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Can Enbridge Support Its Dividend?


Dividend yields have fallen to lows not seen in decades. With the S&P 500 rallying double digits this year, the average dividend yield on stocks in that index is now at a 20-year low of 1.3%. That's making it harder for income-focused investors to find attractive opportunities.

It also makes them question stocks with high dividend yields like Enbridge (NYSE: ENB), which currently clocks in at 7.2%. Here's a closer look at whether the Canadian energy infrastructure giant can support that big-time payout.

Image source: Getty Images.

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Source Fool.com

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