Here's Why Enbridge Is a No-Brainer Dividend Stock
At one point in its history, most of Enbridge's (NYSE: ENB) top and bottom lines were driven by its oil pipelines. A lot has changed as the North American midstream giant looks to shift along with the world toward cleaner energy sources. But one thing hasn't changed: Enbridge is a reliable dividend payer.
Recent moves suggest that Enbridge could even be a no-brainer choice for more conservative income investors.
While the past doesn't predict the future, particularly in finance, it is often all investors have to go on when analyzing a stock. And when it comes to Enbridge's commitment to paying dividends, well, the past is pretty compelling. To put a number on that, the company has increased its dividend annually for 28 consecutive years.
Source Fool.com
