This Surefire 6.4%-Yielding Dividend Stock Has the Fuel to Keep Growing
Enbridge (NYSE: ENB) is one of the most reliable dividend stocks in the energy sector. The Canadian energy infrastructure juggernaut has increased its payout for 27 straight years. Its most recent increase of 3% pushed its dividend yield up to 6.4%.
That upward trajectory in the dividend is showing no signs of ending anytime soon. Enbridge has plenty of fuel to grow its cash flow over the coming years, which should support continued dividend increases. That makes it a great stock for investors seeking a sustainable passive income stream.
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Source Fool.com
