dividend payout ratio enbridge

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

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