This 6.5%-Yielding Dividend Stock Continues to Add to its Massive Growth Backlog and Has Plenty More Growth Coming Down the Pipeline
Enbridge (ENB 2.26%) offers investors a monster income stream. The Canadian pipeline and utility currently yields 6.5%, which is several times higher than the S&P 500's 1.3% yield. That lucrative income stream is only part of the draw. Enbridge also has a massive backlog of expansion projects to fuel its growth for several years. Add that growth to its income stream, and Enbridge could produce a powerful total return in the coming years, making it a great long-term investment opportunity.Adding more fuel to ...