These assets are relatively removed from the upward or downward movements in oil prices, making this company an interesting play in the oil & gas sector as it is one of the few businesses that can actually continue to make money (in some cases, more money) in lower commodity price environments.
With a dividend of more than 4.7%, Enbridge continues to be a favorite among yield-focused investors looking for stable and growing businesses to put their hard-earned capital into. With cash flow generally expected to grow in the 12%-14% per year range in the case of Enbridge, investors looking for long-term dividend growth can expect to do very well by investing in Enbridge today and continuing to invest over time.
I have said for a long time that dividend growth often surpasses current dividend yield in terms of importance for investment attributes I look at, given the long-term game that is investing.