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

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