Enbridge (Enbridge) Dividend Yield %

: 6.29% (As of Today)

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As of today (2024-04-18), the Trailing Annual Dividend Yield of Enbridge is 6.29%.

Good Sign:

Enbridge Inc stock dividend yield is close to 3-year high.

The historical rank and industry rank for Enbridge's Dividend Yield % or its related term are showing as below:

EBGEF.PFD' s Dividend Yield % Range Over the Past 10 Years
Min: 2.26 Med: 5.64 Max: 8.84
Current: 6.29

During the past 13 years, the highest Dividend Yield of Enbridge was 8.84%. The lowest was 2.26%. And the median was 5.64%.

EBGEF.PFD's Dividend Yield % is ranked better than
80.73% of 493 companies
in the Oil & Gas industry
Industry Median: 4.05 vs EBGEF.PFD: 6.29

Enbridge's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Enbridge Inc is 1.19, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Enbridge was 1.82. The lowest was 0.65. And the median was 1.12.

As of today (2024-04-18), the Forward Dividend Yield % of Enbridge is 6.29%.

Enbridge's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Enbridge's average Dividends Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Enbridge was 58.30% per year. The lowest was 0.50% per year. And the median was 10.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Enbridge Dividend Yield % Historical Data

The historical data trend for Enbridge's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Enbridge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

Enbridge Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Yield %																-	-	-	-	-

Competitive Comparison

For the Oil & Gas Midstream subindustry, Enbridge's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Enbridge Dividend Yield % Distribution

For the Oil & Gas industry and Energy sector, Enbridge's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Enbridge's Dividend Yield % falls into.

Enbridge Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Enbridge Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
USD 0.336	2024-02-14	2024-02-15	2024-03-01	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.336	2023-11-14	2023-11-15	2023-12-01	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.336	2023-08-14	2023-08-15	2023-09-01	Cash Dividend	quarterly	USD:USD 1.000000
USD 0.336	2023-05-12	2023-05-15	2023-06-01	Cash Dividend	quarterly	USD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Enbridge's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	1.344	/	21.35
	=	6.30 %

Current Share Price is $21.35.
Enbridge's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.344.

Enbridge's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	1.344	/	21.35
	=	6.30 %

Current Share Price is $21.35.
Enbridge's Dividends per Share for the forward twelve months is calculated as $0.336 * 4 = $1.344.

Enbridge (OTCPK:EBGEF.PFD) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Enbridge Dividend Yield % Related Terms

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Enbridge (Enbridge) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enbridge Inc (OTCPK:EBGEF.PFD) » Definitions » Dividend Yield %

Comparable Companies

Address

425 - 1st Street S.W., Suite 200, Calgary, AB, CAN, T2P 3L8

Website

https://www.enbridge.com

Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada's largest natural gas distribution company. The firm has a small renewables portfolio primarily focused on onshore and offshore wind projects.