Enbridge Inc.
ENBEnergy · Stock · quarterly payer
Forward Yield
5.86%
Annual Dividend
$2.80
Payout Ratio
148%
5-Yr Growth
2.3%
Ex-Date
Aug 14, 2026
Frequency
Quarterly
Summary
As of September 2026, Enbridge Inc. (ENB) yields 5.86% ($2.80 per share annually), with a blended fair-value estimate of $40.86 — -14% downside, so it screens as fairly valued. Dividend safety grade: C (59/100). 2 years of dividend growth.
Is ENB a good dividend stock?
Yes, with caveatsEnbridge Inc. (ENB) pays a quarterly dividend yielding 5.86% ($2.80/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2018
- Elevated payout ratio (148%)
Key Data
- Dividend Yield
- 5.86%
- Payout Ratio
- 148%
- Annual Dividend
- $2.80
- 5-Yr Avg Growth
- 2.3%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.77
- Market Cap
- $104.3B
- P/E Ratio
- 25.4
- 5-Yr Total Return
- 20%
- 52-Week Range
- $45.03 – $58.45
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2018)
Frequently Asked Questions
ENB Price — Last 12 Months
Daily close
Price Return
1 Year
-5%
3 Years
+44%
5 Years
+20%
52-Week Range
$45.03 – $58.45
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ENB worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Enbridge Inc. is $40.86 per share, versus a market price of $47.76. That implies the stock is roughly fairly priced.
Fair Value
$40.86
Current Price
$47.76
Gap
-14%
Margin of Safety
-17%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 18.7% annual free-cash-flow growth. We model 9.7% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.1% discount rate (CAPM), 9.7% stage-1 growth, 2.5% terminal growth, $1.88 EPS, $2.80 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ENB Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | — | $0.6960 | regular |
| May 15, 2026 | — | $0.7070 | regular |
| Feb 17, 2026 | — | $0.7120 | regular |
| Aug 15, 2025 | — | $0.6830 | regular |
| May 15, 2025 | — | $0.6800 | regular |
| Feb 14, 2025 | — | $0.6700 | regular |
| Nov 15, 2024 | — | $0.6530 | regular |
| Aug 15, 2024 | — | $0.6680 | regular |
| May 14, 2024 | — | $0.6700 | regular |
| Feb 14, 2024 | — | $0.6750 | regular |
| Nov 14, 2023 | — | $0.6430 | regular |
| Aug 14, 2023 | — | $0.6600 | regular |
| May 12, 2023 | — | $0.6580 | regular |
| Feb 14, 2023 | — | $0.6660 | regular |
Income Calculator
At $2.80 / yr per share
