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Enbridge a Top Ranked SAFE Dividend Stock With 7.2% Yield (ENB)

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Enbridge Inc (NYSE:ENB) has been named to the Dividend Channel ''International S.A.F.E. 10'' list, signifying an international stock with above-average ''DividendRank'' statistics including a strong 7.2% yield, as well as a superb track record of at least five years of dividend growth, according to the most recent ''DividendRank'' report.

According to the ETF Finder at ETF Channel, Enbridge Inc is an underlying holding representing 3.90% of the Powershares International Dividend Achievers ETF (PID), which holds $43,709,166 worth of ENB shares.

Enbridge Inc (NYSE:ENB) made the "Dividend Channel International S.A.F.E. 10" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless five year history — never a missed or lowered dividend; E. Enduring — at least a half-decade of dividend payments.

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The annualized dividend paid by Enbridge Inc is $2.63126/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 05/12/2023. Below is a long-term dividend history chart for ENB, which the report stressed as being of key importance.

ENB operates in the Oil & Gas Equipment & Services sector, among companies like Enterprise Products Partners L.P. (EPD), and Williams Cos Inc (WMB).