ENB Chart

Is High-Yield Enbridge Stock Still a Buy?

Enbridge (NYSE: ENB) is an $85 billion midstream giant with a business that spans across North America. Its dividend yield is 6.7%, which is multiples of the 1.2% yield you’d collect from the S&P 500 index and the 3.1% on offer from the average energy stock, using Energy Select Sector SPDR ETF (NYSEMKT: XLE) as…

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