Dividend Investors: Consider this Dividend Growth King

In the world of income-investing, the wide variety of options available to investors at a range of different yields, growth profiles, and underlying business models can be daunting for first-time investors deciding where to start.

One company which has continued to check all the boxes for many investors, representing a great place for new income investors to get started is Enbridge Inc. (TSX:ENB)(NYSE:ENB).

Enbridge is in the energy transportation business, with a number of upstream, midstream and downstream assets supporting its $80-billion market capitalization. The company recently made headline news when it decided to divest $3 billion of its assets to maintain its double digit dividend growth rate, a fact which the markets have cheered, boosting the company's share price meaningfully in recent trading days.

With the market generally expecting to see some sort of downgrade in Enbridge's dividend growth rate, the decision of the company's management team to continue to grow its dividend and reward long-term investors has been largely viewed as a good thing by long-term income focused investors dependent on continued income growth over time.

With an impressive backlog of projects in the company's "pipeline" (pardon the pun), the sale of $3 billion of company assets has generally not been viewed as a long-term negative, given the significant amount of growth expected in capital expenditures and asset growth in the years to come.

Invest wisely, my friends.