This Elite 7.2%-Yielding Dividend Is Heading Higher Once Again in 2022
Enbridge (NYSE: ENB) has been an outstanding dividend stock over the years. The Canadian energy infrastructure giant recently declared its 27th consecutive annual dividend increase. That puts it in the elite territory of a Dividend Aristocrat. While Enbridge doesn't officially qualify for that designation because it's not a U.S. company and therefore ineligible for inclusion in the S&P 500, that's still an impressive streak. Moreover, Enbridge has grown its payout at a 10% compound annual rate during that time.
The company's 2022 raise isn't quite that high. However, it probably isn't the last one, either. Here's a closer look at what Enbridge sees in 2022 and beyond.
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Source Fool.com
