Is Enbridge Income Fund a good dividend stock?

Enbridge Income Fund (TSE:ENF) pays an annual dividend of C$2.26 per share and currently has a dividend yield of 7.09%. ENF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 82.87%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for ENF .

What other stocks do shareholders of Enbridge Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Enbridge Income Fund investors own include Intact Financial (IFC) , Constellation Software (CSU) , AutoCanada (ACQ) , Enbridge (ENB) , Alimentation Couche-Tard (ATD.B) , AbbVie (ABBV) , Vermilion Energy (VET) , Wheaton Precious Metals (WPM) , Toronto-Dominion Bank (TD) and Rogers Communications (RCI) .

TSE:ENF

Enbridge Income Fund (ENF) Stock Price, News & Analysis

→ New crypto project uncovers 2,050% in 65 days (From InvestorPlace) (Ad)

Free ENF Stock Alerts

Notice: This company has been marked as potentially delisted and may not be actively trading.

Compare

Today's Range: N/A
50-Day Range: N/A
52-Week Range: N/A

Volume: 4.71 million shs
Average Volume: 585,434 shs
Market Capitalization: C$5.55 billion

P/E Ratio: 11.69
Dividend Yield: 7.09%
Price Target: N/A

Stock Analysis

Get Enbridge Income Fund alerts:

Ad Altimetry

I’m officially sounding the alarm.

AI has been the hottest financial story of 2023. And rightly so – AI stocks have beat the broader market by over 62%. But right now, my system is warning me that many AI stocks are riding higher on hype alone.

Just click here to watch my full uncensored interview.

About Enbridge Income Fund Stock (TSE:ENF)

Enbridge Income Fund Holdings Inc., through its investment in Enbridge Income Fund, holds energy infrastructure assets in Canada. The company holds interests in the 2,306-kilometre Canadian Mainline, the Regional Oil Sands System, and Southern Lights Pipeline, as well as other crude oil gathering pipelines and storage facilities in Alberta, Saskatchewan, Manitoba, Ontario, and Quebec; and crude oil storage terminals and caverns in Hardisty, Alberta. It also owns a 50% interest in the 3,719-kilometre Alliance System, which transports natural gas from western Canada and the Bakken region to delivery points near Chicago, Illinois. In addition, the company holds interests in 14 renewable and alternative power generation assets that include solar, wind, and waste heat recovery facilities comprising a generation capacity of approximately 1400 megawatts of power in the areas of Alberta, Saskatchewan, Ontario, and Quebec. Enbridge Income Fund Holdings Inc. was incorporated in 2010 and is headquartered in Calgary, Canada.

Ad Altimetry

I’m officially sounding the alarm.

Just click here to watch my full uncensored interview.

ENF Stock News Headlines

March 24, 2024 | finance.yahoo.com

Bluerock Total Income + Real Estate Fund (TIPWX)

March 14, 2024 | wsj.com

Enbridge Inc. Cum. Redeem. Pfd. Series L

April 19, 2024 | InvestorPlace (Ad)

New crypto project uncovers 2,050% in 65 days

During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.

January 15, 2024 | seekingalpha.com

UTF: Buy This Fund And 1 Other Fund For Reliable Income

December 22, 2023 | seekingalpha.com

KRIUF The Keg Royalties Income Fund

November 30, 2023 | seekingalpha.com

UTF: This CEF Is Facing Increasingly Fierce Headwinds

November 26, 2023 | investing.com

Pimco Gis Income Fund Administrative Usd Income (0P0000XMS5)

November 9, 2023 | finance.yahoo.com

Enbridge Income Fund Holdings Inc. (ENF.TO)

April 19, 2024 | InvestorPlace (Ad)

New crypto project uncovers 2,050% in 65 days

During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.

September 9, 2023 | finance.yahoo.com

Should You Be Tempted To Buy Enbridge Income Fund Holdings Inc (TSE:ENF) Because Of Its PE Ratio?

June 19, 2023 | bloomberg.com

Enbridge to Appeal Court Order to Move Line 5 Within Three Years

May 31, 2023 | wsj.com

Franklin Managed Income Fund;A

May 24, 2023 | wsj.com

MFS Diversified Income Fund;A

May 4, 2023 | msn.com

Enbridge Inc - FXDFR PRF PERPETUAL USD 25 - Ser L (EBBNF) Declares $0.37 Dividend

April 11, 2023 | wsj.com

Enbridge Inc. 4% Pfd. Series R

April 7, 2023 | fool.ca

3 Ways Enbridge Appeals to Both Income and Growth Investors

April 2, 2023 | fool.ca

A Dividend Heavyweight I’d Buy Over Enbridge Right Now

March 31, 2023 | fool.ca

Better Buy for TFSA Passive Income: Fortis Stock or Enbridge?

March 17, 2023 | benzinga.com

Enbridge Stock (NYSE:ENB), Guidance and Forecast

March 15, 2023 | seekingalpha.com

AMECX American Funds The Income Fund of America® A

February 17, 2023 | ca.finance.yahoo.com

Enbridge Inc. (ENB-PFU.TO)

February 16, 2023 | morningstar.com

Carillon Chartwell Income Fund

October 29, 2022 | wsj.com

Enbridge Inc. 6.375% Fixed-to-Floating Rate Sub. Notes Series 2018-B due 2078

October 17, 2022 | nasdaq.com

Enbridge says agreed to pay $11 mln on Line 3 penalties

October 17, 2022 | news.yahoo.com

Protesters raise concerns over Enbridge pipeline project and its impact on the Great Lakes

September 23, 2022 | fool.com

Enbridge (NYSE: ENB)

September 22, 2022 | seekingalpha.com

ENB.PFA:CA Enbridge Inc. 4.4% PFD SER 9

See More Headlines

Receive ENF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Enbridge Income Fund and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Oils/Energy
Industry: Oil & Gas Midstream
Sub-Industry: N/A
Current Symbol: TSE:ENF
CUSIP: N/A
CIK: N/A
Web: www.enbridgeincomefund.com
Phone: +1-403-2313900
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 11.69
Forward P/E Ratio: N/A
P/E Growth: 8.68
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.98
Quick Ratio: 0.98

Sales & Book Value

Annual Sales: C$426 million
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 2,898.18
Book Value: C$30.84 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 174,000,000
Free Float: N/A
Market Cap: C$5.55 billion
Optionable: Not Optionable
Beta: N/A

12 Stocks Corporate Insiders are Abandoning

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

Key Executives

Mr. Perry Frank Schuldhaus
Pres
Mr. Patrick Robert Murray
CFO & VP of Fin.
Ms. Nafeesa Kassam
Mang., Investor Relations
Mr. Adam McKnight
Director, Corp. Devel.
Ms. Wanda Marie Opheim (Age 55)
Treasurer

Key Competitors

View All Competitors

ENF Stock Analysis - Frequently Asked Questions

Is Enbridge Income Fund a good dividend stock?: Enbridge Income Fund (TSE:ENF) pays an annual dividend of C$2.26 per share and currently has a dividend yield of 7.09%. ENF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 82.87%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for ENF.
What other stocks do shareholders of Enbridge Income Fund own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Enbridge Income Fund investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Enbridge (ENB), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Toronto-Dominion Bank (TD) and Rogers Communications (RCI).

This page (TSE:ENF) was last updated on 4/19/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Enbridge Income Fund (ENF) Stock Price, News & Analysis

About Enbridge Income Fund Stock (TSE:ENF)

ENF Stock News Headlines

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

ENF Stock Analysis - Frequently Asked Questions

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info