for Enbridge stock? The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. Not to alarm you, but you’re about to miss an important event. A similar situation is playing out in the United States. We use cookies to understand how you use our site and to improve your experience. Should You Buy Aphria (TSX:APHA) After Its Recent Pullback? As the sentiment surrounding Enbridge catches up to its fundamentals, the stock will outperform big time. Also, Enbridge is reporting strong cash flow growth. At a time when many companies are not only reducing estimates but even completely withdrawing guidance, Enbridge stands out. The company's trailing twelve month (TTM) Dividend Yield calculates the indicated annual dividend divided by the stock price. Simply click the link below to grab your free copy and discover all 5 of these stocks now. Not only does Enbridge have enough visibility to issue guidance, but it is actually maintaining it. 3 Beaten-Down Stocks Look Attractive, Aphria (TSX:APHA) Stock Plunges: Marijuana Industry in Trouble. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. Enbridge has paid dividends for over 65 years to its shareholders. Because despite the clear difficulties in the oil and gas market, Enbridge is a defensive business. That gives us a payout ratio of just over 70%, which is very sustainable. The risk to Enbridge lies in oil prices. Remember, Enbridge has been dealing with a weak energy market for years now, and it has been weathering that storm just fine. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. Enbridge (TSX:ENB)(NYSE:EMB) has long been one of Canada’s most popular dividend stocks, and it’s easy to see why. Enbridge Inc. (ENB) Dividend yield: annual payout, 4 year average yield, yield chart. Enbridge owns and operates critical energy infrastructure. TSX Stocks: 2 Stars With Reliable 5% Yields, Love High Dividend Yields? NASDAQ data is at least 15 minutes delayed.

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