Incremental income and visible earnings growth Enbridge secured these utility acquisitions at historically attractive valuation multiples. Because of that, it expects the utilities will be accretive to its distributable cash flow per share in the first full year of ownership. With two of the three deals now closed, they'll supply Enbridge with incremental earnings and cash flow in 2024, with the full benefit expected in 2025. Enbridge has now closed two of the three natural gas utilities it plans to acquire ...

These companies still offer compelling yields despite the market's continued rally. The S&P 500 has enjoyed a nearly unrelenting rally over the past year. It's up nearly 10% in 2024 and has surged almost 24% over the past 12 months. That has the broad-market index routinely setting new all-time highs. The S&P 500's rally also has it trading at a high-valuation multiple (more than 20 times its price-to-earnings (P/E) ratio) and low-dividend yield (around 1.3%), making it harder to find values and compelling ...

Cimmerian Usually, high-yielding dividend stocks are associated with limited growth prospects and relatively elevated financial or business risk. The theory behind this is that, mathematically, to offer an attractive yield, the multiple (or price) has to be low against which the current income streams could be material enough to generate tangible yield. The multiple, in turn, is low when there is not a huge growth potential (i.e., the future cash flow profile is flat) or there is just too much uncertainty a ...

More than 4.5 million customers in 13 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to providing reliable, affordable, and increasingly clean energy every day and to achieving Net Zero emissions by 2050. Please visit DominionEnergy.com to learn more. SOURCE Dominion Energy Questar Gas Company, with more than 21,000 system miles, serves 1.2 million customer accounts in Utah, Wyoming, and Idaho ...

CALGARY, AB, June 3, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) ("Enbridge" or the "Company") announced today the closing of its acquisition of the Questar Gas Company ("Questar Gas") and its related Wexpro companies ("Wexpro" and collectively with Questar Gas, "Questar") from Dominion Energy, Inc. ("Dominion"). The Questar Gas utility will be doing business in Utah as Enbridge Gas Utah, in Wyoming as Enbridge Gas Wyoming, and in Idaho as Enbridge Gas Idaho. Questar will join Enbridge's Gas Di ...

z1b While the high-yield sector (SCHD) has largely recovered in recent weeks, several high-quality, high-yield dividend growth stocks remain well below their all-time highs. These stocks currently offer compelling combinations of safe and attractive current income, strong dividend growth potential, and significant valuation multiple expansion potential moving forward. We are loading up on several of these in our portfolio. In this article, we will discuss two of our favorites at the moment. #1. TC Energy St ...

With a huge 7.3% dividend yield and decades of annual dividend increases behind it, Enbridge has fallen into a period of slower growth. Management put a number on that, too, with guidance of roughly 3% distributable cash-flow growth each year between 2023 and 2026. The dividend won't grow any faster than that and may, in fact, grow more slowly. The big yield was always going to be the key driver of investor returns with Enbridge, but it could be virtually all of the return for a couple of years. Management ...

n I 1 X H x I er I I H n I I F I I - 2025 ISD) chrlif Enbridge (NYSE:ENB)(TSX:ENB:CA) is a large Canadian midstream company with a market capitalization of almost $80 billion USD. The company saw a late April dip to more than 10% below the current price at less than $33 / share. As we'll see throughout this article, despite the recovery from that dip, the company still remains a valuable investment opportunity. Enbridge Q1 2024 Results Enbridge managed to achieve strong results in the quarter, with a double ...

You might find incredible investments by looking forward a decade and trying to figure out who's working to put that future in place today. At its core, investing is all about the future. In typical approaches that try to put a value on a company's stock, prospective investors start by estimating the amount of money the company will generate for its owners over time. That future cash generating ability -- discounted for the fact that a potential $1 in your pocket next year is worth less than $1 of certain c ...

These pipeline companies are excellent options for those seeking to collect passive income. Investing in high-yield dividend stocks is an easy way to turn idle cash sitting in your portfolio into a lucrative income stream. High-quality income producers can provide you with a steadily rising stream of dividend income. Pipeline giants Enbridge (ENB 0.75%) and Enterprise Products Partners (EPD) are no-brainers among high- yield dividend stocks. They have superior track records of increasing their already sizab ...