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Reliable High-Yield Dividend Stock From My Portfolio

Reliable High-Yield Dividend Stock From My Portfolio

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Enbridge (ENB) is a reliable high-yield dividend stock from my personal diversified dividend portfolio.

It provides investors with a reliable, high dividend yield that is growing in mid-single digits. In addition to great business performance, returns might be boosted by multiple expansion.

Enbridge owns and operates mission-critical energy infrastructure in North America. 25% of crude oil in NA was transferred through Enbridge’s pipelines as well as 20% of natural gas consumed in the U.S. in 2019. In addition to this, the company has around 3.8 million customers for its gas utility business and 1.8 GW worth of renewable energy on long-term contracts.

dividend growth
Enbridge has grown the dividend for 25 years in a row

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