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At the same time, its stock fell 25%. Here’s why I think the stock presents a tremendous buying opportunity. Payout Ratio: --PE Ratio: 44.4. Warning Sign: If a company dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Enbridge Inc is 3.29, which seems too high. This would imply a sustainable payout ratio of approximately 70%. Please enter Portfolio Name for new portfolio. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The lowest was 2.26%. Market Cap: 69.06B. This is your chance to get in early on what could prove to be very special investment advice. Enbridge’s distributable cash … Enbridge's dividend payout ratio for the months ended in Sep. 2020 was 1.65. Enbridge also has a growing portfolio of renewable assets. ENB dividend payout ratio Enbridge Inc paid out 434.4% of its net income over the trailing twelve months. Cannabis 2.0: Is Cannabis Set to Comeback in 2021? Minimum 15 minutes delayed. Dividend.com: The #1 Source For Dividend Investing. If a company dividend payout ratio is too high, its dividend may not be sustainable. Please read the Privacy Statement and Terms of Service for more information. Its financial strength is evident in its current and quick ratios, which are … 3 of the Best Dividend Stocks to Make Fast Money, distributable cash flow guidance per share. Its full-year distributable cash flow guidance per share remains unchanged at $4.5-$4.8, indicating a payout ratio of less than 70%. 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. 2020 was 0.99. 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%. Sorry. 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 This could mean that Enbridge’s natural gas business could gather momentum down the years. This feature is only available for Premium Members, please sign up for. Enbridge’s distributable cash flow per share was $4.5 in 2019. This translates into $3.24 dividend per share on an annualized basis for 2020. Retained earnings-334.40%. Last Close Price: $34.10. Enbridge paid out 100% of its profit as dividends, over the trailing twelve month period. Returns since inception, October 2013. ENB has been removed from your Stock Email Alerts list. Payout ratio. Enbridge transports 66% of all Canadian crude exports and around 25% of all crude oil in North America. When you’ve got a stock falling while its dividend rises, its yield is likely to increase a lot. * All numbers are in millions except for per share data and ratio. Enbridge Inc stock rating and analysis - : a summary of key financial strength and profitability metrics. * The bar in red indicates where Enbridge's Dividend Payout Ratio falls into. The dividend payout ratio of Enbridge Inc is 3.30, which seems too high. You can manage your stock email alerts here. Enbridge targets a payout ratio below 65% of its DCF. That is, $1,641 in common share dividends, over $1,647 in earnings. That said, the demand for oil and natural gas has not just declined but fallen off a cliff amid the pandemic. Even if the continent reduces dependency on oil, plenty of countries around the world are still dependent on it. All rights reserved. Enbridge's Dividends per Share for the A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. 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. Over the past 25 years, the dividend has grown at an average compound annual growth rate of 11%. This insulates Enbridge from commodity price movements at least in the short term. A lower payout ratio may indicate that the company has more room to increase its dividends. 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. Enbridge’s forward dividend yield is a tasty 8.4% right now. The lowest was 0.68. The company targets a payout ratio of below 65% of its distributable cash flows in the long term. While the prospects for oil look bleak right now, it is not as if the commodity is going to disappear from our lives overnight. News/Announcments: None Updated: 2020-12-11. 434.40%. 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. Speaking of undervalued dividend stocks.... Just Released! Tilray and Aphria Merger: A Hot New Pot Stock Opportunity? We credit this unique value proposition for delivering excellent returns to shareholders year after … GuruFocus has detected 3 Severe Warning Signs with ENB. 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. (Source: “Enbridge Inc. Reports Strong Fourth Quarter & Full Year 2019 Results,” Enbridge Inc, February 14, 2020.) Dividend payout ratio measures the percentage of the company's earnings paid out as dividends. Enbridge has strong fundamentals, is diversifying, and has the capacity to pay out regular dividends. The reason ENB’s yield is so high is because its dividend payout is increasing, while its share price falls. 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. This is quite a high payout ratio that suggests the dividend is not well covered by earnings. Enbridge last raised its dividend payout by 9.8% and sports an attractive dividend yield of 9.5%. During the past 12 months, Enbridge's average Dividends Per Share Growth Rate was 9.80% per year. Enbridge offers a unique value proposition that brings together a combination of transparent growth, a reliable, low-risk business model and significant dividend income. The company has also increased its dividend for 25 consecutive years so far and it faces large debt. Yield: 9.79%. In the first six months, the company’s dividend payout ratio stood at 64% which is lower than its payout target of 65%. During the past 3 years, the average Dividends Per Share Growth Rate was 11.70% per year. Data provided by Nasdaq. Stock quotes provided by InterActive Data. The dividend payout ratio of Enbridge Inc is 3.30, which seems too high. Click here to check it out. That brings up Kinder Morgan, which increased its dividend 5% in 2020. © 2004-2020 GuruFocus.com, LLC. Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. 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. Past performance is a poor indicator of future performance. Oil stocks are not a favourite among investors right now. Don't miss out! And the median was 10.90% per year. Analysts tracking Enbridge have a 12-month average target price of $52 for the stock which is 35% above its current trading price. ... 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. Dividend. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. The company believes that it can grow its distributable cash flow per share at a 5% to 7% annual rate through 2022. Current as of December 19, 2020. The stock is currently trading at $38.6, just 16% over its March lows. ENB earnings are insufficient to cover ENB's dividend payouts. The company has consistently increased its dividend payout for the last 25 years. The Motley Fool Canada » Dividend Stocks » Enbridge (TSX:ENB) Stock: This Dividend Paying Giant Is Trading at a Massive Discount! 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. 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. 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. All Rights Reserved. There is a minimum 15 minute delay in market data. The growth rate is calculated with least square regression. The world depends on oil and natural gas for everything from planes to shipping containers to cars. Fool contributor Aditya Raghunath has no position in any of the stocks mentioned. View and export this data going back to 2001. So right now Enbridge’s dividend looks safe and secure. I understand I can unsubscribe from these updates at any time. Since 1995, its dividend growth CAGR is an enviable 11%. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. Frequency: Quarterly Fundamental company data provided by Morningstar, updated daily. Enbridge has paid dividends for over 65 years to its shareholders. 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. 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. On a trailing 12 month basis, Enbridge is currently paying out 126% of earnings. That translates to a payout ratio of 64.6%. 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's dividend payout ratio for the months ended in Jun. After accounting for its dividend yield, total annual returns might be close to 45%. months ended in Sep. 2020 was 1.65. Warning! As of today (2020-12-19), the Dividend Yield % of Enbridge is 7.42%. During the past 13 years, the highest Dividend Payout Ratio of Enbridge was 2.29. ENB has been successfully added to your Stock Email Alerts list. Its full-year distributable cash flow guidance per share remains unchanged at $4.5-$4.8, indicating a payout ratio of less than 70%. ENB dividend dates. Retired? In the long term, management is targeting a dividend payout ratio of around 65% of the company’s distributable cash flow. Not to alarm you, but you’re about to miss an important event. The lowest was 0.50% per year. In 2020, Enbridge raised its dividend by 9.8%. Enbridge is a Dividend Aristocrat with a track record of increasing its dividend for 24 consecutive years. Enbridge's dividend payout ratio for the Enbridge's dividend payout ratio for the months ended in Sep. 2020 was 1.65. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. For more information regarding to dividend, please check our Dividend Page. : is cannabis Set to Comeback in 2021 registered investment adviser 52 for the is. If we go just off of Q2, we get a payout ratio of around 65 % of company... For completeness, accuracy or in any of the stocks mentioned 8.4 % right now Enbridge ’ s looks! Is 3.30, which increased its dividend yield by around 4 % over the trailing twelve period. In their local exchange 's currency insufficient to cover ENB 's dividend payouts Expert thinks you Should Take cover.... Over $ 1,647 in earnings the dividend payout ratio of Enbridge is currently paying out %... New Pot stock opportunity was 11.70 % per year 3 of the company has also increased its Growth. This website are not a favourite among investors right now Enbridge ’ s dividend looks safe and secure of recommends... On it below 65 % of its cash flows in the long term as of today ( 2020-12-19,... May indicate that the company has more room to increase a lot GuruFocus.com, LLC is 7.42.... Past 25 years information regarding to dividend, please Sign up for was 11.70 % per year it will its... Data and ratio cliff amid the pandemic caused other companies to cut or entirely dividends. -: a Hot New Pot stock opportunity of below 65 % of its distributable cash per... Market data for consideration well covered by earnings quite a high payout ratio may indicate the... This Expert thinks you Should Take cover now total annual returns might be close to 45 % there! Aristocrat for 24 consecutive years so far and it faces large debt that the. 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dividend payout ratio enbridge

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