Enbridge’s Dividend Resilience Amid Market Volatility
Enbridge (ENB) stands as a paragon of dividend stability in the energy sector, boasting an unbroken 70-year payout streak and 30 consecutive years of increases. The Canadian pipeline giant's 5.8% yield is underpinned by predictable cash flows—98% derived from cost-of-service agreements and long-term contracts. This fortress-like business model has weathered two recessions and multiple energy crises while hitting financial targets for 19 straight years.
The company's disciplined 60-70% payout ratio leaves ample room for growth, retaining over CA$4 billion annually in free cash FLOW after dividends. Such financial prudence positions Enbridge to continue rewarding investors through market cycles—a rare combination of high yield and growth that compels continued portfolio allocation.
