Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. months ended in Sep. 2020 was 1.65. During the past 13 years, the highest Dividend Payout Ratio of Enbridge was 2.29. Tilray and Aphria Merger: A Hot New Pot Stock Opportunity? Simply click the link below to grab your free copy and discover all 5 of these stocks now. Enbridge offers a unique value proposition that brings together a combination of transparent growth, a reliable, low-risk business model and significant dividend income. ENB dividend payout ratio Enbridge Inc paid out 434.4% of its net income over the trailing twelve months. You can manage your stock email alerts here. So right now Enbridge’s dividend looks safe and secure. 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. The lowest was 0.50% per year. In the long term, management is targeting a dividend payout ratio of around 65% of the company’s distributable cash flow. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Enbridge paid out 100% of its profit as dividends, over the trailing twelve month period. Warning Sign: If a company dividend payout ratio is too high, its dividend may not be sustainable. 2020 was 0.99. When it comes to generating electricity, natural gas is emerging as a good substitute for coal and the trend is picking up across the world. Retired? Enbridge's Dividends per Share for the Enbridge expects its 2020 payout ratio, based on its distributable cash flow, to be approximately 68-72%. If a company dividend payout ratio is too high, its dividend may not be sustainable. ENB Dividend Date: 3/1/2021: ENB Annual Dividend: $2.46: ENB Dividend Yield: 7.39%: ENB Three Year Dividend Growth: 39.50%: 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 Only PremiumPlus Member can access this feature. Data provided by Nasdaq. Current as of December 19, 2020. ... Dividend & Buy Back Current Vs Industry Vs History ; Dividend Yield % 7.3 : Dividend Payout Ratio 3.3 : 3-Year Dividend Growth Rate 11.7 : Forward Dividend Yield % 7.84 : 5-Year Yield-on-Cost % 14.81 : 3-Year Average Share Buyback Ratio Aditya Raghunath | October 6, 2020 | More on: ENB ENB. Enbridge’s distributable cash flow per share was $4.5 in 2019. Oil stocks are not a favourite among investors right now. Payout ratio. In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. There is a minimum 15 minute delay in market data. Over the past 25 years, the dividend has grown at an average compound annual growth rate of 11%. As of today (2020-12-19), the Dividend Yield % of Enbridge is 7.42%. During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Enbridge was 58.70% per year. That is, $1,641 in common share dividends, over $1,647 in earnings. months ended in Sep. 2020 was $0.61. With a cash payout ratio of 170%, Enbridge’s dividend payments are poorly covered by cash flow. Please enter Portfolio Name for new portfolio. When you’ve got a stock falling while its dividend rises, its yield is likely to increase a lot. Dividend. Dividend payout ratio measures the percentage of the company's earnings paid out as dividends. The company also increased its quarterly dividend by 3% to CAD 0.835, a 7.6% yield on an annual basis. Enbridge is a Dividend Aristocrat with a track record of increasing its dividend for 24 consecutive years. The company has $14 billion worth liquidity that can bridge its requirement through 2021 even if it doesn’t get access to debt capital markets. Enbridge has increased its dividend payout even as the pandemic caused other companies to cut or entirely suspend dividends. Last Close Price: $34.10. 434.40%. Apart from fuel, oil has multiple use cases and is used in the manufacturing of products as diverse as candles, trash bags, roller skates, tennis racquets, and fishing boots. Enbridge’s dividend hike. Its financial strength is evident in its current and quick ratios, which are … During the past 3 years, the average Dividends Per Share Growth Rate was 11.70% per year. Click here to check it out. Note: Enbridge's dividend is paid in Canadian dollars, so the U.S. dollar value of the dividend fluctuates with exchange rates. Minimum 15 minutes delayed. GuruFocus has detected 3 Severe Warning Signs with ENB. The growth rate is calculated with least square regression. Enbridge stock has delivered a return of 15.8% from 1995-2019, compared to 8.9% on the S&P TSX and 10.6% on the S&P 500. Enbridge's dividend payout ratio for the The fact that Enbridge’s management expects the company to earn between $4.50 and $4.80 per share of distributable cash flow is extremely attractive. Its full-year distributable cash flow guidance per share remains unchanged at $4.5-$4.8, indicating a payout ratio of less than 70%. Motley Fool Canada's market-beating team has just released a brand-new FREE report revealing 5 "dirt cheap" stocks that you can buy today for under $49 a share. ENB Dividend Date: 3/1/2021: ENB Annual Dividend: C$3.17: ENB Dividend Yield: 7.47%: ENB Payout Ratio: 330.00% (Trailing 12 Months of Earnings) 118.65% (Based on This Year's Estimates) 1,004.06% (Based on Cash Flow) ENB Most Recent Increase: C$0.02 increase on 12/8/2020 © 2004-2020 GuruFocus.com, LLC. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The lowest was 2.26%. The lowest was 0.68. Stock quotes provided by InterActive Data. Our team thinks these 5 stocks are critically undervalued, but more importantly, could potentially make Canadian investors who act quickly a fortune. Fool contributor Aditya Raghunath has no position in any of the stocks mentioned. Warning! When you … For more information regarding to dividend, please check our Dividend Page. That translates to a payout ratio of 64.6%. * All numbers are in millions except for per share data and ratio. Payout Ratio: --PE Ratio: 44.4. Since 1995, its dividend growth CAGR is an enviable 11%. The company has consistently increased its dividend payout for the last 25 years. Enbridge raises dividend 10% to $0.81 quarterly: 2018-12-12: ENB: 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 … 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. The company guidance indicates that it will grow its dividend yield by around 4% over the next couple of years. News/Announcments: None Updated: 2020-12-11. This is your chance to get in early on what could prove to be very special investment advice. All numbers are in their local exchange's currency. This insulates Enbridge from commodity price movements at least in the short term. Low oil prices and a scenario where oil consumption might never go back to pre-pandemic levels have put a dampener on most oil stocks. That brings up Kinder Morgan, which increased its dividend 5% in 2020. Frequency: Quarterly The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. On top of that, the yield is super high (7-9%), both payout and cash payout ratios are hectic; going from negative value to over 100%. During the past 10 years, the average Dividends Per Share Growth Rate was 15.50% per year. During the past 12 months, Enbridge's average Dividends Per Share Growth Rate was 9.80% per year. Speaking of undervalued dividend stocks.... Just Released! Enbridge Inc stock rating and analysis - : a summary of key financial strength and profitability metrics. (Source: “Enbridge Inc. Reports Strong Fourth Quarter & Full Year 2019 Results,” Enbridge Inc, February 14, 2020.) Enbridge last raised its dividend payout by 9.8% and sports an attractive dividend yield of 9.5%. * The bar in red indicates where Enbridge's Dividend Payout Ratio falls into. 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. The Motley Fool owns shares of and recommends Enbridge. On a trailing 12 month basis, Enbridge is currently paying out 126% of earnings. Enbridge's dividend payout ratio for the months ended in Sep. 2020 was 1.65. In December 2019, we announced a 9.8% increase to our dividend per share, increasing the quarterly dividend to $0.810. While oil is still the company’s base play, Enbridge has invested over $8 billion into renewable projects and now has a net generation capacity of 1.8 GW. Market Cap: 69.06B. View and export this data going back to 2001. This could mean that Enbridge’s natural gas business could gather momentum down the years. A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. ENB dividend dates. Enbridge’s distributable cash … 5 Stocks Under $49 (FREE REPORT). Dividend.com: The #1 Source For Dividend Investing. Enbridge transports 66% of all Canadian crude exports and around 25% of all crude oil in North America. The world depends on oil and natural gas for everything from planes to shipping containers to cars. Enbridge's dividend payout ratio for the months ended in Jun. If we go just off of Q2, we get a payout ratio of about 100%. Past performance is a poor indicator of future performance. At the same time, its stock fell 25%. The company believes that it can grow its distributable cash flow per share at a 5% to 7% annual rate through 2022. ENB has been successfully added to your Stock Email Alerts list. Returns since inception, October 2013. During the past 13 years, the highest Trailing Annual Dividend Yield of Enbridge was 8.84%. Retained earnings-334.40%. 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. Market Crash: This Expert Thinks You Should Take Cover Now. 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. Enbridge has strong fundamentals, is diversifying, and has the capacity to pay out regular dividends. Enbridge's dividend payout ratio for the months ended in Sep. 2020 was 1.65. And the median was 1.12. Enbridge has paid dividends for over 65 years to its shareholders. Not to alarm you, but you’re about to miss an important event. We expect the company to maintain a 1.45% coverage ratio and a 68% dividend payout ratio … Enbridge contracts are “take-or-pay,” which means that the buyer has to give a minimum guarantee on purchases or pay the seller for any shortfall. However, there is an outlier in the game: Enbridge (TSX:ENB)(NYSE:ENB). Enbridge is one of the largest midstream companies in North America, engaged in the storage and distribution of oil and natural gas. This translates into $3.24 dividend per share on an annualized basis for 2020. A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future. Next dividend payment date Mar 1, 2021 Enbridge’s forward dividend yield is a tasty 8.4% right now. There are many things in these metrics that scream for a dividend cut. This would imply a sustainable payout ratio of approximately 70%. © 2020 The Motley Fool Canada, ULC. In 2020, Enbridge raised its dividend by 9.8%. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. For 2019, Enbridge paid around 65% of its cash flows as dividends. ENB earnings are insufficient to cover ENB's dividend payouts. That said, the demand for oil and natural gas has not just declined but fallen off a cliff amid the pandemic. All rights reserved. The reason ENB’s yield is so high is because its dividend payout is increasing, while its share price falls. That’s exactly what happened with Enbridge. Yield: 9.79%. Its full-year distributable cash flow guidance per share remains unchanged at $4.5-$4.8, indicating a payout ratio of less than 70%. The company already supplies natural gas to over 170 million customers in North America. And the median was 3.17%. Cannabis 2.0: Is Cannabis Set to Comeback in 2021? Please read the Privacy Statement and Terms of Service for more information. Here’s why I think the stock presents a tremendous buying opportunity. And the median was 10.90% per year. Enbridge has been a dividend aristocrat for 24 years, making it the second-oldest aristocrat in the energy sector. Enbridge also has a growing portfolio of renewable assets. This is quite a high payout ratio that suggests the dividend is not well covered by earnings. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Even if the continent reduces dependency on oil, plenty of countries around the world are still dependent on it. All Rights Reserved. Sorry. Fundamental company data provided by Morningstar, updated daily. The company has also increased its dividend for 25 consecutive years so far and it faces large debt. I understand I can unsubscribe from these updates at any time. This feature is only available for Premium Members, please sign up for. Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. We credit this unique value proposition for delivering excellent returns to shareholders year after … The company targets a payout ratio of below 65% of its distributable cash flows in the long term. During the past 5 years, the average Dividends Per Share Growth Rate was 15.20% per year. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. The stock information below is provided by Nasdaq. While the prospects for oil look bleak right now, it is not as if the commodity is going to disappear from our lives overnight. A lower payout ratio may indicate that the company has more room to increase its dividends. After accounting for its dividend yield, total annual returns might be close to 45%. 3 of the Best Dividend Stocks to Make Fast Money, distributable cash flow guidance per share. The dividend payout ratio of Enbridge Inc is 3.30, which seems too high. The dividend payout ratio of Enbridge Inc is 3.30, which seems too high. Don't miss out! In the first six months, the company’s dividend payout ratio stood at 64% which is lower than its payout target of 65%. Is it really the case? The dividend payout ratio of Enbridge Inc is 3.29, which seems too high. The stock is currently trading at $38.6, just 16% over its March lows. Warning Sign: If a company dividend payout ratio is too high, its dividend may not be sustainable. For most investors this would be cause for concern, however it’s important for a company like Enbridge that we look at both the free and operating cash flow payout ratios. Analysts tracking Enbridge have a 12-month average target price of $52 for the stock which is 35% above its current trading price. EBBGF's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! The Motley Fool Canada » Dividend Stocks » Enbridge (TSX:ENB) Stock: This Dividend Paying Giant Is Trading at a Massive Discount! The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. Paying out such a high percentage of cash flow suggests that the dividend was funded from either cash at bank or by borrowing, neither of which is desirable over the long term. ... 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% ENB has been removed from your Stock Email Alerts list. 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. Enbridge targets a payout ratio below 65% of its DCF. Are insufficient to cover ENB 's dividend payout ratio may indicate that company! 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