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This 8%-Yielding Oil Stock Sees More Dividend Growth Ahead

TheMotleyFool

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This 8%-Yielding Oil Stock Sees More Dividend Growth Ahead

Canadian energy-infrastructure giant Enbridge (NYSE: ENB) continues to generate very stable cash flow despite all the turmoil in the oil market. That was evident in the third quarter as its cash flow was down ever so slightly from last-year's level. That has it on track to achieve its full-year forecast and keep its 8%-yielding dividend on solid ground.

Metric

Q3 2020

Source Fool.com

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