This Magnificent Dividend Stock's Recent Additions Add More Fuel to the Buy Case
Enbridge (NYSE: ENB) has been a magnificent investment over the years. The Canadian energy infrastructure company has increased its dividend for 28 straight years. That has allowed it to generate attractive total returns for investors.
Since 2008, Enbridge has produced an average annual total return of 11.7%, outpacing the S&P 500's 11% total return during that time frame.
The company recently added even more fuel to its growth engine, giving it the resources to keep increasing its 7%-yielding dividend. That further enhances the investment thesis.
Source Fool.com
