SmarterDividends
ENB

Enbridge Inc.

ENB

Energy · Stock · quarterly payer

Forward Yield

4.96%

Annual Dividend

$2.81

Payout Ratio

129%

5-Yr Growth

2.2%

Ex-Date

May 15, 2026

Frequency

Quarterly

ENB Dividend Safety Score

57/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2018
Earnings payout coverage129% of earnings paid out
Balance-sheet strengthDebt/equity of 1.60
Yield vs its historyYield in line with its history

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

Is ENB a good dividend stock?

Mixed

Enbridge Inc. (ENB) pays a quarterly dividend yielding 4.96% ($2.81/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • 41% total price return over 5 years

Risks

  • Cut its dividend in 2018
  • Elevated payout ratio (129%)

Key Data

Dividend Yield
4.96%
Payout Ratio
129%
Annual Dividend
$2.81
5-Yr Avg Growth
2.2%
Ex-Dividend Date
May 15, 2026
Years of Growth
2
Frequency
quarterly
Beta
0.81
Market Cap
$123.9B
P/E Ratio
26.6
5-Yr Total Return
41%
52-Week Range
$43.59 – $58.45
Dividend Safety
C · 57/100
Ever Cut?
Yes (2018)
ENB ex-dividend date & scheduleNext ex-date May 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.81 / yr per share

Per payment (quarterly)$70.25
Annual$281.00
Monthly avg$23.42