Could Buying Enbridge Stock Today Set You Up for Life?
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The big reason for most investors to buy Enbridge (NYSE: ENB) is its attractive 5.8% dividend yield. But the story behind that yield is even more enticing than the yield. Here's why this Canadian midstream giant could set dividend lovers up for a lifetime of reliable dividend payments.Dividend investors often start first with a stock's dividend yield, which makes sense. On that score, Enbridge is very attractive. The S&P 500 index (SNPINDEX: ^GSPC) yields a miserly 1.2%. The average energy stock yields nearly 4%. And Enbridge is yielding a bit over 5.8%. It's clearly an attractive income choice relative to other options.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool