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. Enbridge Inc (ENB) will begin trading ex-dividend on August 13, 2020. Enbridge offers a unique value proposition that brings together a combination of transparent growth, a reliable, low-risk business model and significant dividend income. They think Enbridge’s dividend may be at risk. Retained earnings-334.40%. Lets calculate the the dividend payout ratio for Enbridge Stock. In 2019, Enbridge earned $4.57 per share in distributable income. Stock and Dividend Information. Revenue and Earnings Growth. In the first six months, the company’s dividend payout ratio stood at 64% which is lower than its payout target of 65%. Common Share Dividends 2018 This year, Enbridge’s payout ratio was expected to stay about the same. Future earnings and cash flow growth of 5%-7% is expected post-2020 on the back of strong business and capital growth. Enbridge Inc Provides an Increasing Dividend Stream. They see a high payout ratio and assume the dividend is close to being cut. ENB dividend dates. The dividend payout ratio of Enbridge Inc is 3.29, which seems too high. After reviewing financial statements, recent news and stories as well as Enbridge’s business model and my investment thesis, I will keep my shares and expect a dividend increase in 2021. If a company is paying more than it earns, then the dividend might become unsustainable - hardly an ideal situation. Dividends are common dividends paid per share, reported as of the ex-dividend date. As a result, we should always investigate whether a company can afford its dividend, measured as a percentage of a company's net income after tax. Warning Sign: If a company dividend payout ratio is too high, its dividend may not be sustainable. Enbridge has paid a dividend every year for 65 years. We credit this unique value proposition for delivering excellent returns to shareholders year after year, and we plan to stick with our proven formula. Market Cap: 69.06B. Here's why it remains a top pick for Canadian income investors. Enbridge Inc ENB Morningstar Rating Rating as of Dec 16, 2020. A quick look at the numbers tells us investors who rely on Enbridge’s dividend for income don’t have much to worry about. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Enbridge Inc are: Relative to all dividend yielding stocks in our set, ENB offers a dividend yield in the top 7.95% of stocks in our set. Thereafter the information depicts dividends declared by ENF. What’s more impressive, though, is that this high-yield stock has also been growing its payout. Should you pursue your analysis, this video will bring you more insights. A company’s payout ratio is the percentage of earnings or cash flow (I use cash flow) that it pays out in dividends. News/Announcments: None Updated: 2020-12-11. Final Thought. Both entered 2020 as Dividend Aristocrats, as each had increased their payout for more than 25 straight years. Highlights. Comparing dividend payments to a company's net profit after tax is a simple way of reality-checking whether a dividend is sustainable. Enbridge Announces 33% Dividend Increase, Financial Restructuring Plans, Revised Payout Policy and 2015 Adjusted Earnings Guidance CALGARY, ALBERTA-- - ... | October 14, 2020 That makes it a ... Enbridge targets a payout … Enbridge stock has increased its dividend at an annual rate of 11% in the last 20 years. Given what most other companies are paying right now, Enbridge stock’s 7.5% yield certainly looks attractive. Enbridge last raised its dividend payout by 9.8% and sports an attractive dividend yield of 9.5%. The company has increased its dividend for 25 consecutive years. 434.40% . Frequency: Quarterly The company targets a payout ratio of below 65% of its distributable cash flows in the long term. Dividends are usually paid out of company earnings. Enbridge Inc.’s high dividend yield has been flashing red throughout most of 2020, beckoning dividend investors but also signalling discomfort with the company’s connection to a … These are some of the best growth streaks and dividend growth rates in the country. Surface analysis. ENB dividend payout ratio Enbridge Inc paid out 434.4% of its net income over the trailing twelve months. Payout Ratio: --PE Ratio: 44.4. Does Enbridge pay a dividend? 0.68 - 3.29. Enbridge expects its 2020 payout ratio, based on its distributable cash flow, to be approximately 68-72%. Stock and Dividend Information. Enbridge and ExxonMobil have been elite dividend stocks over the years. Consider this: Enbridge has been paying uninterrupted dividends to shareholders for more than six decades. Let’s take a closer look at this payout to see if it’s sustainable. Regarding Enbridge Inc, the dividend discount model StockNews created for the company implies a positive return of 144.53%. But even if CAD dropped by CA$2.5 billion, the company would still bring in enough cash to afford its dividend. Enbridge is set to benefit from a growing demand for power and is strategically positioned to capitalize on strong energy fundamentals over the long term. × Welcome to Dividend.com Please help us personalize your experience. Enbridge's dividend payout ratio for the months ended in Sep. 2020 was 1.65. 0.68 - 3.3. With a payout ratio this high, we'd say its dividend is not well covered by earnings. ENB earnings are insufficient to cover ENB's dividend payouts. 2020 was 0.99. Dividend Payout Ratio measures how much of a company’s free cash flow is paid out in the form of dividends. NYSE:ENB' s Dividend Payout Ratio Range Over the Past 10 Years Min: 0.68 Med: 1.12 Max: 3.29 Current: 3.29. Also see: Q2 Financial Results & Business Update presentation; 2019 Enbridge Day investment community presentation ; Enbridge Investment Community Presentation (Updated September 2020) … The information shown above includes distributions declared by the Fund up to and including 2010. Last Close Price: $34.10. Payout ratios. Enbridge has been a dividend aristocrat for 24 years, making it the second-oldest aristocrat in the energy sector. Free cash flow is the cash a company generates from its daily operating activities minus capital expenditures like investing in new plants or equipment. I dove deeply into Enbridge’s dividend sustainability in the video below. But its history is not what investors love most about this aristocrat; they love its generous yield. The dividend payout ratio of Enbridge Inc is 3.30, which seems too high. In the last year, Enbridge paid out 100% of its profit as dividends. A lot to like about where the dividend currently stands. In general, profits from business operations can be allocated to retained earnings or paid to shareholders in the form of dividends or stock buybacks. Dividend.com: The #1 Source For Dividend Investing. 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% to $0.7380; 9.4% Yield Warning Sign: If a company dividend payout ratio is too high, its dividend may not be sustainable. EBBGF's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! Enbridge's dividend track record is remarkable. Yield: 9.79%. Dividend/Distribution History. Enbridge Dividends FAQ. NYSE:ENB' s Dividend Payout Ratio Range Over the Past 10 Years Min: 0.68 Med: 1.12 Max: 3.3 Current: 3.3. But the fact remains, Enbridge has raised dividends for 2.5 decades and has grown its dividend at a 16% clip annually over the last 5 years. Prior to 2011, investors received a taxable distribution directly from the Fund. Enbridge’s target dividend payout is below 65 percent of DCF, providing a healthy balance between returning income to shareholders and retaining income for reinvestment in new growth opportunities. Enbridge's dividend payout ratio for the months ended in Jun. CALGARY, AB, Dec. 8, 2020 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced its 2021 financial guidance and dividend and provided an update on its strategic priorities, which will be further discussed at the Company's virtual investor conference today.. For 2019, Enbridge paid around 65% of its cash flows as dividends. Next dividend payment date Mar 1, 2021 Next ex-dividend date Feb 11, 2021. Enbridge Inc. (ENB) ... 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