Enbridge: North America's Biggest Midstream Star
Enbridge(ENB) Seeking Alpha·2024-04-10 07:44
ehrlif/iStock Editorial via Getty Images Introduction As I continue exploring large high-yielding names, Enbridge's (NYSE:ENB) stock grabbed my attention with its 7.5% forward dividend yield. I might disappoint growth investors because given the specifics of the midstream industry, ENB is very unlikely to be a multi-bagger. However, since I am looking for a high conviction and high-dividend stock, I pay more attention on the dividend safety when I analyze companies like ENB. There are numerous reasons w ...