Enbridge Dividend yield

 Price  47.44
 Dividend  3.55
 Earnings  1.52
 Cash-flow  5.93
 Book value  26.36
 Equity  26.21

Enbridge is part of Oil Equipment Services and Distrib. business, which is part of Oil and Gas industry. Enbridge is a company from Canada, and his stocks are publicly traded.

Enbridge stock dividend

Enbridge paid a total dividend of 7,192 million CAD last year, for a market value of 96,113 millions (Market Cap 95,975 millions). Enbridge dividend per share is 3.55 CAD, and his stock market price 47.44 CAD.

According to the chart below, where dividend yield is displayed, Enbridge has a dividend yield of 7.48%, which is higher than the amount offered by both the market average and companies from Canada. It is also bigger than average of Oil and Gas industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Enbridge stocks dividend with other Oil Equipment Services and Distrib. companies or other of the highest Canada dividend stocks list.

Dividend yield of Enbridge

Enbridge Dividend Payout

About the ability of Enbridge to maintain his current dividend of CAD 3.55 per share, an amount that accounts for 7.48%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Enbridge payout on ernings is currently 233.55%, which is higher than the market average, and companies of Oil and Gas industry, which are 39.34% and 38.55% respectively. Both figures show that Enbridge can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Enbridge is CAD 5.93 per share, which is higher than the dividend per share paid by the company of CAD 3.55, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Enbridge, compared againt world market average, Canada companies, Oil and Gas industry and Oil Equipment Services and Distrib. sector companies.

Enbridge payout

Enbridge Dividend History

Below you will find a table with the historical evolution of Enbridge's dividend stock, both in percentage and in CAD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  CAD  Paypout  Shares* 

*In millions

Then you can see the evolution of Enbridge dividend stock, and compare it with the average of Canada stocks and that of the Oil Equipment Services and Distrib. stocks.

Enbridge stock dividend history

Enbridge Stock performance

Finally, last moth Enbridge showed a return of -2.10% compared to a worldwide -2.49% average, and a -1.44% of Oil and Gas firms. Over the last year, the company obtained a -12.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Canada and Oil Equipment Services and Distrib. firms.

Enbridge stock and market return