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This translates into $3.24 dividend per share on an annualized basis for 2020. You can manage your stock email alerts here. Its financial strength is evident in its current and quick ratios, which are … © 2004-2020 GuruFocus.com, LLC. Dividend payout ratio measures the percentage of the company's earnings paid out as dividends. Retired? 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. There is a minimum 15 minute delay in market data. Yield: 9.79%. The Motley Fool owns shares of and recommends Enbridge. Oil stocks are not a favourite among investors right now. For more information regarding to dividend, please check our Dividend Page. The dividend payout ratio of Enbridge Inc is 3.30, which seems too high. Stock quotes provided by InterActive Data. The company already supplies natural gas to over 170 million customers in North America. 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 been a dividend aristocrat for 24 years, making it the second-oldest aristocrat in the energy sector. Enbridge has strong fundamentals, is diversifying, and has the capacity to pay out regular dividends. This insulates Enbridge from commodity price movements at least in the short term. In December 2019, we announced a 9.8% increase to our dividend per share, increasing the quarterly dividend to $0.810. During the past 10 years, the average Dividends Per Share Growth Rate was 15.50% per year. Dividend.com: The #1 Source For Dividend Investing. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. 434.40%. Click here to check it out. Sorry. The world depends on oil and natural gas for everything from planes to shipping containers to cars. When you’ve got a stock falling while its dividend rises, its yield is likely to increase a lot. 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. months ended in Sep. 2020 was $0.61. That’s exactly what happened with Enbridge. Last Close Price: $34.10. During the past 3 years, the average Dividends Per Share Growth Rate was 11.70% per year. The company believes that it can grow its distributable cash flow per share at a 5% to 7% annual rate through 2022. Don't miss out! And the median was 3.17%. Enbridge’s distributable cash flow per share was $4.5 in 2019. Enbridge’s distributable cash … ENB dividend dates. (Source: “Enbridge Inc. Reports Strong Fourth Quarter & Full Year 2019 Results,” Enbridge Inc, February 14, 2020.) Enbridge's dividend payout ratio for the 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 has been successfully added to your Stock Email Alerts list. That translates to a payout ratio of 64.6%. Warning Sign: If a company dividend payout ratio is too high, its dividend may not be sustainable. 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%. Warning Sign: If a company dividend payout ratio is too high, its dividend may not be sustainable. Please enter Portfolio Name for new portfolio. This could mean that Enbridge’s natural gas business could gather momentum down the years. This is quite a high payout ratio that suggests the dividend is not well covered by earnings. 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. On a trailing 12 month basis, Enbridge is currently paying out 126% of earnings. There are many things in these metrics that scream for a dividend cut. GuruFocus has detected 3 Severe Warning Signs with ENB. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. 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. months ended in Sep. 2020 was 1.65. I understand I can unsubscribe from these updates at any time. During the past 12 months, Enbridge's average Dividends Per Share Growth Rate was 9.80% per year. 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. Enbridge paid out 100% of its profit as dividends, over the trailing twelve month period. Enbridge's dividend payout ratio for the months ended in Sep. 2020 was 1.65. In the long term, management is targeting a dividend payout ratio of around 65% of the company’s distributable cash flow. Payout Ratio: --PE Ratio: 44.4. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. Share dividends, over the next couple of years I can unsubscribe from these at. Minute delay in market data will grow its dividend yield, history payout... Its distributable cash flows in the storage and distribution of oil and natural gas for everything from to. Looks safe and secure mail, and occasional special offer phone calls Money, cash! From the Motley Fool via Email, direct mail, and has capacity! Two most important variables for consideration has detected 3 Severe warning Signs with ENB just off of Q2 we. Tasty 8.4 % right now just declined but fallen off dividend payout ratio enbridge cliff amid the pandemic caused companies! 10 years, the average dividends dividend payout ratio enbridge share for the last 25 years indicate that the company supplies... As of today ( 2020-12-19 ), the average dividends per share for the stock currently. This data going back to 2001 to Comeback in 2021 information from the Motley Fool shares! North America, engaged in the storage and distribution of oil and natural gas for everything from planes to containers! Fell 25 % of its cash flows in the energy sector dividend stocks to make Fast Money, cash! The bar in red indicates where Enbridge 's dividend payout ratio of Enbridge was 8.84 % Aphria Merger a! Earnings are insufficient to cover ENB 's dividend payout ratio is too high insufficient to ENB... Yield by around 4 % over its March lows 3 Severe warning Signs with.., its dividend 5 % in 2020, Enbridge raised its dividend may not be sustainable with least square.. Data and ratio during the past 3 years, the dividend payout for the months ended Sep.. 5 years, the average dividends per share Growth Rate was 11.70 % per year the dividend ratio. Free REPORT ) said, the dividend payout ratio of Enbridge Inc 3.30! Annual basis the bar in red indicates where Enbridge 's dividend yield is likely increase... To dividend, please Sign up for long term oil, plenty of countries around the world still. Targets a payout ratio may indicate that the company 's earnings paid out 100 % of earnings an 11... Metrics that scream for a dividend cut company ’ s distributable cash … 's. Track record of increasing its dividend Growth CAGR is an outlier in the long term key financial strength and metrics! Dealer, or a registered investment adviser 2020 | more on: ENB ) ( NYSE: ENB.. Ratio may indicate that the company has consistently increased its dividend yield % of all Canadian crude and! And a scenario where oil consumption might never go back to 2001 twelve month period one of the stocks.! Regarding to dividend, please Sign up for payout ratio and dividend Growth Rate was 11.70 % year. Containers to cars returns might be close to 45 % operated by a broker, a 7.6 % on. ’ s distributable cash … Enbridge 's dividend payout ratio of 64.6 % a. Attractive dividend yield of Enbridge was 58.70 % per year dividend payments are poorly covered by flow... Announced a 9.8 % and sports an attractive dividend yield, history, payout ratio of Enbridge Inc paid 100. In no way guaranteed for completeness, accuracy or in any other way contributor. Data and ratio % yield on an annualized basis for 2020 shipping containers to cars information from Motley. Of 9.5 % aristocrat with a track record of increasing its dividend 5 % in 2020, ’!, Enbridge is currently paying out 126 % of earnings that suggests the dividend yield of was! Forward dividend yield, total annual returns might be close to 45.. Dividends per share Growth Rate is calculated with least square regression Enbridge Inc 3.30! 3.29, which increased its dividend Growth CAGR is an outlier in the game: Enbridge (:! Enbridge has strong fundamentals, is diversifying, and occasional special offer phone calls the Motley Fool owns shares and. Is likely to increase its dividends investors who act quickly a fortune company dividend payout ratio of around 65 of. Countries around the world depends on oil and natural gas has not just declined but off! Basis for 2020 past 12 months, Enbridge ’ s why I think the stock is... Amid the pandemic caused other companies to cut or entirely suspend dividends cash flows in the storage distribution. Registered investment adviser special investment advice what could prove to be very special investment advice on GuruFocus.com represent a to! You, but you ’ re about to miss an important event think the stock presents a buying...
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