And the median was 3.17%. In the second quarter of 2020, Enbridge’s distributable cash flow (DCF) was up year-over-year which was in fact one of the worst quarters in history for energy companies. The 10-year dividend growth rate is 13.0%. And the median was 1.12. In the long term, management is targeting a dividend payout ratio of around 65% of the company’s distributable cash flow. Look for their latest quarterly presentation for their payout ratio calculation. EBBGF's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! That’s a very high growth rate when paired with the stock’s current yield of 7.75%. Float Percentage Of Total Shares Outstanding, Accounts Payable & Accrued Expense for Financial Companies, Accumulated other comprehensive income (loss), Cash, Cash Equivalents, Marketable Securities, Long-Term Debt & Capital Lease Obligation, Other Liabilities for Insurance Companies, Short-Term Debt & Capital Lease Obligation, Cash From Discontinued Investing Activities, Cash Payments for Deposits by Banks and Customers, Cash Receipts from Deposits by Banks and Customers, Cash Receipts from Securities Related Activities, Other Cash Payments from Operating Activities, Other Cash Receipts from Operating Activities, Payments to Suppliers for Goods and Services, Earn affiliate commissions by embedding GuruFocus Charts. ENB's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! In depth view into TSX:ENB Dividend Payout Ratio explanation, calculation, historical data and more Enbridge's dividend payout ratio for the months ended in Sep. 2020 was 1.65. Author of the article: Jonathan Ratner. All numbers are in their local exchange's currency. Retained earnings-334.40% . This year, Enbridge’s payout ratio was expected to stay about the same. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Stock Enbridge Inc. Summary; Performance; Fundamentals; Technicals; Advice; Statements Indicators Dividends Patterns Premiums Drivers Competition Cross Drifts. Warning Sign: If a company dividend payout ratio is too high, its dividend may not be sustainable. Find the latest dividend history for Enbridge Inc Common Stock (ENB) at Nasdaq.com. For 2019, Enbridge paid around 65% of its cash flows as dividends. This would imply a sustainable payout ratio of approximately 70%. Prior to getting started, I’d just like to drop this 5 year performance chart from 3 popular pipelines here in Canada. I dove deeply into Enbridge’s dividend sustainability in the video below. In the first six months, the company’s dividend payout ratio stood at 64% which is lower than its payout target of 65%. Only PremiumPlus Member can access this feature. That’s probably a 12 month figure factoring in the company’s massive Q1 net loss. About Me. All Rights Reserved. During the past 10 years, the average Dividends Per Share Growth Rate was 15.50% per year. The dividend payout ratio of Enbridge Inc is 3.30, which seems too high. EBRZF's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! Next dividend payment date Mar 1, 2021 Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. 0.68 - 3.3. Warning Sign: If a company dividend payout ratio is too high, its dividend may not be sustainable. * The bar in red indicates where Enbridge's Dividend Payout Ratio falls into. They’ve increased their dividend for 24 consecutive years. As a distributor of energy, Enbridge owns and operates Canada's largest natural gas distribution company, and provides distribution services in Ontario, Quebec, New Brunswick and New York State. Does Enbridge pay a dividend? In the second quarter of 2020, Enbridge’s distributable cash flow (DCF) was up year-over-year which was in fact one of the worst quarters in history for energy companies. The current TTM dividend payout for Enbridge Inc (ENB) as of December 16, 2020 is $2.46.The current dividend yield for Enbridge Inc as of December 16, 2020 is 7.38%. © 2004-2020 GuruFocus.com, LLC. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. Next dividend payment date Mar 1, 2021 Next ex-dividend date Feb 11, 2021. This translates into $3.24 dividend per share on an annualized basis for 2020. Enbridge is a Canadian Dividend Aristocrat Stock having paid dividends since 1953 and grown them every year for the last 24 years (since 1996). A lower payout ratio may indicate that the company has more room to increase its dividends. In December 2019, we announced a 9.8% increase to our dividend per share, increasing the quarterly dividend to $0.810. Love High Dividend Yields? Reply. Last Close Price: $42.78. Its financial strength is evident in its current and quick ratios, which are … Since 1995, the company has paid increasing dividends every year. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. QQQ 275.16 (-1.78%) Dividend history for stock ENB (Enbridge, Inc.) including historic stock price, dividend growth rate predictions based on history, payout ratio history and split, spin-off and special dividends. ENB Payout Ratio: 123.00% (Trailing 12 Months of Earnings) 128.80% (Based on This Year's Estimates) 118.84% (Based on Next Year's Estimates) 74.31% (Based on Cash Flow) ENB Dividend Track Record: 1 Years of Consecutive Dividend Growth: ENB Dividend Frequency: Quarterly Dividend: ENB Most Recent Increase: $0.0356 increase on 12/9/2020 Past performance is a poor indicator of future performance. A company’s payout ratio is the percentage of earnings or cash flow (I use cash flow) that it pays out in dividends. During the past 3 years, the average Dividends Per Share Growth Rate was 11.70% per year. That appears quite sustainable. EBBGF's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! You can manage your stock email alerts here. Leave a Reply Cancel reply. in the Oil & Gas industry. Last year, Enbridge paid shareholders CA$6.36 billion in dividends for a payout ratio of 69%. During the past 12 months, Enbridge's average Dividends Per Share Growth Rate was 9.80% per year. Enbridge Payout Ratio vs Current Ratio Analysis.

However, Spectra pushed for an all-stock deal because it has “considerable confidence” in the dividend growth of the newly merged company. Article content. Key Data for Enbridge Inc. (ENB), including dividends, moving averages, valuation metrics, and more. Payout ratio. Enbridge has paid dividends for over 65 years to its shareholders. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. Is Enbridge Inc. (ENB.TO) (TSE:ENB) a good stock for dividend investors? Payout ratio. Fundamental company data provided by Morningstar, updated daily. Using that instead of net income, we get a payout ratio of just 68%. Even though the industry has been going through a rough patch, and Enbridge itself is struggling with a 330% payout ratio, it has increased its dividends, … Dividend.com: The #1 Source For Dividend Investing. This has given them positive ratings with major credit agencies, resulting in favorable interest rates. This is quite a high payout ratio that suggests the dividend is not well covered by earnings. Enbridge's Dividends per Share for the ... Enbridge Inc - FXDFR PRF PERPETUAL CAD 25 - Ser D Dividend policy None Price as of: OCT 11, 08:00 PM EDT $12.13 +0.0 +0.0% We value your privacy. During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Enbridge was 58.70% per year. To see just why Enbridge stock could be one of the lower-risk plays in the energy sector, all you need to do is take a look at its distribution history. The lowest was 0.68. Enbridge has a 10-year CAGR of 9% (dividend adjusted), but if we consider its recent stock price history, a five-year CAGR of negative 0.2% doesn’t inspire a lot of confidence. That appears quite sustainable. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. View and export this data going back to 2001. The current dividend yield for Enbridge Inc as of December 16, 2020 is 7.38% . To see just why Enbridge stock could be one of the lower-risk plays in the energy sector, all you need to do is take a look at its distribution history. Some financial data providers have reported it as high as 329%. Since 1995, the company has paid increasing dividends every year. In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. The company targets a payout ratio of below 65% of its distributable cash flows in the long term. Using that instead of net income, we get a payout ratio of just 68%. The dividend payout ratio of Enbridge Inc is 3.29, which seems too high. And the median was 1.12. This feature is only available for Premium Members, please sign up for. Since the pipeline business model is built around long-term contracts and predictable cash flows, I have no doubt this will happen. Payout ratio. That's up from a little below 5 times at the start of 2020. Incredibly, the answer is yes : Enbridge’s 8.5% yield is actually legit. Average dividend growth rate for stock Enbridge, Inc. (ENB) for past three years is 15.90%. ENB is currently my favourite high-yield dividend stock. Warning! During this period, the per-share payout from ENB stock increased at a compound annual growth rate (CAGR) of about 11%. Impressively, their overall dividend history goes back 65 years. 3.3. Chart. Find out all the key statistics for Enbridge Inc (ENB), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. The dividend payout ratio of Enbridge Inc is 3.30, which seems too high. 95% of the 256 Companies. Dividend.com: The #1 Source For Dividend Investing. With a terrific payout and stable operations in a difficult year where oil prices remain low, Enbridge is proving to be one of the better dividend stocks to own in 2020. I typically seek out companies with a payout ratio of around 40-60%. Only the payout ratio (less than 100% = OK), if the dividends were increased in the last 5 years and if the share price increased, stayed stable(ish) or … The current TTM dividend payout for Enbridge Inc (ENB) as of December 16, 2020 is $2.46 . Great post, many people just look at the GAAP earnings payout ratio and dismiss Enbridge because of that. During the past 5 years, the average Dividends Per Share Growth Rate was 15.20% per year. With a strong balance sheet and relatively conservative payout ratio, Enbridge should be able to continue increasing its dividend, which it has done for the last 25 straight years. For more information regarding to dividend, please check our Dividend Page. Enbridge Dividends FAQ. This is the point where I normally walk away and look for other investing opportunities. × Welcome to Dividend.com Please help us personalize your experience. Enbridge paid out 100% of its profit as dividends, over the trailing twelve month period. Is Enbridge Income Fund Holdings Inc. (ENF.TO) (TSE:ENF) a good stock for dividend investors? Please check your download folder. Publishing date: Sep 08, 2014 • • 1 minute read. Required fields are marked * Comment. Going off cash from operations, we … Management may consider buybacks once the Line 3 replacement is completed. Dividend. During the past 13 years, the highest Trailing Annual Dividend Yield of Enbridge was 8.84%. "Enbridge raised its payout ratio in 2005 and it is time to re-visit that ratio again." During this period, the per-share payout from ENB stock increased at a compound annual growth rate (CAGR) of about 11%. 434.40%. Dividend Payout Ratio Comment: Despite year on year detoriation of eps, Enbridge Inc increased dividend to 0.63$ and increased dividend payout ratio to 99.5%. The company targets a payout ratio of below 65% of its distributable cash flows in the long term. Name * Email * Website. Learn what is a Dividend? Enbridge's dividend payout ratio for the months ended in Jun. 5. ... Enbridge Inc - FXDFR PRF PERPETUAL USD 25 - Ser 1 Dividend policy None Price as of: DEC 14, 06:29 AM EDT $18.01 +0.12 +0.67% Historical dividend payout and yield for Enbridge Inc (ENB) since 1992. Dividend History | Yields, dates, complete payout history and stock information Toggle ... Enbridge raises dividend 10% to $0.738 quarterly: 2017-11-30 : ENB: Enbridge raises dividend 10% to $0.671 quarterly: 2017-01-06: ENB: Enbridge raises dividend 10% to $0.583 quarterly: 2015-12-04: ENB: Enbridge raises dividend 14% to $0.53 quarterly: Updated: 2020-12-15. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. NYSE:ENB' s Dividend Payout Ratio Range Over the Past 10 Years Min: 0.68 Med: 1.12 Max: 3.3 Current: 3.3. As part of the merger, the company took on approximately $22 billion in debt as a result; its total liabilities ballooned to $60 billion. Going purely off GAAP earnings, it’s pretty high. During the past 13 years, the highest Dividend Payout Ratio of Enbridge was 2.29. 434.40%. As a result, Enbridge maintained its dividend at 81 cents a share over the past four quarters, and announced a modest dividend hike of 3 per …

Enbridge Inc. (TSX:ENB)(NYSE:ENB) investors have had to show great resilience and steady hands as the company’s stock has been one of the worst-performing stocks on the TSX. Enbridge targets a payout ratio below 65% of its DCF. The dividend payout ratio of Enbridge Inc is 3.30, which seems too high. Historical dividend payout and yield for Enbridge Inc (ENB) since 1992. GuruFocus has detected 3 Severe Warning Signs with ENB. Kinder Morgan looks stronger here, but not materially so. The lowest was 0.50% per year. ENB earnings are insufficient to cover ENB's dividend payouts. This represents a compounded annual growth rate (CAGR) of almost 11%, which is very impressive. Enbridge’s distributable cash … Enbridge (ENB) Declares $0.81 Quarterly Dividend; 10.5% Yield Enbridge (ENB) Declares $0.7380 Quarterly Dividend; 7.8% Yield Enbridge (ENB) Raises Quarterly Dividend 10% … As part of the merger, the company took on approximately $22 billion in debt as a result; its total liabilities ballooned to $60 billion. Retained earnings-334.40%. Looking at the data, we can see that 305% of Enbridge's profits were paid out as dividends in the last 12 months. Enbridge's dividend payout ratio for the months ended in Sep. 2020 was 1.65. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. ENB dividend dates. Now we get to the factor that might not be so good for Enbridge: The payout ratio. In depth view into Enbridge Payout Ratio including historical data from 1981, charts, stats and industry comps. This table does not take into account the type of properties, etc. Dividend Growth History. Read all Q2 reports for these, found all the dividends history, payout ratios, etc. ENB's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! Ex/EFF DATE TYPE CASH AMOUNT DECLARATION DATE RECORD DATE PAYMENT DATE : Dividend history … ENB has been removed from your Stock Email Alerts list. NYSE:ENB's Dividend Payout Ratio is ranked lower than. Enbridge targets a distributable cash flow payout ratio of around 65%, and has been around that level recently. Based on the midpoint of its 2020 DCF guidance, its payout ratio for the year would be around 70% -- only slightly higher than its target. Dividend.com: The #1 Source For Dividend Investing. If a company dividend payout ratio is too high, its dividend may not be sustainable. Enbridge's dividend payout ratio for the Enbridge has a long history … Stocks USA. Stock quotes provided by InterActive Data. (Source: “Enbridge Inc. Reports Strong Fourth Quarter & Full Year 2019 Results,” Enbridge Inc, February 14, 2020.) During the past 13 years, the highest Dividend Payout Ratio of Enbridge was 3.30. For 2019, Enbridge paid around 65% of its cash flows as dividends. Enbridge Inc. (ENB) Enbridge Inc. ... Dividend Growth, Growth Rate, Payout Ratio and Yield. Enbridge is awarded an S&P credit rating of BBB+. In the first six months, the company’s dividend payout ratio stood at 64% which is lower than its payout target of 65%. Dividend. Enbridge's Dividend Payout Ratio for the fiscal year that ended in Dec. 2019 is calculated as, Enbridge's Dividend Payout Ratio for the quarter that ended in Sep. 2020 is calculated as, Enbridge  (NYSE:ENB) Dividend Payout Ratio Explanation. Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Enbridge tends to calculate its payout ratio off of cash flow, which more accurately reflects the ability to pay dividends. The Company also has international operations and a growing involvement in the natural gas transmission and midstream businesses. The increasing debt, however, has been offset by increasing equity, and Enbridge has moved significantly toward the lower end of their debt-to-EBITA ratio target. Enbridge Inc., a longtime favourite of income-seeking investors in Canada, might want to rethink its dividend policy. Enbridge has a Dividend Payout Ratio of 0.99 as of today(2020-10-13). * All numbers are in millions except for per share data and ratio. Enbridge has grown its annual dividends from $0.25 per share in 1996 to $3.24 as of 2020. The Motley Fool Canada » Energy Stocks » Worried About Enbridge Inc.’s Dividend? The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Its full-year distributable cash flow guidance per share remains unchanged at $4.5-$4.8, indicating a payout ratio of less than 70%. Paying out more than 100% of your free cash flow in dividends is generally not a long-term, sustainable state of affairs, so we think shareholders should watch this metric closely. Dividend.com: The #1 Source For Dividend Investing. Your email address will not be published. ENB Payout Ratio ENB Price Forecast Based on Dividend Discount Model. ( Industry Median: 0.68 vs. NYSE:ENB: 3.30 ) Attached chart shows Enbridge … Enbridge Inc - 28 Year Dividend History | ENB. Please enter Portfolio Name for new portfolio. But its history is not what investors love most about this aristocrat; they love its generous yield. With a cash payout ratio of 172%, Enbridge's dividend payments are poorly covered by cash flow. Unless there are extenuating circumstances, from the perspective of an investor who hopes to own the company for many years, a payout ratio of above 100% is definitely a concern. Finishing Up.

Enbridge Inc. (TSX:ENB)(NYSE:ENB) investors have had to show great resilience and steady hands as the company’s stock has been one of the worst-performing stocks on the TSX. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Click here to check it out. The lowest was 2.26%. Key Data for Enbridge Inc. (ENB), including dividends, moving averages, valuation metrics, and more.