Enbridge (NYSE: ENB) made a bold strike last year. The Canadian pipeline and utility company agreed to acquire three natural gas utilities from Dominion for $14 billion. Enbridge’s CEO Greg Ebel stated at the time of the deal, “Adding natural gas utilities of this scale and quality, at a historically attractive multiple, is a once-in-a-generation […]
For several decades, fossil fuels have powered Enbridge‘s (NYSE: ENB) dividend. The Canadian pipeline and utility operator has paid dividends for over 69 years. It has increased its payout for the past 29 straight years, fueled primarily by the growing cash flows of its fossil fuel infrastructure operations. Oil and gas will remain vital fuel […]
dividend income Enbridge (NYSE: ENB) already has one of the safest dividends in the energy patch. The energy-infrastructure giant arguably has the lowest-risk business model in the sector. It also has a very strong financial profile. However, that hasn’t stopped the company from further enhancing its dividend safety. It recently made another move to ensure […]