For more information regarding to dividend, please check our Dividend Page. The lowest was 2.26%. 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. The dividend payout ratio of Enbridge Inc is 3.30, which seems too high. There are many things in these metrics that scream for a dividend cut. months ended in Sep. 2020 was 1.65. Payout Ratio: --PE Ratio: 44.4. Past performance is a poor indicator of future performance. Dividend.com: The #1 Source For Dividend Investing. * The bar in red indicates where Enbridge's Dividend Payout Ratio falls into. 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. Warning Sign: If a company dividend payout ratio is too high, its dividend may not be sustainable. During the past 3 years, the average Dividends Per Share Growth Rate was 11.70% per year. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The reason ENB’s yield is so high is because its dividend payout is increasing, while its share price falls. Yield: 9.79%. Enbridge last raised its dividend payout by 9.8% and sports an attractive dividend yield of 9.5%. (Source: “Enbridge Inc. Reports Strong Fourth Quarter & Full Year 2019 Results,” Enbridge Inc, February 14, 2020.) The Motley Fool Canada » Dividend Stocks » Enbridge (TSX:ENB) Stock: This Dividend Paying Giant Is Trading at a Massive Discount! Enbridge's dividend payout ratio for the Enbridge paid out 100% of its profit as dividends, over the trailing twelve month period. The stock information below is provided by Nasdaq. View and export this data going back to 2001. The lowest was 0.50% per year. GuruFocus has detected 3 Severe Warning Signs with ENB. While the prospects for oil look bleak right now, it is not as if the commodity is going to disappear from our lives overnight. Enbridge's dividend payout ratio for the months ended in Jun. * All numbers are in millions except for per share data and ratio. ENB earnings are insufficient to cover ENB's dividend payouts. The growth rate is calculated with least square regression. Enbridge’s forward dividend yield is a tasty 8.4% right now. At the same time, its stock fell 25%. Enbridge transports 66% of all Canadian crude exports and around 25% of all crude oil in North America. So right now Enbridge’s dividend looks safe and secure. 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. Click here to check it out. 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. In December 2019, we announced a 9.8% increase to our dividend per share, increasing the quarterly dividend to $0.810. 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. We expect the company to maintain a 1.45% coverage ratio and a 68% dividend payout ratio … During the past 12 months, Enbridge's average Dividends Per Share Growth Rate was 9.80% per year. This could mean that Enbridge’s natural gas business could gather momentum down the years. Enbridge’s distributable cash … Tilray and Aphria Merger: A Hot New Pot Stock Opportunity? Market Cap: 69.06B. This insulates Enbridge from commodity price movements at least in the short term. During the past 13 years, the highest Dividend Payout Ratio of Enbridge was 2.29. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. Enbridge offers a unique value proposition that brings together a combination of transparent growth, a reliable, low-risk business model and significant dividend income. Fundamental company data provided by Morningstar, updated daily. The company also increased its quarterly dividend by 3% to CAD 0.835, a 7.6% yield on an annual basis. That brings up Kinder Morgan, which increased its dividend 5% in 2020. Its financial strength is evident in its current and quick ratios, which are … Is it really the case? ENB dividend payout ratio Enbridge Inc paid out 434.4% of its net income over the trailing twelve months. 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 company believes that it can grow its distributable cash flow per share at a 5% to 7% annual rate through 2022. months ended in Sep. 2020 was $0.61. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. 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. If a company dividend payout ratio is too high, its dividend may not be sustainable. Dividend. Enbridge has paid dividends for over 65 years to its shareholders. Stock quotes provided by InterActive Data. Returns since inception, October 2013. And the median was 3.17%. Enbridge's dividend payout ratio for the months ended in Sep. 2020 was 1.65. 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. In 2020, Enbridge raised its dividend by 9.8%. In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. Since 1995, its dividend growth CAGR is an enviable 11%. In the long term, management is targeting a dividend payout ratio of around 65% of the company’s distributable cash flow. Please enter Portfolio Name for new portfolio. This is quite a high payout ratio that suggests the dividend is not well covered by earnings. 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. Please read the Privacy Statement and Terms of Service for more information. News/Announcments: None Updated: 2020-12-11. 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. When you’ve got a stock falling while its dividend rises, its yield is likely to increase a lot. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Aditya Raghunath | October 6, 2020 | More on: ENB ENB. Even if the continent reduces dependency on oil, plenty of countries around the world are still dependent on it. Only PremiumPlus Member can access this feature. The dividend payout ratio of Enbridge Inc is 3.30, which seems too high. 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. Warning! Don't miss out! That is, $1,641 in common share dividends, over $1,647 in earnings. Analysts tracking Enbridge have a 12-month average target price of $52 for the stock which is 35% above its current trading price. 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. 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. We credit this unique value proposition for delivering excellent returns to shareholders year after … There is a minimum 15 minute delay in market data. 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. ... 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% Sorry. Enbridge also has a growing portfolio of renewable assets. If we go just off of Q2, we get a payout ratio of about 100%. Market Crash: This Expert Thinks You Should Take Cover Now. ... 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 However, there is an outlier in the game: Enbridge (TSX:ENB)(NYSE:ENB). The lowest was 0.68. Enbridge's dividend payout ratio for the months ended in Sep. 2020 was 1.65. The Motley Fool owns shares of and recommends Enbridge. Over the past 25 years, the dividend has grown at an average compound annual growth rate of 11%. A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. A lower payout ratio may indicate that the company has more room to increase its dividends. Speaking of undervalued dividend stocks.... Just Released! Oil stocks are not a favourite among investors right now. 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. EBBGF's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! Retained earnings-334.40%. Enbridge has been a dividend aristocrat for 24 years, making it the second-oldest aristocrat in the energy sector. © 2020 The Motley Fool Canada, ULC. 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. Its full-year distributable cash flow guidance per share remains unchanged at $4.5-$4.8, indicating a payout ratio of less than 70%. Enbridge is a Dividend Aristocrat with a track record of increasing its dividend for 24 consecutive years. © 2004-2020 GuruFocus.com, LLC. Minimum 15 minutes delayed. For 2019, Enbridge paid around 65% of its cash flows as dividends. ENB has been successfully added to your Stock Email Alerts list. Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. 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%. 2020 was 0.99. The company already supplies natural gas to over 170 million customers in North America. Payout ratio. Data provided by Nasdaq. Our team thinks these 5 stocks are critically undervalued, but more importantly, could potentially make Canadian investors who act quickly a fortune. Next dividend payment date Mar 1, 2021 Enbridge’s distributable cash flow per share was $4.5 in 2019. Enbridge Inc stock rating and analysis - : a summary of key financial strength and profitability metrics. 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'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 has increased its dividend payout even as the pandemic caused other companies to cut or entirely suspend dividends. Note: Enbridge's dividend is paid in Canadian dollars, so the U.S. dollar value of the dividend fluctuates with exchange rates. Fool contributor Aditya Raghunath has no position in any of the stocks mentioned. The company has also increased its dividend for 25 consecutive years so far and it faces large debt. Simply click the link below to grab your free copy and discover all 5 of these stocks now. 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 … Enbridge expects its 2020 payout ratio, based on its distributable cash flow, to be approximately 68-72%. All rights reserved. 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. The world depends on oil and natural gas for everything from planes to shipping containers to cars. 3 of the Best Dividend Stocks to Make Fast Money, distributable cash flow guidance per share. This translates into $3.24 dividend per share on an annualized basis for 2020. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. During the past 13 years, the highest Trailing Annual Dividend Yield of Enbridge was 8.84%. 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. You can manage your stock email alerts here. ENB has been removed from your Stock Email Alerts list. During the past 10 years, the average Dividends Per Share Growth Rate was 15.50% 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. As of today (2020-12-19), the Dividend Yield % of Enbridge is 7.42%. This would imply a sustainable payout ratio of approximately 70%. The dividend payout ratio of Enbridge Inc is 3.29, which seems too high. Frequency: Quarterly The stock is currently trading at $38.6, just 16% over its March lows. Enbridge has strong fundamentals, is diversifying, and has the capacity to pay out regular dividends. ENB dividend dates. Enbridge's Dividends per Share for the When you … During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Enbridge was 58.70% per year. With a cash payout ratio of 170%, Enbridge’s dividend payments are poorly covered by cash flow. After accounting for its dividend yield, total annual returns might be close to 45%. That’s exactly what happened with Enbridge. Current as of December 19, 2020. Here’s why I think the stock presents a tremendous buying opportunity. All numbers are in their local exchange's currency. Enbridge’s dividend hike. The company targets a payout ratio of below 65% of its distributable cash flows in the long term. All Rights Reserved. Not to alarm you, but you’re about to miss an important event. Enbridge is one of the largest midstream companies in North America, engaged in the storage and distribution of oil and natural gas. Dividend payout ratio measures the percentage of the company's earnings paid out as dividends. I understand I can unsubscribe from these updates at any time. The company has consistently increased its dividend payout for the last 25 years. 5 Stocks Under $49 (FREE REPORT). Its full-year distributable cash flow guidance per share remains unchanged at $4.5-$4.8, indicating a payout ratio of less than 70%. Last Close Price: $34.10. And the median was 1.12. That translates to a payout ratio of 64.6%. Cannabis 2.0: Is Cannabis Set to Comeback in 2021? 434.40%. The company guidance indicates that it will grow its dividend yield by around 4% over the next couple of years. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. On a trailing 12 month basis, Enbridge is currently paying out 126% of earnings. Retired? This is your chance to get in early on what could prove to be very special investment advice. That said, the demand for oil and natural gas has not just declined but fallen off a cliff amid the pandemic. In the first six months, the company’s dividend payout ratio stood at 64% which is lower than its payout target of 65%. During the past 5 years, the average Dividends Per Share Growth Rate was 15.20% per year. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. And the median was 10.90% per year. Enbridge targets a payout ratio below 65% of its DCF. 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 Investors who act quickly a fortune and export this data going back to 2001 track of. Above its current trading price owns shares of and recommends Enbridge, or a registered investment.! Growing portfolio of renewable assets oil stocks is likely to increase a lot income over trailing! Time, its stock fell 25 % of all crude oil in North.! To buy or sell a security performance is a dividend dividend payout ratio enbridge natural gas to over million... Go just off of Q2, we get a payout ratio Enbridge Inc stock rating and analysis -: Hot... 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