Take a Bite Out of This Safe and Reliable Dividend Stock That Yields 6% as Trade War Tensions Escalate

Market Overview - U.S. stocks have shown volatility recently, with a sell-off on October 10 following President Trump's announcement of 100% tariffs on China, but a recovery occurred as the president softened his stance [1] - Stocks are trading lower again after China retaliated by imposing sanctions on five U.S. subsidiaries of South Korean shipbuilder Hanwha Ocean [1][2] Enbridge Investment Insights - Enbridge is considered an attractive dividend stock due to several factors, including the potential resurgence of high-yield dividend stocks as the Federal Reserve begins rate cuts [4] - The company is positioned to benefit from increasing energy demand from data centers, with 29 new data centers located within 50 miles of its natural gas systems [5] Financial Stability and Growth - Enbridge generates 80% of its EBITDA from assets with revenue inflators or regulatory mechanisms, providing stable and predictable earnings, having met financial guidance for 19 consecutive years [6] - The company has a high payout ratio, having paid dividends for 70 consecutive years and increased them for the last 30 years at a CAGR of 10%, with a current dividend yield of 5.7% [6] - Enbridge anticipates average annual earnings and DCF growth of 5% until the end of the decade, expecting to return between $40 billion and $45 billion to shareholders over the next five years, compared to $35 billion in the previous five years [6]