Why This High-Yield Dividend Stock Should Be Your First Choice for a Sustainable Income Stream
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Hundreds of companies pay dividends. Many offer dividend yields well above average (the S&P 500's dividend yield is around 1.2%). That can make it difficult for income-seeking investors to choose which ones belong in their portfolio. Enbridge (NYSE: ENB) believes its more than 6%-yielding dividend should be at the top of every income investor's list. And I agree. Here's why the Canadian pipeline and utility company thinks it's a first-choice investment opportunity.Enbridge's management team discussed the dividend on the recent fourth-quarter conference call with analysts. "Our steadily growing dividend supported by a utility-like cash flow profile, remains a cornerstone of our investment offering, as demonstrated by 30 years of consecutive dividend increases," said CEO Greg Ebel. Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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