Enbridge’s High-Yield Dividend and Growth Potential Position It as Top Investment
Enbridge, the Canadian pipeline and utility giant, stands out with a dividend yield nearing 6%, defying the typical narrative that high yields signal stagnant growth. CEO Greg Ebel touts it as "a first-choice investment opportunity" due to its robust expansion prospects.
The company's Q2 adjusted EBITDA ROSE 7% year-over-year to CA$4.6 billion ($3.3 billion), driven by strategic acquisitions, rate increases, and new projects. This performance reinforces expectations of hitting full-year targets for the 20th consecutive year.
Unlike peers constrained by limited reinvestment opportunities, Enbridge combines income generation with visible growth—a rare dual appeal for total return seekers. The energy infrastructure leader is projected to finish 2025 at the high end of its guidance range.