Enbridge (NYSE: ENB) has enriched investors over the years. The Canadian energy infrastructure behemoth pays a massive and steadily growing dividend (currently yielding 7.7%). The high-yielding payout, combined with its growing earnings, has given it the fuel for an 11.2% compound annual growth rate in its total shareholder return over the last 20 years. That's outperformed the S&P 500's total return of 9.7%, as well as Enbridge's peers in the utilities (8%) and midstream (7.7%) sectors.

The pipeline and utility giant should be able to continue producing double-digit annualized total returns over the next several years. Here's a look at two factors supporting that view.

One of the great things about dividend stocks like Enbridge is that they supply investors with a tangible base return in the form of dividend income. At its current dividend payment level, Enbridge can generate an annual income return of roughly 7.7% for investors who buy around the current price.

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Source Fool.com