This Nearly 6%-Yielding Stock Has Now Extended Its Dividend Growth Streak to 30 Years
The Motley Fool
DECEMBER 5, 2024
Enbridge (NYSE: ENB) recently reached a new milestone for dividend growth. The Canadian pipeline and utility operator has now increased its payment for 30 straight years after boosting its payout by 3% for 2025. That raise will push its dividend yield even closer to 6%. Here's a look at what has fueled its ability to grow its dividend over the years and whether it has the power to continue pushing its payout higher in the future.
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