Enbridge avoids layoffs, but… On June 17, Enbridge announced that close to 800 employees took leaves of absence, moved to part-time, or accepted early retirement packages. Putting your money into them today could lead to significant losses in the weeks and months ahead. 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. The dividend is safe when you consider ENB's distributable cash flow. Canada Pension Plan: Should You Start Your CPP at 60, 65, or 70. Now read: About Enbridge: Should You Fear A Dividend Cut? *Exceptions to the above: September 1, 2013 Enbridge Inc. Common Share Dividend: Please note that a portion of the $0.3150 September 1, 2013 Enbridge Inc. Common Share dividend was not designated as an “eligible dividend” pursuant to Subsection 89(14) of the Income Tax Act. Enbridge has increased its dividend payout even as the pandemic caused other companies to cut or … Enbridge has been plagued with project delays well before the coronavirus crisis hit. The first split for ENB took place on May 31, 2005. In an update of its financial guidance, Enbridge (NYSE:ENB) reaffirms its outlook for 5%-7% average long-term annual distributable cash flow per … Investors fully expect Enbridge Energy Partners (EEP) to cut its dividend when it completes its strategic review, now extended into the second quarter in its latest earnings report. David Jagielski | April 8, 2020 | More on: ENB ENB. The 25-year mark is especially significant to dividend investors, as that’s when stocks are considered to be Dividend Aristocrats. Enbridge Inc., a Canadian company, is a leader in energy transportation and distribution in North America and internationally. It has also proven it can adapt through difficult times. Prior to 2011, investors received a taxable distribution directly from the Fund. Enbridge Energy Partners’ stock has a yield of 14.66% and has the third highest yield of the Oil & Gas Pipelines Industry. Market Crash 2021: 2 Safe Stocks if You’re Scared, Retired? Dividend Safety Scores cut through the noise to assess how likely a company is to put its dividend on the chopping block. And the problem is that in 2020, demand for oil likely going to be significantly lower. which shouldn’t come as much of a surprise to investors. In short, investors shouldn’t expect oil and gas stocks to recover until COVID-19’s no longer posing a threat to the global economy, and that could be a while. The pipeline company says it will start paying a quarterly dividend of 81 cents, effective March 1, up from its previous rate of 73.8 cents. Enbridge Inc (TSX:ENB)(NYSE:ENB) has fallen 33% in just the past month. That’s a concern for Enbridge investors, as it pushes more pressure on the possibility that a dividend cut may be inevitable. Enbridge has delivered 16% dividend growth per year on average over the past 10 years. Enbridge stock has been a ridiculously volatile roller-coaster ride over the past five years. However, recent moves announced by the company suggest that management is looking for ways to cut costs, which could mean a possible dividend cut could be on the horizon. Why a potential dividend cut won’t be detrimental for Enbridge investors 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. Current as of December 19, 2020. But at over 8%, it’s glaring. 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. Dividend history information is presently unavailable for this company. Enbridge has delivered 16% dividend growth per year on average over the past ten years. So this dividend makes sense to us in 2021," Monaco said. Enbridge has done a good job of weathering the storm up until now, but my concern is that any more adversity could put the stock under pressure to cut its payouts. 3 of the Best Dividend Stocks to Make Fast Money. On June 17, Enbridge announced that close to 800 employees took leaves of absence, moved to part-time, or accepted early retirement packages. Last year's total dividend payments show that Enbridge has a trailing yield of 7.3% on the current share price of CA$44.17. Is Enbridge (TSX:ENB)(NYSE:ENB) the next to suspend or cut its dividend? 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