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Data last updated: Oct 09, 2026
Snapshot (as of Oct 09, 2026): Enbridge Inc. (ENB) pays a $3.85 annual dividend ($0.96 quarterly), yielding 5.82% at $46.54/share. Next ex-dividend date 2026-08-14. 18 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 5.82%
Annual Dividend: $3.85 per share
Payout Ratio: 135.3%
Ex-Dividend Date: 2026-08-14
Dividend Frequency: quarterly
Sector: Energy
Years of Dividend History: 42
Enbridge Inc. is one of North America's largest energy infrastructure operators, moving crude oil and natural gas through an extensive pipeline network across Canada and the United States. The Enbridge Inc. dividend currently yields 5.65%, placing it firmly in high-yield territory for income-focused investors. ENB pays quarterly, with a trailing annual rate of $3.8525 per share and an upcoming ex-dividend date of August 14, 2026. With a beta of 0.769, ENB stock carries below-market price volatility, a characteristic that tends to appeal to investors prioritizing income over capital appreciation.
Enbridge Inc. pays out 135.3% of earnings as dividends, a payout ratio classified as high (above 75%). That figure exceeds 100%, meaning ENB's earnings alone do not fully cover the dividend at this time. Enbridge Inc. dividend safety is supported in part by the company's infrastructure model: pipelines, gas distribution utilities serving residential and commercial customers in Ontario, and long-life transmission assets generate recurring demand that is less tied to commodity price swings than upstream energy businesses. The most significant pressure point is the payout ratio itself, which leaves little room to absorb an earnings decline without raising questions about dividend sustainability.
Enbridge Inc. dividend history shows a CAGR of 7.4% per year from 2011 to 2025. The per-share annual dividend grew from $0.9911 to $2.6934 over that period (2026 data is a partial year and excluded from the growth calculation). The largest single-year increase in the window was 16.2% in 2017, while recent years have seen much more modest step-ups, with the 2024-to-2025 increase amounting to less than 1%. Growth is slow by recent standards, and that limits upside for investors counting on rising income.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +0.5% | $2.65 (2022) | $2.69 (2025) |
| 5-Year | +2.2% | $2.41 (2020) | $2.69 (2025) |
| 10-Year | +6.3% | $1.46 (2015) | $2.69 (2025) |
ENB stock fits income-focused investors who want a high current yield from an infrastructure business with 18 consecutive years of dividend increases. The 5.65% yield, classified as high (above 4%), sits above the 5-year average of 5.47%, which reflects the elevated payout ratio rather than a change in the underlying business. The trade-off is straightforward: Enbridge Inc. offers a meaningful income stream backed by pipelines and gas utilities, but the 135.3% payout ratio means the dividend is not covered by earnings alone, and dividend growth has slowed to a near-standstill in recent years. Income today, limited growth tomorrow.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-14 | $0.6992 |
| 2026-05-15 | $0.7054 |
| 2026-02-17 | $0.7088 |
| 2025-11-14 | $0.6719 |
| 2025-08-15 | $0.6825 |
| 2025-05-15 | $0.6737 |
| 2025-02-14 | $0.6653 |
| 2024-11-15 | $0.6499 |
| 2024-08-15 | $0.6678 |
| 2024-05-14 | $0.6712 |
| Year | Total Dividends |
|---|---|
| 2026 | $2.1134 |
| 2025 | $2.6934 |
| 2024 | $2.6666 |
| 2023 | $2.6271 |
| 2022 | $2.6510 |
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