ENB Stock Recent News

CALGARY, AB , March 27, 2025 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) will host a conference call and webcast on May 9, 2025, at 7 a.m. MT (9 a.m.

Investors looking for stocks in the Oil and Gas - Production and Pipelines sector might want to consider either Ultrapar Participacoes S.A. (UGP) or Enbridge (ENB).

Investing in the stock market can be a great way to increase your income. Stocks that pay a dividend aren't doing well these days as high interest rates make for enticing alternatives, but that can present an attractive opportunity to load up on them, as many are offering attractive payouts.

In today's market, dividend stocks remain a powerful tool for investors seeking a steady income stream in retirement and balance out some of the risks longer-duration assets provide portfolios.

Markets are rotating away from U.S. stocks, but I'm doubling down on undervalued American companies built to last decades, not chase trends. Political noise and short-term trading dominate headlines, but successful investing means ignoring hype and sticking to quality-forever holdings. My strategy focuses on durable businesses with wide moats, strong cash flows, and dividends - companies that thrive in any market environment.

The stock market has been pretty turbulent to start this year. That volatility has created a lot of uncertainty among investors.

Enbridge's (ENB -0.76%) big draw as an investment is its highly reliable dividend, which it has increased annually (in Canadian dollars) for three decades. There's just one problem for investors: The dividend growth rate for this Calgary-based pipeline operator has stalled over the last couple of years.

Enbridge's preferred shares are highly attractive due to their strong coverage, requiring only 3% of pre-dividend DCF to cover preferred dividends. The Series 3 preferred shares offer a current yield of approximately 7.02%, with the dividend rate reset every five years based on the Canada bond yield. Enbridge's common shares also provide a robust dividend yield (~6%) and potential capital gains, making a mix of common and preferred shares a sensible investment strategy.

Ideally, income seeking investors want to receive the maximum amount of dividends for the price they pay for one share of a dividend paying business. In investing parlance, this means seeking out stocks with higher dividend, or distribution, yields, or higher forward 12-month dividends per share for the current price of one share.

The latest trading day saw Enbridge (ENB) settling at $43.87, representing a -0.81% change from its previous close.