CALGARY, AB, March 11, 2025 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) has announced that Steven W. Williams will become the Chair of the Board starting May 7, 2025. This change will take place after the Annual Meeting of Shareholders and will happen as Pamela L. retires.
Enbridge's stock has fallen from its highest point in the last year because of tariff talks, which has increased the dividend yield to over 6%, creating a chance to buy. Even with possible tariff effects, Enbridge's contracts based on fees and varied assets help reduce risks, providing steady income and growth from long-term projects. With its impressive performance expected in 2024, large capital investments, and anticipated growth in earnings, Enbridge is a solid option for investors looking for reliable dividends.
Enbridge has plans for significant expansion projects in various areas of its business, aiming for $50 billion in growth opportunities by the year 2030.
Recent earnings exceeded expectations, showing record EBITDA and DCF per share, thanks to successful mergers and acquisitions and high customer demand. ENB provides an attractive 6.3% forward dividend yield and has increased its dividends for 30 years in a row, with a possible 13% increase in stock value. This strong, established stock with a 6.3% forward dividend yield seems essential in today's challenging market for growth stocks.
Enbridge (ENB 2.26%) provides a significant income opportunity for investors. The Canadian pipeline and utility company has a yield of 6.5%, which is much higher than the S&P 500's yield of 1.3%.
Enbridge stockholders might want to think about the fact that Enbridge preferred stock is expected to offer a better total return than Enbridge common stock over the next 2.5 years, while also being less risky. I believe this Enbridge preferred stock is the best reset-rate preferred stock available and likely the top choice overall. Its current yield is quite high compared to other preferred stocks that pay "qualified dividends" and have the same BBB- investment grade credit rating.
After a lot of discussion about the possibility of tariffs, President Donald Trump has officially put them in place for goods coming from Canada and Mexico. Investors who focus on dividends may be curious about how these tariffs will impact Canadian companies that operate heavily in the U.S.
The CEO of Enbridge Inc., a Canadian pipeline company, stated on Tuesday that tariffs on Canadian oil would have to be in effect for several years before they would noticeably change the volume of crude oil that the U.S. imports from Canada.
I'm investing in dividend stocks for my retirement account. Although I enjoy the passive income that comes in, it's not the most important reason for my choice.
Stocks in AI companies like Tesla and Palantir are falling, but there are some lesser-known options that could do well during the AI boom. We will talk about two opportunities that are ready for strong growth driven by AI. Instead of following the hype, consider these undervalued dividend growth stocks for genuine investment in AI's future.